Amends Private Placement, Terminates IR Agreement
SEPTEMBER 25, 2024 NEWS RELEASE TSXV: SDCU
SONORAN DESERT COPPER CORPORATION AMENDS PRIVATE PLACEMENT, TERMINATES IR AGREEMENT
Vancouver, B.C.: Sonoran Desert Copper Corporation (“SDCU'' or the “Company”) (TSXV: SDCU) further to its July 8 and July 12 2024 news releases, the Company announces that it has amended its private placement financing (the “Financing”). The Company has cancelled 1,700,000 of the $0.10 Units issued, for a revised total of funds raised of $840,750 (was $1,010,750) and shares and warrants issued 8,407,500 (was 10,107,500).
The Company cancelled 1,700,000 common shares and 1,700,00 common share purchase warrants which had been issued to a subscriber who, subsequent to the closing, withdrew their subscription.
All other details of the Financing remain unchanged.
Further, the Company did not renew its agreement with Hybrid Financial, announced March 23, 2023, which expired March 31, 2024.
ABOUT SONORAN DESERT COPPER CORPORATION
Sonoran Desert Copper Corporation is focused on securing, developing and monetizing materials assets and technologies to build shareholder value.
On behalf of the Board of Directors of SONORAN DESERT COPPER CORPORATION
"Brian Leeners"
Brian Leeners, CEO & Director
[email protected] / +1 604-862-4184 (WhatsApp)
FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
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