Northwire Canada EditionThursday, October 15, 2026
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Financings

King Copper Discovery arranges $15-million financing

By The Northwire Desk — AI Analysis Jan 08, 2026 · 18:07 KCP · 0.98 King Copper Discovery Corp.
KCP · Price

Executive Summary

  • King Copper Discovery Corp. announced a proposed non-brokered private placement of 25 million units at $0.60 per unit, targeting gross proceeds of up to $15 million.
  • Each unit consists of one common share and one share purchase warrant exercisable at $0.98 for a period of two years.
  • The proceeds are designated for general working capital and the assessment of copper exploration and development opportunities in South America.

Key Details

  • Transaction Structure: Non-brokered private placement.
  • Units Offered: 25,000,000 units.
  • Price Per Unit: $0.60 CAD.
  • Gross Proceeds: Up to $15,000,000.
  • Warrant Terms: Each unit includes one share purchase warrant exercisable at $0.98 per share for two years.
  • Hold Period: All securities are subject to a statutory four-month hold period.
  • Expected Closing Date: January 15, 2026.
  • Use of Proceeds: General working capital and continuing assessment/evaluation of multiple copper exploration and development opportunities within South America.
  • Conditions Precedent: Closing is subject to various conditions, including approval of the TSX Venture Exchange.
  • Fees: Finders' fees may be payable on the transaction.
Read the original news release →

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King Copper closes $15-million private placement

Financings Jan 19, 2026 · 17:13

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Financings