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Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8% Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8%
Financings Routine +

Cascade Copper Closes Final Tranche Of Critical Mineral Flow-Through And Non-Flow-Through Financing

Early-stage Canadian explorer advancing maiden drilling at Centrefire while securing incremental capital to fund 2026 programs.

By The Northwire Desk — AI Analysis Jun 19, 2026 · 16:35 CASC · 0.055 Cascade Copper Corp.
Executive Summary
  • Cascade Copper Corp. closed the second and final tranche of its non-brokered private placement.
  • Total aggregate gross proceeds reached CDN$686,451.14, combining the first tranche ($352,444.92) and this final tranche ($334,006.22).
  • The offering comprised 5,357,446 Critical Minerals Flow-Through Units priced at $0.07 and 5,662,362 Non-Flow-Through Units priced at $0.055.
  • Proceeds are designated primarily for drilling and exploration at the company's British Columbia and Ontario projects, with remaining funds allocated to general corporate and working capital.
  • Post-closing share count stands at 75,884,305 common shares.
  • Each unit includes one-half common share purchase warrant exercisable at $0.10 per share for 36 months.
  • Finder compensation of CDN$28,254.50 in cash plus 435,794 finder warrants was paid.
  • Insiders participated in the first tranche, classified as a related-party transaction under MI 61-101 exemptions.
Material Impact
  • The financing is a direct follow-up to the May 14/15, 2026 announcements for an $800,000 placement. The market anticipated this closing as part of the phased capital raise.
  • Raising ~$686,000 provides necessary working capital and exploration funding, extending the company's operational runway into late 2026.
  • The pricing ($0.07 FT / $0.055 NFT) trades slightly above the recent $0.04-$0.06 consolidation range, indicating modest investor demand or a premium for flow-through tax benefits.
  • Dilution is present (~11 million new shares/warrants issued), but this is standard and expected for an exploration-stage company with zero revenue.
  • The closing does not trigger an immediate operational catalyst; it simply funds the already-announced drilling mobilization at Centrefire, which began in mid-June 2026.
CASC · Price
Company Overview
  • Cascade Copper Corp. is a Canadian junior exploration company focused on early-stage copper and gold projects in British Columbia and Ontario.
  • Key assets include the Centrefire Copper-Gold Project (Ontario), Fire Mountain Porphyry Project (BC), Copper Plateau Porphyry Project (BC), and Bendor Gold-Tungsten Project.
  • The company is in the exploration phase, with no revenue, no known mineral resources or reserves, and is advancing projects through geophysical modeling, surface sampling, and maiden drilling programs.
  • Strategy relies on AI-driven targeting, drone magnetics, and VTEM surveys to de-risk targets before drilling.
Read the original news release →

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Jun 23, 2026 · 08:25

Early-stage copper-gold explorer advances maiden drilling at Centrefire following $686K financing.

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