COPPER GIANT ANNOUNCES NON-BROKERED PRIVATE PLACEMENT OF UNITS

Executive Summary

• Copper Giant Resources Corp. announced a non‑brokered private placement of up to 25 million units for aggregate gross proceeds of up to $10 million at $0.40 per unit.
• Each unit consists of one common share and half of one warrant; full warrants are exercisable at C$0.60 per share for a 36‑month period.
• Net proceeds will be used for working capital and general corporate purposes; the offering is subject to TSX Venture Exchange approval and statutory hold periods.

Key Details

• Units Offered: 25,000,000 units at $0.40 per unit (gross proceeds up to $10 M).
• Composition of Each Unit: 1 common share + ½ warrant (2 halves = 1 full warrant).
• Warrant Terms: Exercise price C$0.60 per share; exercisable for 36 months from closing date.
• Lead Order: Frank Giustra committed $2,000,000 of the placement.
• Regulatory Conditions: Completion subject to TSX Venture Exchange approval; securities subject to a four‑month‑and‑one‑day statutory hold period.
• Finder’s Compensation: Company may pay cash finders’ fees and issue non‑transferable finders’ warrants to eligible parties.
• Use of Proceeds: Working capital and general corporate purposes.
• Legal Disclaimer: Units are not registered under the U.S. Securities Act of 1933 and cannot be offered or sold in the United States absent registration or exemption.

Notable Quotes

(No direct quotes were provided in the release.)