Northwire Canada EditionTuesday, July 28, 2026
Northwire
MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0% SCD 0.170 +1.5% SRC 1.75 −2.8% FOXT 0.155 +0.0% TG 0.180 −2.7% NOBL 0.100 −4.8% MGG 0.300 +0.0% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0% SCD 0.170 +1.5% SRC 1.75 −2.8% FOXT 0.155 +0.0% TG 0.180 −2.7% NOBL 0.100 −4.8% MGG 0.300 +0.0%
Financings

Kutcho Copper Announces $1,000,000 Flow-Through Financing

KC · Price

Executive Summary

  • Kutcho Copper Corp. announced a non‑brokered private placement of up to 5,882,353 flow‑through units (FT Units) at $0.17 per unit, targeting gross proceeds of $1,000,000.
  • Each FT Unit consists of one flow‑through share and half of a common‑share purchase warrant exercisable at $0.25 for 24 months.
  • Proceeds are earmarked for exploration on the Kutcho copper‑zinc property in British Columbia, to be incurred by 31 Dec 2026 and renounced by 31 Dec 2025.

Key Details

  • Units Offered: Up to 5,882,353 FT Units
  • Price per Unit: $0.17 (gross proceeds of $1,000,000)
  • Composition of Each FT Unit:
  • 1 flow‑through share (FT Share) – qualifies as a “flow‑through share” under the Canadian Income Tax Act.
  • ½ transferable common‑share purchase warrant; each whole warrant exercisable at $0.25 per common share, valid for 24 months from closing.
  • Use of Proceeds: Exploration expenses on the Kutcho copper‑zinc property (Canadian exploration expense and flow‑through critical mineral mining expenditure) to be incurred on or before 31 Dec 2026; renunciation to occur no later than 31 Dec 2025.
  • Closing Conditions: Subject to TSX Venture Exchange approval; securities will have a hold period of four months plus one day.
  • Finder’s Fees: May be paid in accordance with TSX Venture Exchange policy and applicable securities laws.
  • Regulatory Notices: Units are not registered under the U.S. Securities Act and may not be offered or sold in the United States or to U.S. persons absent an exemption.

Notable Quotes

“We are pleased to secure this financing, which will enable us to advance our exploration program at Kutcho and continue building value for our shareholders.” – Vince Sorace, President & CEO, Kutcho Copper Corp.

Read the original news release →

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