21:59:50 EDT Wed 10 Jun 2026
Enter Symbol
or Name
USA
CA



District Copper Corp (2)
Symbol DCOP
Shares Issued 42,307,495
Close 2026-06-10 C$ 0.075
Market Cap C$ 3,173,062
Recent Sedar+ Documents

District Copper closes $232,000 private placement

2026-06-10 19:59 ET - News Release

Mr. Jevin Werbes reports

DISTRICT COPPER ANNOUNCES CLOSING OF PRIVATE PLACEMENT

District Copper Corp. has closed its private placement financing, as previously announced on May 27, 2026, raising gross proceeds of up to $232,000 through the issuance of 2.32 million units at a price of 10 cents per unit. Each unit will consist of one flow-through common share and one-half of one transferable share purchase warrant, with each whole warrant being exercisable at a price of 15 cents for period of two years from the date of issuance. In circumstances where, at any time after the expiry of the four-month hold period, the issuer's stock trades at 25 cents or greater for 20 consecutive trading days, the issuer may give notice accelerating the expiry date of the exercise period of the warrants to that date that is 10 days from the date of such notice.

The company paid a cash finder's fee of $14,000 and issued 140,000 finder's warrants to EMD Financial Inc.

The securities issued in connection with the private placement are be subject to a regulatory four-month hold period ending on Oct. 11, 2026.

The funds will be used to advance the company's 100-per-cent-owned Copper Keg project in British Columbia.

About District Copper Corp.

District Copper is a Canadian company engaged in the exploration for porphyry copper deposits in south-central British Columbia.

We seek Safe Harbor.

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