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US Copper Corp. Announces Warrant Extension

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US Copper Corp. has announced the extension of the expiry date of 26,400,000 share purchase warrants, allowing holders to purchase common shares at $0.10 per share. The extension is subject to TSX Venture Exchange approval, with all other terms remaining unchanged.

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  • Extension of expiry date provides shareholders with more time to exercise warrants at a favorable price of $0.10 per share.

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Toronto, Ontario--(Newsfile Corp. - May 9, 2024) - US Copper Corp. (TSXV: USCU) (OTCQB: USCUF) (FSE: C730) ("US Copper" or the "Company") has decided to extend the expiry date of 26,400,000 share purchase warrants ("Warrants") which allow holders to purchase up to 26,400,000 common shares in the authorized share capital of the Company at an exercise price of $0.10 per share, from May 20, 2024 to February 19, 2025. All other terms of the Warrants will remain unchanged. The extension of the expiry date of the aforementioned Warrants by nine months is subject to TSX Venture Exchange approval.

For Further Information Contact:

Mr. Stephen Dunn, President, CEO and Director, US Copper Corp (416) 361-2827 or email info@uscoppercorp.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

This press release contains forward-looking statements within the meaning of applicable Canadian and U.S. securities laws and regulations, including statements regarding the future activities of the Company. Forward-looking statements reflect the current beliefs and expectations of management and are identified by the use of words including "will", "hopes", "anticipates", "expected to", "plans", "planned", "intends" and other similar words. Actual results may differ significantly. The achievement of the results expressed in forward-looking statements is subject to a number of risks, including those described in the Company's management discussion and analysis as filed with the Canadian securities regulatory authorities which are available at www.sedar.com. Investors are cautioned not to place undue reliance upon forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/208664

FAQ

<p>What is the new expiry date for the share purchase warrants?</p>

The new expiry date for the share purchase warrants is February 19, 2025.

<p>How many common shares can holders purchase with the warrants?</p>

Holders can purchase up to 26,400,000 common shares with the warrants.

<p>What is the exercise price per share with the warrants?</p>

The exercise price per share with the warrants is $0.10.

<p>Who can be contacted for further information regarding the warrant extension?</p>

For further information, contact Mr. Stephen Dunn, President, CEO, and Director of US Copper Corp at (416) 361-2827 or email info@uscoppercorp.com.

US COPPER CORP

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