19:17:26 EDT Mon 22 Apr 2024
Enter Symbol
or Name

Northwest Copper Corp
Symbol NWST
Shares Issued 189,759,253
Close 2023-06-08 C$ 0.195
Market Cap C$ 37,003,054
Recent Sedar Documents

Northwest Copper files final prospectus

2023-06-08 15:02 ET - News Release

Mr. Mark O'Dea reports


Northwest Copper Corp. has filed and obtained a receipt for a final short form base shelf prospectus. The base shelf prospectus was filed with the securities regulatory authorities in each of the provinces and territories of Canada (other than Quebec).

The base shelf prospectus permits the company to make offerings of common shares, warrants, subscription receipts or units, or a combination thereof, up to an aggregate total of $50-million during the 25-month period that the base shelf prospectus remains effective, until July, 2025. Securities may be offered in amounts, at prices and on terms to be determined based on market conditions at the time of sale and set forth in one or more shelf prospectus supplements. Information regarding the use of proceeds from a sale of any securities will be included in the applicable prospectus supplements.

The base shelf prospectus, a normal course financing mechanism, provides the company with financial flexibility and the capability to access capital markets quickly, when available, to finance its continuing capital needs over the next two years. Among other things, the company may consider issuing securities using the base shelf prospectus to finance a potential 2023 exploration and drilling program on its Lorraine and Kwanika-Stardust projects in British Columbia.

Northwest Copper also continues to prioritize engagement with first nations and local communities to ensure its work is conducted in an environmentally and culturally respectful manner and to provide employment and economic opportunities through the exploration stages.

A copy of the base shelf prospectus is available on the company's issuer profile on SEDAR and may also be obtained by contacting the corporate secretary of the company via e-mail at info@northwestcopper.ca.

About Northwest Copper Corp.

Northwest Copper is a new copper-gold explorer and developer with an exciting pipeline of projects in British Columbia. With a robust portfolio in a Tier 1 jurisdiction, Northwest Copper is well positioned to participate fully in a strengthening global copper market. The company is committed to responsible mineral exploration, which involves working collaboratively with first nations to ensure future development incorporates stewardship best practices and respects traditional land use.

We seek Safe Harbor.

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