05:55:48 EDT Fri 09 May 2025
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save
Alpha Copper Corp (3)
Symbol ALCU
Shares Issued 9,491,034
Close 2024-11-22 C$ 0.125
Market Cap C$ 1,186,379
Recent Sedar Documents

Alpha Copper arranges $405,000 private placement

2024-11-22 17:03 ET - News Release

Mr. Darryl Jones reports

ALPHA COPPER ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

Alpha Copper Corp. intends to conduct a non-brokered private placement of up to 4.5 million units of the company at a price of nine cents per unit for gross proceeds of up to $405,000.

Each unit will comprise one common share of the company and one common share purchase warrant, with each warrant exercisable to acquire one common share of the company at a price of 12 cents per share for a period of 24 months from the date of issuance. All securities issued in connection with the offering will be subject to a statutory hold period of four months and one day. The company may pay finders' fees in connection with the offering in accordance with applicable securities laws and the policies of the Canadian Securities Exchange. Completion of the offering is subject to customary conditions and the receipt of all necessary approvals.

The company intends to use the net proceeds of the offering for general working capital purposes and to satisfy existing property commitments and payables.

About Alpha Copper Corp.

Alpha Copper is focused on contributing to the green economy by finding and developing copper resource assets in stable jurisdictions. The company is positioned to earn a 60-per-cent interest in the Indata copper-gold project, located in northern-central British Columbia. After the acquisition of Cavu Energy Metals, the company has acquired 100 per cent of the Star copper-gold porphyry project in the Golden Triangle of British Columbia as well as the 100-per-cent owned Quesnel project in the middle of the Quesnel Trough, host to a number of alkalic copper-gold porphyry deposits running northwest across western British Columbia. The company also holds a 100-per-cent interest in the Okeover copper-molybdenum project north of Powell River.

We seek Safe Harbor.

© 2025 Canjex Publishing Ltd. All rights reserved.