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 seven million units of the company at a price of 12 cents per unit for gross
proceeds of up to $840,000.
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 16 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.
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