Core Insights - NorthWest Copper Corp has successfully upsized its non-brokered critical mineral flow-through private placement financing to a total of $4.1 million due to strong investor demand [1][2] - The funds will be utilized for exploration drilling and metallurgical programs at the Kwanika project, focusing on higher-grade zones within existing mineral resources [2][3] Financing Details - The final tranche of the upsized flow-through offering closed with subscriptions of 887,490 units at a price of $0.225 per unit, generating gross proceeds of $0.9 million [1][2] - Each unit consists of one flow-through common share and one half of a non-transferable common share purchase warrant, with the warrants exercisable at $0.34 until August 22, 2027 [2][4] Exploration Plans - The financing allows for a staged approach to the 2025 exploration program, which includes a 5,135-meter drill program aimed at confirming and expanding higher-grade zones [2] - Additional nearby targets, such as the Transfer Target and Andesite Breccia Target, will also be tested for potential new mineralization [2] Tax Implications - The flow-through shares will qualify as "flow-through shares" under Canadian tax law, with proceeds allocated to eligible resource exploration expenses [3] Advisory and Fees - Canaccord Genuity Corp acted as the financial advisor for the offering, with the company incurring cash finder's fees and issuing common shares and compensation warrants as part of the final tranche [4]

Core Viewpoint - NorthWest Copper Corp has successfully closed the second tranche of its upsized non-brokered critical mineral flow-through private placement financing, raising a total of $3.2 million out of a targeted $3.5 million, which will support its exploration and metallurgical test work programs at Kwanika for 2025 [1][2]. Financing Details - The second tranche of the flow-through (FT) offering closed with subscriptions of 2,917,666 units at a price of $0.225 per unit, generating gross proceeds of $0.65 million [2]. - Each FT unit consists of one flow-through common share and one half of a non-transferable common share purchase warrant, with the warrants exercisable at $0.34 until August 8, 2027 [2]. - The hard dollar (HD) offering raised $0.475 million through the sale of 2,375,000 units at $0.20 per unit, with similar warrant terms [3]. Use of Proceeds - Proceeds from the FT offering will be allocated for exploration at Kwanika Central and the nearby Transfer Target [2]. - Funds from the HD offering will be utilized for general corporate purposes [3]. Tax Implications - The FT shares qualify as "flow-through shares" under Canadian tax law, with proceeds earmarked for eligible resource exploration expenses [4]. Advisory and Fees - Canaccord Genuity Corp continues to serve as the financial advisor for the FT offering, with cash finder's fees of $39,088 and additional compensation shares and warrants issued to eligible finders [5]. Company Overview - NorthWest Copper is focused on copper and gold exploration and development in British Columbia, with a portfolio that includes advanced and early-stage projects [8]. - The company aims to engage in responsible mineral exploration, collaborating with First Nations to ensure sustainable practices [8].