Copper Quest Closes Second and Final Tranche of Flow-Through Private Placement

Core Viewpoint - Copper Quest Exploration Inc. has successfully completed a non-brokered private placement, issuing 579,764 flow-through shares at a price of $0.19 per share, raising gross proceeds of $110,155.16 for exploration activities in British Columbia [1][2]. Company Summary - Copper Quest is focused on building shareholder value through acquisitions, exploration, and responsible development of its North American Critical Mineral portfolio, which includes six projects covering over 40,000 hectares [6][11]. - The company holds a 100% interest in several properties, including the Stars Property (9,693 hectares), Stellar Property (5,389 hectares), and the Nekash Copper-Gold Project (585 hectares) [7][8]. - The leadership team consists of experienced mining industry executives with a strong track record in discovering and developing mining projects globally [11]. Financial Details - The private placement involved cash finder's fees totaling $2,770.20 and the issuance of 14,580 finder's warrants, allowing holders to acquire non-flow-through common shares at an exercise price of C$0.19 until December 24, 2027 [3]. Industry Context - Copper is identified as a critical industrial metal essential for the global energy transition, playing a significant role in electrification and renewable energy systems [5]. - The copper market is facing persistent deficits due to rising global demand and challenges in new supply, including declining grades and underinvestment [5].