Cascade Copper Closes Private Placement, Raises CAD 686,451 via Over 11 Million Units
UNTC•Cascade Copper Corp closed the final tranche of its private placement, raising CAD 334,006 in the second tranche for total gross proceeds of CAD 686,451. The offering issued 5.36 million flow-through units at CAD 0.07 and 5.66 million non-flow-through units at CAD 0.055, each with warrants exercisable at CAD 0.10 for 36 months.
1. Financing Closed
Cascade Copper Corp completed the second and final tranche of its non-brokered private placement, raising CAD 334,006.22 and bringing aggregate gross proceeds to CAD 686,451.14 from both tranches.
2. Unit Allocation
The offering comprised 5,357,446 flow-through units priced at CAD 0.07 and 5,662,362 non-flow-through units priced at CAD 0.055, each unit including one common share and one-half common share purchase warrant.
3. Warrant Terms
Each full warrant entitles the holder to acquire one common share at CAD 0.10 per share, exercisable for 36 months from the closing date of the applicable tranche.
