CopAur Minerals (COPAF) has successfully closed an oversubscribed non-brokered private placement, raising $505,500 through the issuance of 5,055,000 units at $0.10 per unit. Each unit includes one common share and half a warrant, with each whole warrant exercisable at $0.15 for 18 months. The placement received strong backing from seasoned mining investors and strategic industry participants. The warrants include an acceleration clause if shares trade at or above $0.20 for 10 consecutive days. The company paid $33,635 in finder's fees and issued 336,350 finder warrants. Proceeds will fund working capital and advance exploration at the Kinsley Mountain Gold Project in Nevada, a Carlin-style gold system.
CopAur Minerals (COPAF) ha concluso con successo un collocamento privato non mediato, sovraccarico di richieste, raccogliendo 505.500 dollari tramite l'emissione di 5.055.000 unit脿 a 0,10 dollari ciascuna. Ogni unit脿 comprende un'azione ordinaria e mezza warrant, con ogni warrant intero esercitabile a 0,15 dollari per 18 mesi. Il collocamento ha ottenuto un forte sostegno da parte di investitori esperti nel settore minerario e partecipanti strategici dell'industria. I warrant includono una clausola di accelerazione se le azioni vengono scambiate a 0,20 dollari o pi霉 per 10 giorni consecutivi. La societ脿 ha pagato 33.635 dollari in commissioni di collocamento e ha emesso 336.350 warrant per i collocatori. I proventi saranno utilizzati per il capitale circolante e per avanzare l'esplorazione presso il progetto aurifero Kinsley Mountain in Nevada, un sistema aurifero di tipo Carlin.
CopAur Minerals (COPAF) ha cerrado con 茅xito una colocaci贸n privada no intermediada y sobresuscrita, recaudando 505,500 d贸lares mediante la emisi贸n de 5,055,000 unidades a 0.10 d贸lares cada una. Cada unidad incluye una acci贸n com煤n y media warrant, siendo cada warrant completo ejercitable a 0.15 d贸lares durante 18 meses. La colocaci贸n recibi贸 un fuerte respaldo de inversores mineros experimentados y participantes estrat茅gicos de la industria. Las warrants incluyen una cl谩usula de aceleraci贸n si las acciones cotizan a 0.20 d贸lares o m谩s durante 10 d铆as consecutivos. La compa帽铆a pag贸 33,635 d贸lares en comisiones de colocaci贸n y emiti贸 336,350 warrants para los colocadores. Los fondos se destinar谩n a capital de trabajo y para avanzar en la exploraci贸n del Proyecto de Oro Kinsley Mountain en Nevada, un sistema aur铆fero estilo Carlin.
CopAur Minerals (COPAF) a cl么tur茅 avec succ猫s un placement priv茅 non parrain茅 et sursouscrit, levant 505 500 dollars gr芒ce 脿 l'茅mission de 5 055 000 unit茅s 脿 0,10 dollar chacune. Chaque unit茅 comprend une action ordinaire et une demi-warrant, chaque warrant complet 茅tant exer莽able 脿 0,15 dollar pendant 18 mois. Le placement a b茅n茅fici茅 d'un fort soutien d'investisseurs miniers exp茅riment茅s et de participants strat茅giques de l'industrie. Les warrants comportent une clause d'acc茅l茅ration si les actions se n茅gocient 脿 0,20 dollar ou plus pendant 10 jours cons茅cutifs. La soci茅t茅 a vers茅 33 635 dollars de frais d'interm茅diaire et 茅mis 336 350 warrants pour les interm茅diaires. Les fonds serviront 脿 financer le fonds de roulement et 脿 faire avancer l'exploration du projet aurif猫re Kinsley Mountain dans le Nevada, un syst猫me aurif猫re de type Carlin.
CopAur Minerals (COPAF) hat eine 眉berzeichnete, nicht vermittelte Privatplatzierung erfolgreich abgeschlossen und dabei 505.500 US-Dollar durch die Ausgabe von 5.055.000 Einheiten zu je 0,10 US-Dollar eingenommen. Jede Einheit umfasst eine Stammaktie und eine halbe Option (Warrant), wobei jede ganze Warrant f眉r 18 Monate zu 0,15 US-Dollar ausge眉bt werden kann. Die Platzierung erhielt starke Unterst眉tzung von erfahrenen Bergbauinvestoren und strategischen Branchenakteuren. Die Warrants enthalten eine Beschleunigungsklausel, falls die Aktien f眉r 10 aufeinanderfolgende Tage bei oder 眉ber 0,20 US-Dollar gehandelt werden. Das Unternehmen zahlte 33.635 US-Dollar an Vermittlungsgeb眉hren und gab 336.350 Vermittler-Warrants aus. Die Erl枚se werden zur Finanzierung des Betriebskapitals und zur F枚rderung der Exploration des Kinsley Mountain Goldprojekts in Nevada verwendet, einem Goldsystem im Carlin-Stil.
Positive
Successfully raised $505,500 through an oversubscribed private placement
Strong participation from seasoned mining investors and strategic industry participants
Proceeds will advance high-priority Kinsley Mountain Gold Project in Nevada
Warrant acceleration clause provides potential upside at $0.20 share price
Negative
Significant dilution with 5,055,000 new units issued
Additional potential dilution from warrants if exercised
Relatively high finder's fees of $33,635 plus 336,350 finder warrants
Vancouver, British Columbia--(Newsfile Corp. - May 30, 2025) - CopAur Minerals Inc. (TSXV: CPAU) ("CopAur" or the "Company"), a member of the Metals Group of companies, is pleased to announce the successful closing of its non-brokered private placement (the "Private Placement"), previously announced on May 22 and 27, 2025. Due to strong investor demand, the Private Placement was upsized and now consists of 5,055,000 units (the "Units") issued at a price of $0.10 per Unit, for total gross proceeds of $505,500.
The Private Placement was strongly supported by seasoned mining investors and strategic industry participants, reflecting strong internal alignment and confidence in the Company's future direction. With key participants now well-positioned within the Company, CopAur is well-structured to pursue significant corporate and exploration milestones in the near term.
Each Unit comprises one common share of the Company and one-half of one common share purchase warrant. Each whole warrant entitles the holder to acquire one additional common share at a price of $0.15 for a period of 18 months from the date of issuance. The warrants are subject to an acceleration clause: if the Company's shares trade at or above $0.20 for 10 consecutive trading days, the Company may accelerate the expiry date of the warrants by providing 30 days' notice to warrant holders.
All securities issued under the Private Placement are subject to a statutory hold period of four months and one day, in accordance with applicable securities laws.
The Company has paid a total of $33,635 in finders' fees and issued 336,350 finder warrants. Each finder warrant entitles the holder to acquire one common share at an exercise price of $0.15 for a period of 18 months, subject to the same terms as the warrants described above.
Net proceeds from the Private Placement will be used for general working capital and to advance the Company's high-priority exploration projects, primarily the Kinsley Mountain Gold Project in Nevada-a Carlin-style gold system with near-term discovery potential.
About CopAur
CopAur Minerals Inc. is an exploration company focused on developing mineral projects within the emerging, resource-rich mining districts of Nevada. A proud member of the Metals Group of companies, CopAur is backed by a dynamic team of resource professionals with a strong track record of discovery and value creation. The Company's flagship asset is the Kinsley Mountain Gold Project, a Carlin-style gold system located approximately 90 kilometres south of the Long Canyon Mine, currently operated under the Newmont/Barrick joint venture, Nevada Gold Mines.
ON BEHALF OF THE BOARD OF COPAUR MINERALS INC.
Jeremy Yaseniuk, Chief Executive Officer
For more information, please contact:
Jeremy Yaseniuk, Chief Executive Officer & Director Tel: +1 (604) 773-1467 Email: [email protected]
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 news release.
Forward Looking Information
This news release contains forward-looking statements. These statements relate to future events or Company's future performance. All such statements involve substantial known and unknown risks, uncertainties and other factors which may cause the actual results to vary from those expressed or implied by such forward-looking statements. Forward-looking statements involve significant risks and uncertainties, they should not be read as guarantees of future performance or results and they will not necessarily be accurate indications of whether or not such results will be achieved. Actual results could differ materially from those anticipated due to a number of factors and risks. Although the forward-looking statements contained in this news release are based upon what management of the Company believes are reasonable assumptions on the date of this news release, the Company cannot assure investors that actual results will be consistent with these forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof and the Company disclaims any intention or obligation to update or revised any forward-looking statements whether as a result of new information, future events or otherwise, except as required under applicable securities regulations.
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FAQ
How much did CopAur Minerals (COPAF) raise in its May 2025 private placement?
CopAur Minerals raised $505,500 through an oversubscribed non-brokered private placement by issuing 5,055,000 units at $0.10 per unit.
What are the terms of CopAur Minerals' (COPAF) private placement warrants?
Each whole warrant allows purchase of one common share at $0.15 for 18 months, with an acceleration clause if shares trade at or above $0.20 for 10 consecutive days.
How will CopAur Minerals (COPAF) use the proceeds from the private placement?
The proceeds will be used for general working capital and to advance exploration at the Kinsley Mountain Gold Project in Nevada.
What finder's fees did CopAur Minerals (COPAF) pay for the private placement?
CopAur paid $33,635 in finder's fees and issued 336,350 finder warrants exercisable at $0.15 for 18 months.
What is the hold period for securities issued in CopAur Minerals' (COPAF) private placement?
All securities issued are subject to a statutory hold period of four months and one day.
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