Northwire Canada EditionTuesday, November 10, 2026
Northwire
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Gold 4,057.70 −1.4% Silver 51.94 −1.4% Copper 6.28 −1.0% Oil 85.37 −1.7% Palladium 1,029.75 +0.8% COPR 0.390 +4.0% WSK 0.170 +0.0% GAL 0.365 −4.0% VCG 1.05 +2.9% LVX 0.270 −20.6% RAMP 0.270 +0.0% QTWO 1.81 +12.4% SUM 1.30 −1.5% SGML 7.96 −4.7% BOGO 0.750 −5.1% SGC 0.095 +0.0% MANU 0.150 +0.0% GMA 0.200 +0.0% ONAU 0.475 +0.0% TGOL 0.130 +0.0% MD 0.290 −9.4% Gold 4,057.70 −1.4% Silver 51.94 −1.4% Copper 6.28 −1.0% Oil 85.37 −1.7% Palladium 1,029.75 +0.8% COPR 0.390 +4.0% WSK 0.170 +0.0% GAL 0.365 −4.0% VCG 1.05 +2.9% LVX 0.270 −20.6% RAMP 0.270 +0.0% QTWO 1.81 +12.4% SUM 1.30 −1.5% SGML 7.96 −4.7% BOGO 0.750 −5.1% SGC 0.095 +0.0% MANU 0.150 +0.0% GMA 0.200 +0.0% ONAU 0.475 +0.0% TGOL 0.130 +0.0% MD 0.290 −9.4%
Financings

Super Copper increases offering to $10-million

CUPR · Price

Executive Summary

  • Super Copper Corp. has upsized its previously announced brokered life financing from $6 million to $10 million due to strong investor demand.
  • The company is issuing up to 13,333,333 units at a price of $0.75 per unit, with proceeds intended to advance its Chilean copper projects (Cordillera Cobre and Castilla) toward drill-ready status.
  • The offering is being conducted on a best-efforts basis by A.G.P. Canada Investments ULC and Baader Bank AG, with an expected closing date on or about March 6, 2026.

Key Details

  • Offering Size: Upsized to $10 million (increased from $6 million).
  • Units Issued: Up to 13,333,333 units.
  • Price Per Unit: $0.75.
  • Structure: Each unit consists of one common share and one share purchase warrant.
  • Warrant Breakdown:
    • Up to 6,666,666 units comprise Series A warrants.
    • Up to 6,666,667 units comprise Series B warrants.
  • Warrant Terms:
    • Series A: Entitles holder to acquire one common share at $1.15 per share for 36 months following closing.
    • Series B: Entitles holder to acquire one common share at $1.15 per share from 61 days after closing until 36 months after closing.
  • Agents: A.G.P. Canada Investments ULC (lead agent and sole bookrunner) and Baader Bank AG.
  • Commission: Agents receive a cash commission of 6.0% of gross proceeds.
  • Agent Warrants: Company will issue non-transferable warrants representing 6.0% of the aggregate number of units sold. Each broker warrant entitles the holder to purchase one share at $1.15 for 36 months from closing.
  • Regulatory Basis: Listed issuer financing exemption under Part 5A of National Instrument 45-106, as amended by Coordinated Blanket Order 45-935.
  • Resale Restrictions: Units issued to Canadian residents are not subject to resale restrictions.
  • Use of Proceeds:
    • Advance Cordillera Cobre and Castilla projects toward drill-ready status.
    • Complete property-wide magnetics and induced polarization (IP) survey at Castilla project to map IOCG targets and sulphide concentrations.
    • Complete maiden and follow-up drilling program at Cordillera Cobre.
    • General and administrative expenditures, including marketing and investor relations services.
  • Closing Date: Expected on or about March 6, 2026, or within 45 days from the date of the release.
  • Conditions: Subject to necessary approvals and compliance with Canadian Securities Exchange (CSE) policies.

Notable Quotes

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

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