- NorthWest Copper Corp. (NWST) has announced a non-brokered private placement for gross proceeds of up to $2,500,000
- The company will issue up to 10,869,566 units at a price of $0.23 per unit
- Proceeds will be used to fund general working capital purposes and exploration of the company’s portfolio of projects
- NorthWest Copper is a new copper-gold explorer and developer with projects in B.C.
- Northwest Copper Corp. (NWST) opened trading at C$0.245
NorthWest Copper Corp. (NWST) has announced a non-brokered private placement financing for gross proceeds of up to $2,500,000.
Under the offering, the company will issue up to 10,869,566 units at a price of $0.23 per unit. Each unit consists of one common share and one-half of one non-transferable share purchase warrant. Each whole warrant is exercisable to purchase one additional common share for a period of 2 years at a price of $0.30.
Proceeds will be used to fund general working capital purposes and exploration of the company’s portfolio of projects, including the Lorraine property.
All securities issued are subject to an acceleration clause.
NorthWest Copper is a new copper-gold explorer and developer with a pipeline of projects in British Columbia.
Northwest Copper Corp. (NWST) opened trading at C$0.245.
