CopAur Announces Private Placement, Director Participation, and Gypsy Swap
CopAur Announces Private Placement, Director Participation, and Gypsy Swap
Vancouver, British Columbia — August 21, 2023 - CopAur Minerals Inc. (the “Company”) (CPAU:TSXV) is
pleased to announce a private placement offering (the “ Private Placement”) of 1,000,000 units of the
Company’s securities (“Units”) at a price of $0.50 per Unit for gross proceeds of $500,000, which will be
fully subscribed by Jeremy Yaseniuk, the Company’s Chief Executive Officer and Conrad Swanson, the
Company’s Chairman. Each Unit will consist of one common share and one -half of one share purchase
warrant, with each whole warrant entitling the holder to acquire one additional common share at an
exercise price of $0.75 for a period of 24 months following the date of issuance. The terms of the Private
Placement are the same as those of the Company’s previous private placement completed in April 2023,
under which the Company raised gross proceeds of $2,610,500 from the sale of 5,221,000 Units. The
proceeds from this Private Placement will be used to continue to advance the exploration at the
Company’s flagship Kinsley Mountain Gold Property in Nevada.
Jeremy Yaseniuk, the Chief Executive Officer and Conrad Swanson, the Chairman of the Company plan to
sell an aggregate of 1,200,000 common shares of the Company from their personal holdings through the
facilities of the TSX Venture Exchange (“ TSXV”) on or about August 21, 2023 and will invest all of the
proceeds from the share sale in the Private Placement.
Jeremy Yaseniuk, CopAur’s CEO stated, “Management decided to fully subscribe to this Private Placement
and price it above market price on the same terms and conditions as our previous private placement. This
adds funding to our treasury for future work programs and demonstrates management’s commitment to
the Company and our confidence in its projects and in management’s ability to effectively advance these
projects and navigate in challenging markets. We look forward to seeing the results from the recently
completed drilling program at Kinsley Mountain that was conducted on the two known target zones and
also tested new areas of the property. It is management’s hope to quickly analyze and evaluate the
upcoming results when they become available and go back to Kinsley to continue to advance this exciting
project."
The Private Placement will be subject to the approval of the TSXV, and all securities issued in connection
with the Private Placement will be subject to a regulatory hold period of four months and one day from
the closing of the Private Placement.
As a result of the proposed purchase of Units by these directors, insider participation will be in excess of
25% of the Private Placement. The issuance of securities to insiders pursuant to the Private Placement is
considered to be a “related party transaction” subject to the requirements of TSXV Policy 5.9 and
Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions (“MI 61-
101”). The Company intends to rely on exemptions from the f ormal valuation and minority shareholder
approval requirements provided under sections 5.5(a) and 5.7(a) of MI 61- 101 on the basis that amount
invested in the private placement by the insiders will not exceed 25% of the Company's market
capitalization.
About CopAur Minerals Inc.
CPAU is an exploration company focused on developing projects within the emerging, mineral rich mining
regions of Nevada and British Columbia. The Company is backed by a dynamic and experienced team of
resource professionals advancing multiple holdings across both regions; the Kinsley Mountain Gold
Property, the Bolo property and Troy Canyon property , all located in Nevada, and the Williams gold -
copper property located in British Columbia.
ON BEHALF OF THE BOARD OF DIRECTORS
Jeremy Yaseniuk
Chief Executive Officer
For further information, please contact:
Jeremy Yaseniuk
CopAur Minerals Inc.
Telephone: 604-773-1467
Email: [email protected]
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.
This news release contains forward looking information under Canadian securities laws (referred to as
forward-looking statements). These statements relate to future events or the Company’s future
performance. Forward looking statements in this news release include references to the Private Placement,
including the requirement for TSXV approval and the Company’s plans for using the proceeds from the
Private Placement, as well as expected exploration results . Forward-looking statements are subject to
known and unknown risks, uncertainties and other factors which may cause the actual results to vary from
those expressed or implied by the forward-looking statements. Forward-looking statements should not be
read as guarantees of future performance or results and they will not necessarily be accurate indications
of whether or not such results will be achieved. Actual results could differ materially from those anticipated
in the forward- looking statements . Although the forward- looking statements contained in this news
release are based upon what management of the Company believes are reasonable assumptions on the
date of this news release, the Company cannot assure investors that actual results will be consistent with
these forward- looking statements. The forward- looking statements contained in this news release are
made as of the date hereof and the Company disclaims any intention or obligation to update or revised
any forward-looking statements whether as a result of new information, future events or otherwise, except
as required under applicable securities regulations.