CopAur Minerals Receives $1,000,000 in Cash and Three Million Shares of Omega Pacific Minerals Inc.
CopAur Minerals Receives $1,000,000 in Cash and Three Million
Shares of Omega Pacific Minerals Inc.
News Release - Vancouver, British Columbia – April 24, 2024: CopAur Minerals Inc. (“CopAur”
or the “ Company”) (TSX -V: CPAU) ( OTCQX:COPAF) Copaur Minerals Inc. is very pleased to
announce the closing of the first tranche of financing and share issuance, as disclosed in the
News Announcement March 1, 2024. This is a three phase option agreement whereby Omega
(cse-omga) can earn a 100% of the Williams property.
Under the first option, Omega can earn a 51-per-cent interest in the Williams property by paying
to Copaur $1 -million in cash, (received) and issuing three million shares to Copaur (received)
upon Canadian Securities Exchange approval of the option agreement and incurring $3-million in
exploration expenditures on or before the first-year anniversary of the option agreement.
CEO, Jeremy Yaseniuk stated , “This is in the interest of both companies and allows CopAur to
concentrate on our Nevada properties without incurring dilution at this level of financing.”
About CopAur
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
flagship being Kinsley Mountain Gold Property, a Carlin-style project located 90 km south of the
Long Canyon Mine (currently in production under the Newmont/Barrick Joint Venture, Nevada
Gold Mines) and the Williams Project that points to significant gold-copper potential within the
prolific Toodogoone region of northern British Columbia, Canada. CPAU remains dedicated to
delivering substantial growth and value creation for our shareholders through strategic asset
development and management. We look forward to the opportunities that lie ahead and will
continue to provide updates on our progress.
Qualified Person
The scientific and technical information contained in this news release regarding Copaur Minerals
Inc. has been reviewed and approved by Kristopher J. Raffle, P.Geo. (British Columbia), principal
and consultant, of Apex Geoscience Ltd. of Edmonton, Alta., and a qualified person as defined in
National Instrument 43-101 (Standards of Disclosure for Mineral Projects).
For more information, please contact:
CopAur Minerals Inc.
Jeremy Yaseniuk, Chief Executive Officer & Director
Tel: +1 (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 news release.
Forward Looking Information
This news release contains forward-looking statements. These statements relate to future events
or the Company’s future performance including obtaining the necessary regulatory approvals for
and completion of an option agreement on the Williams property with Omega Pacific Resources
Inc. All such statements involve substantial known and unknown risks, uncertainties and other
factors which may cause the actual results to vary from those expressed or implied by such
forward-looking statements including if Omega Pacific will be able to raise sufficient funding to
exercise the options on the Williams Property or if it will exercise any of the options granted under
the option agreement . Forward -looking statements involve significant risks and uncertainties,
they 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 due to a number of factors and risks. 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 press 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.