Canadian Copper Inc. announced today several updates regarding its Murray Brook Project including the on-going metallurgical program, permitting activities, and the project financing status. Metallurgical Program Update The metallurgical testwork program was awarded to SGS Canada Inc. in Lakefield, Ontario on November 11th, 2025. This testwork is designed to further refine process plant operating costs and recovery [...]
Canadian Copper Inc. announces that it has closed its non-brokered private placement consisting of 75,000,000 units at a price of $0.20 per unit for gross proceeds of $15,000,000 previously announced on October 2nd, 2025. The Company would like to welcome strategic investor Stephens Investment Management LLC, founded by Mr. Paul H. Stephens, a leading figure in U.S. west coast asset management and investment banking for [...]
Canadian Copper Inc. announces today that it is electing to accelerate the expiry of outstanding common share purchase warrants of the Company originally issued under the financing completed on December 6, 2024 exercisable at C$0.225 per common share . If fully exercised, the Company would convert 3,056,637 warrants to common shares and receive up to $687,743. Simon Quick, CEO of Canadian Copper, stated, "Both precious [...]
Canadian Copper announces that it is increasing the previously announced private placement of 50,000,000 units at a price of $0.20 per unit for gross proceeds up to $10,000,000 by $5,000,000, for gross proceeds up to $15,000,000. The Upsized Private Placement would result in the issuance of up to 75,000,000 units. The Company has received commitments for the entire Upsized Private Placement, including a $2,000,000 [...]
Canadian Copper announces that it has initiated a non-brokered private placement of up to 50,000,000 units at a price of $0.20 per unit for gross proceeds up to $10,000,000. The Company has secured an initial lead order from strategic partner Ocean Partners Holdings Limited, an international metals trader of up to $8,000,000. Simon Quick, CEO of Canadian Copper, stated, "Junior mining companies need strong local [...]
Canadian Copper Inc. announced today additional modifications to the previously announced Raptor Resources Ltd. transaction. Raptor has requested an extension to September 30, 2025 to complete its qualifying transaction. The Company has granted this extension for an early payment fee of $22,500[1]. Turgeon Payment Summary The $225,0001 early exercise payment associated with the Turgeon Project Agreement was received [...]
Canadian Copper Inc. announces that it has secured a financial commitment from Ocean Partners UK Ltd. totaling C$6.0 million. The Backstop Financing will be in the form of either a market related equity subscription or debt or some combination thereof and based on the Company's overall financing requirements at the time of accessing the Backstop Financing. Proceeds from this transaction, if accessed by Company, will be [...]
HIGHLIGHTS1 After-tax base case NPV7% of C$171 M, IRR of 36%, and payback of 2 years using US$4.25/lb copper, US$1.30/lb zinc, US$27/oz silver, and US$1.10/lb lead price assumptions . Study economics supported by local vendor quotes for key areas including mine contracting, haul road construction, haulage from mine to process plant, concentrate trucking rates to Port of Belledune deepwater port, ocean freight rates, and [...]
Canadian Copper Inc. provides an update on its corporate activities related to its upcoming Caribou Complex Preliminary Economic Assessment and its on-going Murray Brook East exploration program. Combined Strategy PEA: Murray Brook Deposit & the Caribou Complex The Company is scheduled to publish the financial and annual production results of its Combined Strategy PEA this month of May 2025 as planned. The development [...]
Canadian Copper Inc. announces that it has closed its non-brokered, flow-through share offering consisting of 2,710,517 flow-through shares of the Company at a price of C$0.19 per FT Share for aggregate gross proceeds of $515,000. There were no warrants as part of this financing. Simon Quick, CEO of Canadian Copper, stated, "We would like to simultaneously thank and welcome a new small group of strategic shareholders to [...]
Canadian Copper Inc. announces that it has initiated a non-brokered, flow-through share offering of up to 2,631,580 flow-through shares of the Company at a price of C$0.19 per FT Share with each FT Share consisting of one common share of the Company that qualifies as a flow-through share as defined in section 66 of the Income Tax Act . The FT Offering is for aggregate gross proceeds of up to $500,000. Simon Quick, CEO of [...]
Canadian Copper Inc. announces voting results from the Company's Annual General and Special Meeting of the Shareholders held on February 18, 2025. A total of 29,365,354 common shares were voted, representing 28.71% of all outstanding common shares of the Company. A summary of the results of the election of the Company's directors is as follows: Item Voted Upon Votes For Votes Withheld/Against Number % Number % Election of [...]
