Financings
Copper Giant closes $12-million private placement

CGNT · Price
Executive Summary
- Copper Giant Resources Corp. has closed its previously announced non-brokered private placement, raising aggregate gross proceeds of $12 million.
- The company issued 30 million units at a price of $0.40 per unit, with net proceeds allocated for working capital and general corporate purposes.
- The transaction involved significant insider participation (5.5 million units) and the payment of substantial finders' fees in both cash and non-transferable warrants.
Key Details
- Gross Proceeds: $12,000,000.
- Units Issued: 30,000,000 units.
- Price Per Unit: $0.40.
- Unit Composition: Each unit consists of one common share and one-half of one common share purchase warrant.
- Warrant Terms: Each warrant is exercisable to acquire one common share at an exercise price of $0.60 per share.
- Warrant Expiration: January 14, 2029.
- Statutory Hold Period: Securities are subject to a hold period expiring on May 15, 2026.
- Use of Proceeds: Working capital and general corporate purposes.
- Finder’s Fees (Cash): Total aggregate cash fees of $585,450 paid to eligible parties, including:
- Integrity Capital Group: $418,299
- Red Cloud Securities Inc.: $99,060
- Canaccord Genuity Corp.: $45,240
- Haywood Securities Inc.: $19,431
- Research Capital Corp.: $360
- Ventum Financial Corp.: $3,060
- Finder’s Warrants Issued: Total of 1,463,625 non-transferable finder warrants issued, including:
- Integrity Capital Group: 1,215,975 warrants
- Red Cloud Securities Inc.: 247,650 warrants
- Finder Warrant Terms: Exercisable to purchase one common share at $0.60 per share until January 14, 2029.
- Insider Participation: Insiders acquired an aggregate of 5,500,000 units.
- Regulatory Status: The issuance to insiders is exempt from formal valuation and minority shareholder approval requirements under Multilateral Instrument 61-101. No change of control occurred.
- Exchange Approval: The offering remains subject to final acceptance by the TSX Venture Exchange.
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Jun 22, 2026 · 07:30