Northwire Canada EditionTuesday, July 28, 2026
Northwire
LUG 81.27 +2.4% ETG 2.65 +1.1% ARIC 0.860 +2.4% ABC 0.020 +0.0% WEC 0.010 +0.0% NTB 0.020 +0.0% URC 3.83 −8.2% BEX 0.085 +6.2% SUM 1.32 +0.0% FMN 0.270 +10.2% PHNM 0.405 +12.5% HDRO 1.11 −6.7% PWM 0.620 −1.6% LIO 0.155 +10.7% NTH 0.160 +1.6% ELEF 0.120 −4.0% LUG 81.27 +2.4% ETG 2.65 +1.1% ARIC 0.860 +2.4% ABC 0.020 +0.0% WEC 0.010 +0.0% NTB 0.020 +0.0% URC 3.83 −8.2% BEX 0.085 +6.2% SUM 1.32 +0.0% FMN 0.270 +10.2% PHNM 0.405 +12.5% HDRO 1.11 −6.7% PWM 0.620 −1.6% LIO 0.155 +10.7% NTH 0.160 +1.6% ELEF 0.120 −4.0%
Financings

Super Copper Announces Upsize of Brokered LIFE Financing to $10 Million

CUPR · Price

Executive Summary

  • Super Copper Corp. upsized its previously announced brokered financing from $6 M to $10 M, issuing up to 13,333,333 units at $0.75 per unit.
  • Each unit consists of one common share and one warrant (Series A or Series B) with exercise price $1.15; agents receive 6% cash commission plus broker warrants equal to 6% of units sold.
  • Net proceeds are earmarked for advancing the Cordillera Cobre and Castilla copper projects in Chile (drill‑ready work, magnetics/IP surveys, maiden drilling) and for general corporate and investor‑relations expenses.

Key Details

  • Offering Size: Increased to $10 M (up from $6 M).
  • Units Offered: Up to 13,333,333 units at $0.75 per unit.
  • Unit Composition: 1 common share + 1 warrant.
  • Warrant Structure:
  • Series A Warrants – up to 6,666,666 units; exercisable at $1.15 per share for 36 months post‑closing.
  • Series B Warrants – up to 6,666,667 units; exercisable at $1.15 per share starting 61 days after closing and lasting 36 months.
  • Agents: A.G.P. Canada Investments ULC (lead agent/sole bookrunner) and Baader Bank AG.
  • Agent Compensation: Cash commission of 6.0% of gross proceeds plus non‑transferable broker warrants representing 6.0% of units sold, each warrant exercisable at $1.15 for 36 months.
  • Use of Proceeds:
  • Advance Cordillera Cobre and Castilla projects toward drill‑ready status.
  • Complete property‑wide magnetics and Induced Polarization (IP) surveys at Castilla to map IOCG targets and sulfide zones.
  • Execute maiden and follow‑up drilling program at Cordillera Cobre.
  • General and administrative expenses, including additional marketing and investor‑relations services.
  • Closing Date: Expected on or about March 6 2026, or within 45 days of the release, subject to customary conditions and CSE approvals.
  • Regulatory Exemptions: Offered under NI 45‑106 listed issuer financing exemption in Alberta, BC, Saskatchewan, Ontario; U.S. investors via Rule 506(b) of Reg D; offshore jurisdictions as applicable.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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