Alpha Copper Corporate Update
VANCOUVER, British Columbia, January 7, 2022, Alpha Copper Corp. (“Alpha” or the “Company”) (CSE: ALCU) is pleased to announce that Sean Charland has been appointed as a director of Alpha. Mr. Charland is a seasoned communications professional with experience in raising capital and marketing resource exploration companies. His network of contacts within the financial community extends across North America and Europe. Additionally, Alpha is pleased to announce that Daryn Gordon has been appointed as Chief Financial Officer and Corporate Secretary of Alpha. Mr. Gordon has over 19 years of finance and accounting experience with publicly traded companies. Mr. Gordon has acted as the Chief Financial Officer for a variety of public and private companies in the oil and gas exploration and production, oil and gas services, mining and manufacturing industries.
Alpha also announces the resignation of Shawn Smith as the Chief Financial Officer, Corporate Secretary and a director of the Company. Mr. Smith had been a director of Alpha since September 2018 and the Chief Financial Officer and Corporate Secretary of Alpha since January 2019. The management and board of the Company wish to thank Mr. Smith for his efforts and dedication to the Company and its objectives, and wishes him the best in his future endeavors.
Sean Kingsley has resigned as the President and Chief Executive Officer of the Company, and has been engaged moving forward as the Company’s Director – Corporate Development. Darryl Jones, Director of the Company, has been appointed President and Chief Executive Officer of the Company.
The Company has amended (the "Amendment") the terms of an aggregate of 12,492,799 warrants (each, a "Warrant") issued by the Company to certain investors on June 25, 2018 and exercisable at $0.10 per share, which expire on June 25, 2022. Pursuant to the terms of the Amendment, the terms of the Warrants have been amended in order to waive the transfer restrictions on the Warrants.
Alpha also announces that it has entered into an online marketing agreement (the “Agreement”) with Promethean Marketing, Inc. (the “Provider”) to provide corporate marketing and investor awareness services to Alpha (the “Services”) including, but not limited to, content creation management, author sourcing, project management and media distribution. In consideration for the Services, the Company has agreed to pay the Provider a media distribution budget minimum of US$200,000 for the first month of the Agreement, to be continued on a month-to-month basis at a monthly amount determined mutually between the Company and the Provider.
ON BEHALF OF THE BOARD OF DIRECTORS
“Darryl Jones”
Darryl Jones Director 604-788-9533
Further information about the Company is available under its profile on the SEDAR website, www.sedar.com.
Neither CSE Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE Exchange) accepts responsibility for the adequacy or accuracy of this release.
Statements included in this announcement, including statements concerning our plans, intentions as, "forward-looking statements". Forward-looking statements may be identified by words and expectations, which are not historical in nature are intended to be, and are hereby identified Company cautions readers that forward-looking statements, including without limitation those including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. The
relating to the Company's future operations and business prospects, are subject to certain risks forward-looking statements.
and uncertainties that could cause actual results to differ materially from those indicated in the