Northwire Canada EditionFriday, November 13, 2026
Northwire
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Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2% Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2%
Financings

Copper Road Announces Amendments to Financing

CRD · Price

Executive Summary

  • Copper Road Resources Inc. amended its non‑brokered private placement, now offering up to 8,747,500 common share units at $0.04 each (gross proceeds ≈ $349,900) and 13,333,333 flow‑through units at $0.045 each (gross proceeds ≈ $600,000).
  • Proceeds from the flow‑through units will be used for eligible Canadian exploration expenses on the Ben Nevis Project and other Ontario properties; proceeds from the common share units will fund property payments on Ben Nevis and general working capital.
  • The offering may close in multiple tranches with the first expected around December 22, 2025, subject to regulatory approvals and a four‑month hold period on the securities.

Key Details

  • Units Offered: 8,747,500 common share units @ $0.04 per unit → up to $349,900 gross proceeds.
  • Flow‑Through Units (FT Units): 13,333,333 FT units @ $0.045 per unit → up to $600,000 gross proceeds.
  • Unit Composition: Each Unit = 1 common share + 1 common share purchase warrant (exercise price $0.05, exercisable for 18 months).
  • FT Unit Composition: Each FT Unit = 1 flow‑through share + 1 warrant (same terms as above).
  • Use of Proceeds – FT Units: Eligible Canadian exploration expenses qualifying as “flow‑through critical mineral mining expenditures” on the Ben Nevis Project and other Ontario properties; expenses to be renounced to subscribers by Dec 31, 2025.
  • Use of Proceeds – Common Share Units: Property payments for the Ben Nevis Project and general working capital.
  • Finder’s Fees: Company may pay eligible finders in connection with the offering.
  • Related‑Party Participation: Insiders may participate; transaction qualifies for exemption under MI 61‑101 (fair market value ≤ 25 % of market cap).
  • Hold Period: All securities subject to a hold period expiring four months and one day after issuance.
  • Closing Timeline: Offering may close in one or more tranches; first tranche anticipated on or about December 22, 2025.
  • Regulatory Conditions: Completion contingent upon TSX Venture Exchange approval and other required regulatory approvals.
  • U.S. Securities Law Disclaimer: Securities not registered under U.S. law; cannot be offered/sold in the United States absent exemption.

Notable Quotes

  • “The amendment to our private placement reflects strong investor interest and provides us with the capital needed to advance exploration at Ben Nevis while maintaining flexibility for future growth,” – Brian Howlett, CPA, President & CEO.
Read the original news release →

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