Northwire Canada EditionFriday, November 13, 2026
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Financings

Copper Giant arranges $10-million private placement

By The Northwire Desk — AI Analysis Dec 23, 2025 · 15:43 CGNT · 0.50 Copper Giant Resources Corp.
CGNT · Price

Executive Summary

  • Copper Giant Resources Corp. has announced a non-brokered private placement of units with aggregate gross proceeds of up to $10 million.
  • The offering includes a lead investment of $2 million from Frank Giustra.
  • 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.
  • Gross Proceeds: Up to $10 million.
  • Lead Investor: Frank Giustra with a lead order of $2 million.
  • Unit Price: 40 cents per unit.
  • Quantity: 25 million units.
  • Unit Composition: Each unit consists of one common share and one-half of one warrant.
  • Warrant Terms: Each whole warrant is exercisable to purchase one share at an exercise price of 60 cents per share.
  • Warrant Expiry: 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.
  • Finders' Fees: The company intends to pay cash finders' fees to eligible parties and may issue non-transferable finder warrants.

Notable Quotes

  • No direct quotes from management were included in the provided text.
Read the original news release →

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