Vancouver, British Columbia--(Newsfile Corp. - October 31, 2025) - American Copper Development Corporation (CSE: ACDX) ("ACDX" or the "Company") announces a leadership transition.Effective immediately, Anthony Paterson has been appointed Chief Executive Officer and Director, with Jeremy Ross and Ali Pickett joining the Board.Mr. Anthony Paterson is an experienced venture builder and corporate strategist with a background in advancing exploration and development-stage companies. As an early strategic contri ...

Core Points - American Copper Development Corporation has closed a non-brokered private placement consisting of 5,405,763 units at a price of CAD$0.225 per unit, raising aggregate gross proceeds of CAD$1,216,296.74 [1] - Each unit consists of one common share and one transferable share purchase warrant, with each warrant exercisable at CAD$0.30 for a period of 18 months [1] - The proceeds from the private placement will be used for general working capital purposes [4] Group 1 - The company issued 303,334 units to directors and officers, raising gross proceeds of CAD$68,250.15, which constitutes a related party transaction [3] - The issuance to insiders is exempt from certain requirements under Multilateral Instrument 61-101 due to the fair market value of the consideration not exceeding 25% of the company's market capitalization [3] - All securities issued will be subject to a statutory hold period of four months and one day, along with a voluntary lock-up where one-third of the securities will be released every six months [4] Group 2 - The company is engaged in mineral exploration and the acquisition of mineral property assets, focusing on developing economic precious and base metal properties [5]

Group 1 - The company, American Copper Development Corporation, announced a non-brokered private placement of up to 5,350,000 units at a price of CAD$0.225 per unit, aiming for aggregate gross proceeds of up to CAD$1,203,750 [1] - Each unit consists of one common share and one transferable share purchase warrant, with each warrant exercisable to purchase one additional common share at a price of CAD$0.30 for a period of 18 months from the closing date [1] - The proceeds from the private placement will be used for general working capital purposes [2] Group 2 - The private placement is subject to the approval of the Canadian Securities Exchange (CSE), and all securities issued will be subject to a statutory hold period of four months and one day, along with a voluntary lock-up where one-third of the securities will be released from escrow every six months after closing [3] - Finder's fees may be payable in connection with the private placement, in accordance with CSE policies and applicable securities laws [3] Group 3 - The company is engaged in mineral exploration and the acquisition of mineral property assets, with the objective of locating and developing economic precious and base metal properties [4]