Welcome to our dedicated page for CPRRF news (Ticker: CPRRF), a resource for investors and traders seeking the latest updates and insights on CPRRF stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect CPRRF's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of CPRRF's position in the market.
Allied Copper Corp. (TSX-V: CPR, OTCQB: CPRRF) has received the necessary permits to initiate its 2022 drilling program at the Klondike Property in Colorado. The Klondike consists of 76 unpatented mining claims and is located in the Paradox Copper Belt. Previous exploration has identified promising targets, including the Northeast Fault, where sampling returned significant mineralization of 1.56% copper and 1.4 g/t silver. The company is fully funded for the program, with drilling expected to commence around July 15, 2022.
Allied Copper Corp. (TSX-V: CPR, OTCQB: CPRRF) issued a statement concerning promotional activity related to its common stock. OTC Markets notified the Company of promotional newsletters distributed by third parties, managed by Emerging Markets Consulting LLC (EMC), which aimed to increase market share. The Company had editorial control over the content and believes it was not misleading. Management noted increased trading activity coinciding with these promotions. Additionally, the Company disclosed prior issuance of securities at a discount to market prices, consistent with TSX-V policies.
Allied Copper Corp. (TSX-V: CPR, OTCQB: CPRRF) announced the filing of a National Instrument 43-101 Technical Report for its Klondike Property in Colorado. The report, effective March 26, 2022, provides a comprehensive overview of the property, which spans 874 hectares and contains significant copper mineralization. Historical assays reached 6.3% copper. The Klondike Property is strategically located within the Paradox Copper Belt near existing mining operations. The report is accessible on SEDAR and the company's website.
Allied Copper Corp. has appointed Kyle Hookey as interim CEO following Richard Tremblay's resignation. Hookey, who has served as an Independent Director and previously as CEO, will start on March 31, 2022. He brings over 10 years of mining and capital markets experience, crucially guiding the company’s restructuring and asset acquisition efforts. The company is concentrating on a significant exploration program planned for Q2 and Q3 2022, aiming to bolster its copper and gold asset development in the Western U.S.
Allied Copper Corp. (TSX-V: CPR, OTCQB: CPRRF) has engaged Emerging Markets Consulting, LLC (EMC) to enhance its investor relations focusing on U.S. investors, a market significantly larger than Canada’s. Warner Uhl, Executive Chairman, expressed optimism about the collaboration, aiming to reach a broader audience. The three-month engagement, starting March 1, 2022, comes with a fee of USD$150,000, with no stock options issued. EMC aims to leverage its expertise to strengthen Allied Copper's visibility and investor base as the company progresses in exploration and development efforts.
Allied Copper Corp. has achieved DTC eligibility, enhancing the ability to settle and transfer common shares electronically in the USA. This is expected to increase liquidity and broaden access to brokerage firms and institutional investors, simplifying share trading. The Depository Trust Company (DTC) is a significant player in electronic clearing for publicly traded companies. Allied Copper focuses on developing scalable copper and gold assets in the Western U.S., emphasizing low-cost, high-growth operations.
Allied Copper Corp. (TSX-V: CPR, OTCQB: CPRRF) has engaged Red Cloud Securities Inc. to provide market making services for a three-month period starting March 1, 2022. The engagement includes a fee of $5,000 per month and aims to ensure liquidity and tight market conditions for the company's stock. Red Cloud’s experienced team will offer trading advice and maintain oversight on daily trading activities. Allied Copper focuses on developing scalable copper and gold assets in the Western U.S., seeking low-cost operations with high growth potential.
Allied Copper Corp. has signed an option agreement to acquire a 100% interest in the Stateline Property from Cloudbreak Discovery Plc and partners for CAD $315,000 in cash and CAD $3,750,000 in exploration expenditures. Situated near the Lisbon Valley Copper Mine, the property encompasses 22 claims across 148 hectares. Historical data reveals significant copper and silver mineralization, with exploration programs planned for 2022 to refine drill targets. This acquisition is positioned to enhance Allied Copper's asset portfolio amidst rising copper demand driven by electrification and the EV revolution.
