Copper Giant Announces Upsize of Non-Brokered Private Placement of Units to $12M
COPPER GIANT ANNOUNCES UPSIZE OF
NON-BROKERED PRIVATE PLACEMENT OF
UNITS TO $12M
/NOT FOR DISSEMINATION IN
THE UNITED STATES
OR FOR DISTRIBUTION TO U.S. WIRE
SERVICES/
VANCOUVER
, BC
,
Dec. 23, 2025
/CNW/ - Copper Giant Resources Corp. ("
Copper Giant
" or the
"
Company
") (TSXV: CGNT) (OTCQB: LBCMF) (FRA: 29H0) is pleased to announce that it has
increased its previously announced non-brokered private placement from
$10,000,000
to an
aggregate of 30,000,000 units (the "
Units
") at a price of
$0.40
per Unit, for gross proceeds of
$12,000,000
. Each Unit will consist of one common share of the Company (a "
Share
") and one half
of one warrant of the Company (each full warrant a "
Warrant
"). Each whole Warrant will be
exercisable to purchase one Share at an exercise price of
C$0.60
per Share for a period of 36
months from the closing date.
Completion of the Offering remains subject to the approval of the TSX Venture Exchange. All
securities issued in connection with the Offering will be subject to a four-month-and-one-day
statutory hold period. The Company anticipates paying finders' fee, payable in cash to certain
eligible parties on a portion of the placement. In addition, the Company may issue to eligible finder's
non-transferable finders' warrants.
The Company intends to use the net proceeds from the Offering for working capital and general
corporate purposes.
ANY SECURITIES REFERRED TO HEREIN WILL NOT BE REGISTERED UNDER THE US.
SECURITIES ACT OF 1933 (THE "
1933 ACT
") AND MAY NOT BE OFFERED OR SOLD IN
THE
UNITED STATES
OR TO A U.S. PERSON IN THE ABSENCE OF SUCH REGISTRATION OR AN
EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall
there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be
unlawful.
About Copper Giant
Copper Giant Resources Corp. is part of the Fiore Group, a private and well-established Canadian
organization known for building successful, high-impact companies across the natural resource
sector. Copper Giant was formed with a singular focus: to advance high-quality copper projects
beyond resource definition—responsibly, efficiently, and with long-term positive impact.
The Company is led by a team with uncommon experience, having successfully taken some of the
few major copper mines developed in the past two decades from discovery through to construction.
Copper Giant's current focus is the Mocoa copper-molybdenum deposit in southern
Colombia
, one
of the largest undeveloped resources of its kind in the Americas. Recent exploration success has
revealed potential well beyond its original footprint, highlighting Mocoa as a broader district-scale
opportunity—and the catalyst for the Company's name and evolution.
Guided by the values of respect and responsibility, and grounded in its Good Neighbor philosophy,
Copper Giant is committed to creating enduring values for all stakeholders and playing a meaningful
role in the global energy transition.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Forward-Looking Statements
This news release contains certain statements which constitute forward-looking statements or
information under applicable Canadian securities laws, including statements relating to the
expected size of the Offering, the anticipated timing of closing the Offering, the ability of the
Company to satisfy all conditions to closing the Offering, and the expected use of proceeds from
the Offering. Such forward-looking statements are subject to numerous known and unknown risks,
uncertainties and other factors, some of which are beyond the Company's control, which could
cause actual results or events to differ materially from those stated, anticipated or implied in the
forward-looking statements. These risks and uncertainties include general economic and capital
markets conditions, stock market volatility, the ability of the Company to apply the use of proceeds
from the Offering as anticipated, those risks set out in the Company's public documents filed on
www.sedarplus.ca
, the ability of the Company to obtain necessary consents for the Offering,
including the approval of the Exchange, and the ability of the Company to complete the Offering on
the terms expected or at all. Although the Company believes that the forward-looking statements in
this news release are reasonable, they are based on factors and assumptions, based on currently
available information, concerning future events, which may prove to be inaccurate. As such,
readers are cautioned not to place undue reliance on the forward-looking statements, as no
assurance can be provided as to future plans, operations, results, levels of activity or
achievements. The forward-looking statements contained in this news release are made as of the
date of this news release and, except as required by applicable law, the Company does not
undertake any obligation to publicly update or to revise any of the forward-looking statements,
whether as a result of new information, future events or otherwise.
SOURCE
COPPER GIANT RESOURCES CORP.
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For further information:
For additional information: Ian Harris, Chief Executive Officer,
[email protected], +1 303 956 2944; Tetiana Konstantynivska, Vice President Investor
Relations, [email protected], +1 778 829 8455
CO: COPPER GIANT RESOURCES CORP.
CNW 17:52e 23-DEC-25