US Copper Corp Announces Upsize of Non-Brokered Private Placement
US Copper Corp (OTCQB: USCUF) has announced an increase in its previously announced non-brokered private placement offering. The upsized offering now aims to raise gross proceeds of up to $1.25 million through the issuance of up to 12.5 million units at $0.10 per unit.
Each unit consists of one common share and one warrant, with each warrant allowing the purchase of one common share at $0.15 within 2 years after closing. The securities will be subject to a four-month hold period, and the proceeds will be used for general working capital purposes. The offering completion remains subject to regulatory and TSX Venture Exchange approvals.
US Copper Corp (OTCQB: USCUF) ha annunciato un aumento dell'offerta privata non intermediata precedentemente comunicata. L'offerta ampliata mira ora a raccogliere proventi lordi fino a 1,25 milioni di dollari attraverso l'emissione di fino a 12,5 milioni di unit脿 a 0,10 dollari per unit脿.
Ogni unit脿 猫 composta da un'azione ordinaria e da un warrant, che consente l'acquisto di un'azione ordinaria a 0,15 dollari entro 2 anni dalla chiusura. I titoli saranno soggetti a un periodo di blocco di quattro mesi e i proventi saranno utilizzati per scopi generali di capitale circolante. Il completamento dell'offerta 猫 subordinato all'approvazione da parte delle autorit脿 regolatorie e della TSX Venture Exchange.
US Copper Corp (OTCQB: USCUF) ha anunciado un aumento en su oferta privada no intermediada previamente anunciada. La oferta ampliada ahora busca recaudar ingresos brutos de hasta 1,25 millones de d贸lares mediante la emisi贸n de hasta 12,5 millones de unidades a 0,10 d贸lares por unidad.
Cada unidad consta de una acci贸n com煤n y un warrant, que permite la compra de una acci贸n com煤n a 0,15 d贸lares dentro de 2 a帽os despu茅s del cierre. Los valores estar谩n sujetos a un per铆odo de retenci贸n de cuatro meses y los ingresos se utilizar谩n para fines generales de capital de trabajo. La finalizaci贸n de la oferta est谩 sujeta a la aprobaci贸n regulatoria y de la bolsa TSX Venture Exchange.
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US Copper Corp (OTCQB : USCUF) a annonc茅 une augmentation de son offre priv茅e non parrain茅e pr茅c茅demment annonc茅e. L'offre augment茅e vise d茅sormais 脿 lever un produit brut allant jusqu'脿 1,25 million de dollars par l'茅mission de jusqu'脿 12,5 millions d'unit茅s 脿 0,10 dollar par unit茅.
Chaque unit茅 se compose d'une action ordinaire et d'un bon de souscription, chaque bon permettant l'achat d'une action ordinaire 脿 0,15 dollar dans un d茅lai de 2 ans apr猫s la cl么ture. Les titres seront soumis 脿 une p茅riode de blocage de quatre mois, et les fonds seront utilis茅s 脿 des fins g茅n茅rales de fonds de roulement. La r茅alisation de l'offre reste soumise aux approbations r茅glementaires et de la TSX Venture Exchange.
US Copper Corp (OTCQB: USCUF) hat eine Erh枚hung ihres zuvor angek眉ndigten nicht vermittelten Privatplatzierungsangebots bekannt gegeben. Das erweiterte Angebot zielt nun darauf ab, Bruttoerl枚se von bis zu 1,25 Millionen US-Dollar durch die Ausgabe von bis zu 12,5 Millionen Einheiten zu je 0,10 US-Dollar pro Einheit zu erzielen.
Jede Einheit besteht aus einer Stammaktie und einem Optionsschein, wobei jeder Optionsschein den Kauf einer Stammaktie zu 0,15 US-Dollar innerhalb von 2 Jahren nach Abschluss erm枚glicht. Die Wertpapiere unterliegen einer viermonatigen Haltefrist, und die Erl枚se werden f眉r allgemeine Betriebskapitalzwecke verwendet. Der Abschluss des Angebots steht unter dem Vorbehalt der beh枚rdlichen und der TSX Venture Exchange Genehmigungen.
- Increased offering size demonstrates potential investor interest
- Warrants provide potential additional funding at $0.15 per share
- Strengthened working capital position through $1.25M capital raise
- Dilution of existing shareholders through new share issuance
- Offering price of $0.10 per unit may represent a discount to market price
- Four-month hold period limits immediate liquidity for new investors
Toronto, Ontario--(Newsfile Corp. - July 18, 2025) - US Copper Corp (TSXV: USCU) (OTCQB: USCUF) (FSE: C73) ("US Copper" or the "Company") is pleased to announce that, further to the Company's press release dated July 14, 2025, US Copper has increased the size of its previously announced non-brokered private placement (the "Offering"). Pursuant to the upsize, the Offering now consists of aggregate gross proceeds of up to
The Company intends to use the proceeds of the Offering for general working capital purposes.
For Further Information Contact:
Mr. Stephen Dunn, President, CEO and Director, US Copper Corp (416) 361-2827 or 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 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
FAQ
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