Kutcho Copper arranges $1-million FT financing

Executive Summary

• Kutcho Copper Corp. announced a non‑brokered private placement to raise up to $1,000,000 through the sale of 5,882,353 flow‑through units at $0.17 per unit.
• Each unit consists of one flow‑through share and half of a transferable common‑share purchase warrant exercisable at $0.25 for 24 months after closing.
• Proceeds will be used to fund exploration on the Kutcho copper‑zinc property in British Columbia, qualifying as Canadian Exploration Expense (CEE) and Flow‑Through Critical Mineral Mining Expenditure (FT‑CMME).

Key Details

• Units Offered: Up to 5,882,353 flow‑through units.
• Price per Unit: $0.17, for total gross proceeds of $1,000,000.
• Unit Composition:
• 1 flow‑through share (common share qualifying under the Canadian Income Tax Act).
• ½ transferable common‑share purchase warrant.
• Warrant Terms: Exercise price $0.25 per common share; exercisable for 24 months from closing date.
• Use of Proceeds: Exploration expenses on the Kutcho copper‑zinc property, to be incurred by Dec 31 2026 and renounced no later than Dec 31 2025.
• Closing Conditions: Subject to TSX Venture Exchange approval; possible finder’s fees permitted under TSX‑V policy.
• Hold Period: All securities issued will have a hold period of four months and one day from issuance.

Notable Quotes

(No quotes provided in the release.)