- CopAur Minerals (CPAU) has announced a non-brokered private placement to raise gross proceeds of up to $2,000,000
- The company will issue up to 4,000,000 units for $0.50 per unit
- Proceeds will be used to complete the expenditure requirements to earn an initial 50.01 per cent interest in the Bolo Gold-Silver project in Nevada
- CopAur Minerals is an exploration company focused on developing projects in Nevada and British Columbia
- Copaur Minerals Inc. (CPAU) opened trading at C$0.53
CopAur Minerals (CPAU) has announced a non-brokered private placement to raise gross proceeds of up to $2,000,000.
The company will issue up to 4,000,000 units for $0.50 per unit. Each unit consists of one common share and one-half of one share purchase warrant. Each whole warrant will entitle the holder to acquire an additional share at a price of $0.75 for a period of two years from the closing date of the private placement.
Partial proceeds of the private placement will be used to complete the expenditure requirements to earn an initial 50.01 per cent interest in the Bolo Gold-Silver project, located in Nye County, Nevada. The company has the opportunity to increase its ownership to 75 per cent by completing the additional $4,000,000 of expenditures over the next two years.
Additional funds may be raised to advance the company’s 79.99 per cent interest in its flagship Kinsley Mountain project, located in Nevada.
CopAur Minerals is an exploration company focused on developing projects within the mineral-rich mining regions of Nevada and British Columbia.
Copaur Minerals Inc. (CPAU) opened trading at C$0.53.