Northwire Canada EditionFriday, November 13, 2026
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Financings

COPPER GIANT ANNOUNCES UPSIZE OF NON-BROKERED PRIVATE PLACEMENT OF UNITS TO $12M

By The Northwire Desk — AI Analysis Dec 23, 2025 · 17:52 CGNT · 0.49 Copper Giant Resources Corp.
CGNT · Price

Executive Summary

  • Copper Giant Resources Corp. has upsized its previously announced non-brokered private placement of units from $10 million to $12 million.
  • The offering consists of 30,000,000 units priced at $0.40 per unit, generating gross proceeds of $12,000,000.
  • Proceeds are intended for working capital and general corporate purposes, subject to TSX Venture Exchange approval.

Key Details

  • Transaction Structure: Non-brokered private placement of units.
  • Quantity: 30,000,000 Units.
  • Price: $0.40 per Unit.
  • Gross Proceeds: $12,000,000.
  • Unit Composition: Each Unit consists of one common share and one-half of one warrant (each full warrant exercisable for one share).
  • Warrant Terms:
    • Exercise Price: C$0.60 per share.
    • Duration: 36 months from the closing date.
  • Use of Proceeds: Working capital and general corporate purposes.
  • Regulatory Status: Completion is subject to approval by the TSX Venture Exchange.
  • Hold Period: All securities issued are subject to a four-month-and-one-day statutory hold period.
  • Fees: The Company intends to pay finders' fees in cash to eligible parties and may issue non-transferable finders' warrants.

Notable Quotes

  • No direct quotes from the CEO or President were included in the text of this release.
Read the original news release →

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