Kutcho Copper Announces $3,000,000 Flow-Through Financing

Core Viewpoint - Kutcho Copper Corp. has announced a non-brokered private placement to raise up to $3,000,000 through the issuance of flow-through units at a price of $0.43 per unit [1][2]. Group 1: Private Placement Details - The private placement will consist of up to 6,976,744 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 $0.55 per common share for a period of 24 months from the closing date [2]. - The proceeds from the sale of flow-through shares will be used for exploration on the Kutcho copper-zinc property, qualifying as Canadian exploration expenses [3]. Group 2: Regulatory and Compliance Information - The closing of the private placement is subject to approval from the TSX Venture Exchange, and the company may pay finder's fees as permitted by applicable policies [4]. - Certain directors and officers may participate in the private placement, which is considered a related-party transaction and is exempt from certain valuation and minority shareholder approval requirements [5]. - The securities offered will not be registered under the U.S. Securities Act and cannot be sold in the United States without registration or an applicable exemption [6].