Universal Copper Ltd. is pleased to announce that, further to its news release dated February 14, 2024, it has mailed its management information circular and related proxy materials to shareholders of the Company and holders of Options in connection with the special meeting of Securityholders to be held at 10:30 a.m. on April 10, 2024 . The Meeting [...]
Universal Copper Ltd. is pleased to announce that it has entered into a definitive arrangement agreement with Vizsla Copper Corp. pursuant to which Vizsla Copper will, subject to the terms and conditions of the Arrangement Agreement, acquire 100% of the issued and outstanding common shares in the capital of the Company by way of a court-approved [...]
Universal Copper Ltd. is pleased to announce that it has received $150,000 from an arm's length lender pursuant to the terms and conditions of a convertible loan agreement entered into between the Company and the Lender. The Principal Amount will become due and payable on May 28, 2024 , subject to acceleration in certain instances, and is secured [...]
Universal Copper Ltd. is pleased to announce the five-year renewal of its existing exploration permit on the Company's flagship Poplar Copper Project , located southwest of Houston, British Columbia. The Company added a further 80 drill sites within its current permit area, focused on the Poplar deposit. The permit renewal allows the Company to [...]
Universal Copper Ltd. is pleased to announce it has re-negotiated the previous agreement with Doctors Investment Group Ltd. whereby the companies have agreed to amend the remaining payment schedule for the Poplar Copper Project as set out in the original Option Agreement dated November 17th, 2017 as amended March 9, 2018, May 17, 2018, and May 25 [...]
Universal Copper Ltd. Further to the Company's news release issued March 21, 2023, the Company is pleased to announce that it has received the final approval of the TSX Venture Exchange and closed its non-brokered private placement of units. The private placement was oversubscribed by 10%. The Company will issue 52,810,200 units of the Company at a [...]
Universal Copper Ltd. Considering current market conditions, the Company has terminated the non-brokered private placement of shares at a price of $0.035 per share and announces a new private placement of up to 48,000,000 units of the Company at a price per Unit of CDN $0.025, for gross proceeds of up to $1,200,000 . Each Unit will consist of one [...]
Universal Copper Ltd. is pleased to announce that it will proceed with a non-brokered private placement of up to 42,857,143 units of the Company at a price per Unit of CDN $0.035, for gross proceeds of up to $1,500,000. Each Unit will consist of one common share at $0.035 and one Common Share purchase warrant . Each Warrant entitles the holder to [...]
Universal Copper Ltd. has completed a comprehensive 3-Dimensional geological modelling initiative to establish the controls on the distribution of higher-grade mineralization at the Company's flagship Poplar Copper Deposit which will be used to direct ongoing exploration drilling at Poplar in 2023. This is the first time a 3D geological model has [...]
Universal Copper is pleased to report drill results from the remaining Spring 2022 diamond drilling program holes at the Company’s flagship Poplar Copper Deposit, located southwest of Houston. All drill targets in the Poplar copper-gold exploration district are shallow and road accessible, within 88 km of rail infrastructure. Hole 22-PC-138 [...]
Universal Copper is pleased to report drill results from the first three of five holes of the Spring 2022 diamond drilling program at the Company’s flagship Poplar Copper Deposit, located southwest of Houston. All drill targets in the Poplar copper-gold exploration district are shallow and road accessible, within 88 km of rail infrastructure. Hole [...]
Universal Copper is pleased to report it has completed the 2022 Phase I drilling program at the Company’s flagship Poplar Copper Project. Apex Diamond Drilling completed 1,983 m in five holes with all the holes being sawn in half top to bottom. Samples have been dispatched to the ALS Minerals prep lab in Kamloops for subsequent analysis at the main [...]