Financings
Copper Road arranges $750,000 private placement

CRD · Price
Executive Summary
- Copper Road Resources Inc. has arranged a non-brokered private placement for gross proceeds of up to $750,000, consisting of hard dollar common share units and flow-through common share units.
- The offering includes 3,333,333 common share units at 4.5 cents per unit ($150,000) and 13,333,333 flow-through units at 45 cents per unit ($600,000).
- Proceeds will be used for exploration of the Ben Nevis project (via flow-through shares), property payments on the Ben Nevis project, and general working capital.
Key Details
- Total Gross Proceeds: Up to $750,000.
- Hard Dollar Units:
- Quantity: Up to 3,333,333 common share units.
- Price: 4.5 cents per unit.
- Gross Proceeds: Up to $150,000.
- Flow-Through Units (FT Units):
- Quantity: Up to 13,333,333 flow-through units.
- Price: 45 cents per unit.
- Gross Proceeds: Up to $600,000.
- Unit Composition: Each unit (both hard dollar and flow-through) consists of one common share and one common share purchase warrant.
- Warrant Terms:
- Exercise Price: 5 cents per common share.
- Expiration: 18 months after the date of issuance.
- Use of Proceeds:
- FT Share Proceeds: To incur eligible Canadian exploration expenses (flow-through mining expenditures) for the Ben Nevis project; expenditures renounced to subscribers effective Dec. 31, 2025.
- General Proceeds: Property payments on the Ben Nevis project and general working capital.
- Regulatory/Transaction Details:
- Finders' fees may be paid to eligible finders.
- Insiders may participate, constituting a related party transaction under MI 61-101.
- Company intends to rely on exemptions from valuation and minority shareholder approval requirements of MI 61-101 (sections 5.5(a) and 5.7(1)(a)) as insider acquisition value will not exceed 25% of market capitalization.
- Hold Period: Four months and one day after issuance.
- Regulatory Approval: Subject to TSX Venture Exchange approval.
- First Closing: Anticipated on or about Dec. 22, 2025.
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May 27, 2026 · 09:25