US Copper Corp Proposes $750,000 Non-Brokered Private Placement

Executive Summary

• US Copper Corp announces a non‑brokered private placement of up to 7,500,000 units for aggregate gross proceeds of up to $750,000.
• Each unit consists of one common share and one warrant; warrants allow purchase of an additional share at $0.15 per share for two years after closing.
• All securities will be subject to a four‑month hold period and the offering is pending regulatory and TSX Venture Exchange approvals.

Key Details

• Offering Size: Up to 7,500,000 units at $0.10 per unit, total gross proceeds up to $750,000.
• Unit Composition: 1 common share + 1 warrant per unit.
• Warrant Terms: Each warrant permits purchase of one additional common share at $0.15 per share, exercisable anytime within 2 years after closing.
• Hold Period: All securities issued will be subject to a four‑month hold period before they may be resold.
• Use of Proceeds: Funds are earmarked for general working capital purposes.
• Regulatory Conditions: Completion contingent upon receipt of all required approvals from regulators and the TSX Venture Exchange.

Notable Quotes

(No CEO/President quotes were included in the release.)