Kutcho Copper Announces $1,000,000 Flow-Through Financing

Core Viewpoint - Kutcho Copper Corp. has announced a non-brokered private placement to raise up to $1,000,000 through the issuance of flow-through units at a price of $0.17 per unit [1][2]. Group 1: Private Placement Details - The private placement will consist of up to 5,882,353 flow-through units, each unit comprising one flow-through share and one-half of a transferable common share purchase warrant [1][2]. - Each warrant is exercisable at a price of $0.25 per common share for a period of 24 months from the closing date [2]. Group 2: Use of Proceeds - The proceeds from the sale of flow-through shares will be used for exploration on the Kutcho copper-zinc property in British Columbia, qualifying as "Canadian exploration expense" and "flow-through critical mineral mining expenditure" [3]. - The exploration expenses must be incurred on or before December 31, 2026, and renounced to the initial purchasers of flow-through shares by December 31, 2025 [3]. Group 3: Regulatory and Compliance Information - The closing of the private placement is subject to approval from the TSX Venture Exchange [4]. - All securities issued will have a hold period of four months and a day from the date of issuance [4]. - The securities offered have not been registered under the U.S. Securities Act and cannot be sold in the United States without registration or exemption [5].