Mr. Darryl Jones reports
ALPHA COPPER COMPLETES NON-BROKERED PRIVATE PLACEMENT FOR PROCEEDS OF $839,999.88
Alpha Copper Corp. has completed a non-brokered private placement (see news release dated Jan. 7, 2025), issuing a total of 6,999,999 units of the company at a price of 12 cents per unit for gross proceeds of $839,999.88. Each unit consisted of 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. The proceeds of the offering will be used for general working capital purposes and to satisfy existing property commitments and payables.
All securities issued pursuant to the offering are subject to a statutory hold period of four months and a day from issuance.
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.
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