Cascade Copper Announces Critical Mineral Flow-Through and Non-Flow-Through Financing

Executive Summary

• Cascade Copper Corp. announced a non‑brokered private placement to raise up to CDN $600,000 for its early‑2026 exploration programs.
• The offering consists of flow‑through units (FT Units) at $0.04 per unit and non‑flow‑through units (NFT Units) at $0.035 per unit, each including a share and half a warrant exercisable at $0.05 for 36 months.
• Proceeds will primarily fund eligible critical‑minerals exploration expenses and drilling in British Columbia and Ontario, with remaining funds covering general operating costs.

Key Details

• Total Target Gross Proceeds: Up to CDN $600,000.
• Flow‑Through Component (FT Units):
• Price: $0.04 per FT Unit.
• Composition: 1 flow‑through common share + ½ non‑flow‑through warrant (full warrant exercisable for one common share at $0.05).
• Non‑Flow‑Through Component (NFT Units):
• Price: $0.035 per NFT Unit.
• Composition: 1 common share + ½ non‑flow‑through warrant (full warrant exercisable for one common share at $0.05).
• Warrant Terms: Exercise price $0.05; term of 36 months from closing.
• Use of Proceeds:
• FT proceeds → eligible Critical Mineral Canadian Exploration Expenses, primarily drilling on BC and Ontario projects.
• NFT proceeds → general operating expenses.
• Closing Schedule: Offering to close in tranches; first tranche expected by late December 2025, subject to regulatory approvals (including CSE approval).
• Qualifying Expenditures: Company will renounce qualifying expenditures for FY ending Dec 31 2025 and incur them by Dec 31 2026 per regulations.
• Finder’s Fees & Warrants: Up to 8% of aggregate gross proceeds may be paid as finder’s fees and additional warrants, in compliance with securities laws and CSE policies.
• Exemptions Utilized:
• Existing Shareholder Exemption – limited to $15,000 per shareholder over a 12‑month period unless proper advice obtained.
• Investment Dealer Exemption – offering also available to certain subscribers under B.C. Instrument 45‑536.
• Hold Period: All securities issued will be subject to a four‑month hold period from the closing date under Canadian securities law, plus any other applicable restrictions.

Notable Quotes

(No direct quotes were provided in the release.)