Northwire Canada EditionFriday, November 13, 2026
Northwire
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Gold 3,878.70 −0.2% Silver 48.81 −2.5% Copper 6.08 −1.9% Oil 88.78 +0.1% Palladium 1,001.00 +1.0% BMR 0.165 +0.0% CLV 0.120 + VUL 0.360 −5.3% LUNR 16.04 −0.8% XTG 2.08 +4.0% RUA 1.06 −3.6% TUF 0.610 −1.6% NEXG 1.12 −1.8% ELEF 0.275 −1.8% LVG 0.345 +1.5% BBB 0.510 +2.0% NGC 0.055 −8.3% ABRA 10.51 −2.5% OBUL 0.345 +0.0% MKO 10.53 −2.7% SGML 7.31 +3.2% Gold 3,878.70 −0.2% Silver 48.81 −2.5% Copper 6.08 −1.9% Oil 88.78 +0.1% Palladium 1,001.00 +1.0% BMR 0.165 +0.0% CLV 0.120 + VUL 0.360 −5.3% LUNR 16.04 −0.8% XTG 2.08 +4.0% RUA 1.06 −3.6% TUF 0.610 −1.6% NEXG 1.12 −1.8% ELEF 0.275 −1.8% LVG 0.345 +1.5% BBB 0.510 +2.0% NGC 0.055 −8.3% ABRA 10.51 −2.5% OBUL 0.345 +0.0% MKO 10.53 −2.7% SGML 7.31 +3.2%
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.
Read the original news release →

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