Copper Road Announces Amendments to Financing

Core Viewpoint - Copper Road Resources Inc. is amending its non-brokered private placement offering to raise funds through the sale of common share units and flow-through units, with specific allocations for exploration and property payments [1][3][4] Group 1: Offering Details - The amended offering will consist of up to 8,747,500 common share units at a price of $0.04 per unit, aiming for gross proceeds of up to $349,900 [1] - Additionally, the offering includes 13,333,333 flow-through units at a price of $0.045 per unit, targeting gross proceeds of up to $600,000 [1] - Each common share unit will include one common share and one common share purchase warrant, while each flow-through unit will consist of one flow-through share and one warrant [2] Group 2: Use of Proceeds - Proceeds from the sale of flow-through shares will be allocated to eligible Canadian exploration expenses, specifically for the exploration of the Ben Nevis Project and other Ontario properties [3] - Funds from the sale of common share units will be used for property payments related to the Ben Nevis Project and for general working capital [4] Group 3: Regulatory and Transaction Details - The offering may involve finder's fees and participation from certain insiders, which will be treated as a related party transaction under Multilateral Instrument 61-101 [5] - All securities issued will be subject to a hold period of four months and one day post-issuance, and the offering is contingent upon receiving necessary regulatory approvals [6][8] - The offering may close in multiple tranches, with the first anticipated closing around December 22, 2025 [8]