Copper Road Resources Inc. has successfully closed the second and final tranche of its non-brokered private placement, raising $539,640 in gross proceeds. The offering included a total of 12,393,389 units at various prices, including flow-through units and hard-dollar units. The funds raised from the sale of flow-through units will be used for exploration expenses on the Ben Nevis Project or other Ontario properties. A director of the company subscribed for 1,111,111 flow-through units, constituting a related party transaction. Regulatory approval is pending, and the securities issued will be subject to a statutory hold period. The company will pay a cash commission to finders and issue finder warrants as part of the agreement. The press release issued by the company on December 29, 2025, contained inaccuracies regarding the offering price per unit. The securities offered have not been registered under U.S. securities laws and may not be offered or sold in the United States.
Read more at GlobeNewswire: Copper Road Announces Closing of Second Tranche of
