US Copper Corp Proposes $500,000 Non-Brokered Private Placement
US Copper Corp (TSXV: USCU) (OTCQB: USCUF) has announced a proposed non-brokered private placement to raise up to $500,000 through the issuance of up to 10,000,000 units at $0.05 per unit. Each unit consists of one common share and one warrant, with each warrant allowing the purchase of one common share at $0.08 within 2 years after closing.
The securities will have a four-month hold period, and the offering's completion requires regulatory and TSX Venture Exchange approvals. The proceeds will be used for general working capital purposes.
Additionally, the company's Board has approved the grant of 6,350,000 stock options to directors, officers, and consultants, with an exercise price of $0.10 per share, immediate vesting, and a 3-year term.
US Copper Corp (TSXV: USCU) (OTCQB: USCUF) ha annunciato una proposta di collocamento privato non intermediato per raccogliere fino a $500.000 attraverso l'emissione di un massimo di 10.000.000 di unità a $0,05 per unità. Ogni unità consiste di un'azione comune e un warrant, con ciascun warrant che consente l'acquisto di un'azione comune a $0,08 entro 2 anni dalla chiusura.
I titoli avranno un periodo di blocco di quattro mesi e il completamento dell'offerta richiede l'approvazione normativa e della TSX Venture Exchange. I proventi saranno utilizzati per le esigenze generali di capitale lavorativo.
Inoltre, il consiglio dell'azienda ha approvato l'assegnazione di 6.350.000 opzioni su azioni a direttori, funzionari e consulenti, con un prezzo di esercizio di $0,10 per azione, immediata maturazione e una durata di 3 anni.
US Copper Corp (TSXV: USCU) (OTCQB: USCUF) ha anunciado una propuesta de colocación privada no intermediada para recaudar hasta $500,000 a través de la emisión de hasta 10,000,000 de unidades a $0.05 por unidad. Cada unidad consiste en una acción ordinaria y un warrant, con cada warrant permitiendo la compra de una acción ordinaria a $0.08 dentro de 2 años después del cierre.
Los valores tendrán un periodo de retención de cuatro meses, y la finalización de la oferta requiere aprobaciones regulatorias y de la TSX Venture Exchange. Los fondos se utilizarán para fines generales de capital de trabajo.
Además, la Junta de la compañía ha aprobado la concesión de 6,350,000 opciones sobre acciones a directores, oficiales y consultores, con un precio de ejercicio de $0.10 por acción, con adquisición inmediata y un plazo de 3 años.
US Copper Corp (TSXV: USCU) (OTCQB: USCUF)는 최대 $500,000을 모금하기 위해 중개인 없는 사모 배급 제안을 발표했습니다. 이 제안은 주당 $0.05에 최대 10,000,000개의 단위를 발행하는 것입니다. 각 단위는 보통주 1주와 1개의 워런트로 구성되며, 각 워런트는 종가 후 2년 이내에 주당 $0.08에 보통주를 구매할 수 있게 해줍니다.
증권은 4개월의 보유 기간을 가지며, 제공 완료는 규제 및 TSX 벤처 거래소의 승인을 필요로 합니다. 수익금은 일반 운영 자본 용도로 사용됩니다.
추가로, 회사 이사회는 이사, 임원 및 컨설턴트에게 6,350,000개의 스톡 옵션을 부여하는 것을 승인했으며, 주당 행사 가격은 $0.10이며 즉시 발생하며 3년의 기간을 가집니다.
US Copper Corp (TSXV: USCU) (OTCQB: USCUF) a annoncé une proposition de placement privé sans courtage pour lever jusqu'à $500,000 par l'émission de jusqu'à 10,000,000 d'unités à $0,05 par unité. Chaque unité se compose d'une action ordinaire et d'un warrant, chaque warrant permettant l'achat d'une action ordinaire à $0,08 dans les 2 ans suivant la clôture.
Les titres auront une période de blocage de quatre mois, et la réalisation de l'offre nécessite des approbations réglementaires et de la TSX Venture Exchange. Les fonds seront utilisés à des fins générales de capital de travail.
En outre, le Conseil de l'entreprise a approuvé l'octroi de 6,350,000 options d'achat d'actions aux administrateurs, dirigeants et consultants, avec un prix d'exercice de $0,10 par action, une acquisition immédiate et un terme de 3 ans.
US Copper Corp (TSXV: USCU) (OTCQB: USCUF) hat ein vorgeschlagenes nicht vermittelte Privatplatzierung angekündigt, um bis zu $500.000 durch die Ausgabe von bis zu 10.000.000 Einheiten zu einem Preis von $0,05 pro Einheit zu beschaffen. Jede Einheit besteht aus einer Stammaktie und einem Warrant, wobei jeder Warrant den Erwerb einer Stammaktie zum Preis von $0,08 innerhalb von 2 Jahren nach Abschluss ermöglicht.
Die Wertpapiere unterliegen einer Haltefrist von vier Monaten, und der Abschluss des Angebots erfordert anbaurechtlichen und TSX Venture Exchange Genehmigungen. Der Erlös wird für allgemeine Betriebskapitalzwecke verwendet.
Darüber hinaus hat der Vorstand des Unternehmens die Gewährung von 6.350.000 Aktienoptionen an Direktoren, Führungskräfte und Berater genehmigt, mit einem Ausübungspreis von $0,10 pro Aktie, sofortiger Vesting und einer Laufzeit von 3 Jahren.
- Raising up to $500,000 in new capital for working capital purposes
- Warrants provide potential additional funding at $0.08 per share
- Significant dilution through issuance of up to 10,000,000 new units
- Additional dilution potential from 6,350,000 stock options
- Low unit pricing at $0.05 indicates possible financial pressure
Toronto, Ontario--(Newsfile Corp. - January 24, 2025) - US Copper Corp (TSXV: USCU) (OTCQB: USCUF) (FSE: C73) ("US Copper" or the "Company") announces a proposed non-brokered private placement for aggregate gross proceeds of up to
The Company intends to use the proceeds of the Offering for general working capital purposes.
In addition, the Company would also like to announce that its Board has approved the grant of 6,350,000 stock options to certain directors, officers and consultants of the Company, subject to regulatory and TSX Venture Exchange approval. The stock options have been issued with an exercise price of
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.sedarplus.ca. 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/238398
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