Kutcho Copper Announces Closing of Flow-Through Financing

Core Viewpoint - Kutcho Copper Corp. has successfully closed a non-brokered flow-through private placement, raising gross proceeds of $1,000,039 through the issuance of 5,882,585 flow-through units at a price of $0.17 per unit [1] Group 1: Financial Details - The private placement consists of flow-through units, each comprising one flow-through share and one-half of a transferable common share purchase warrant, with each warrant exercisable at $0.25 for 24 months [1] - The funds raised will be allocated for exploration on the Kutcho copper-zinc property, qualifying as "Canadian exploration expense" and "flow-through critical mineral mining expenditure" under the Income Tax Act (Canada) [2] - The company incurred cash commissions of $43,404 and issued 255,319 non-transferable finder warrants, also exercisable at $0.25 for 24 months [4] Group 2: Regulatory and Compliance Information - The private placement is subject to final approval from the TSX Venture Exchange [4] - Participation from certain directors and officers constitutes a related-party transaction, exempt from certain valuation and minority shareholder approval requirements under Multilateral Instrument 61-101 [3] - The securities offered have not been registered under the U.S. Securities Act and cannot be sold in the U.S. without registration or applicable exemption [5]