Error! No document variable supplied.
Error! No document variable supplied.
888-700 West Georgia, Vancouver, BC, V7Y 1G5
Copaur Minerals Closes an additional $85,000 Non-Brokered Private Placement
for a total of $590,000
Vancouver, British Columbia — June 11, 202 5 — CopAur Minerals Inc. (the “Company”)
(CPAU:TSXV) is pleased to announce that it has closed a non-brokered private placement
financing for gross proceeds of $85,000 (the “P rivate Placement ”) increase to the $505,500
previously closed financing to $590,500.
The Private Placement will consist of 850,000 units at a price of $0.10 per unit. Each unit will
comprise one common share and one-half of one common share purchase warrant. Each whole
warrant will entitle the holder to purchase one additional common share at a price of $0.15 for
a period of 18 months from the date of issuance.
The warrants will be subject to an acceleration clause: if the Company’s common shares trade at
or above $0.20 for 10 consecutive trading days on the TSX Venture Exchange, the Company may
accelerate the expiry date of the warrants to 30 days following the date on which notice is
provided to the holders.
Jeremy Yaseniuk, the CEO and a director of the Company, intends to subscribe for 350,000 Units
under the Private Placement. The issuance of securities to a director and officer 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”). As a result of the proposed purchase of these Units by Mr.
Yaseniuk, the requirements under MI 61 -101 for a formal valuation and minority shareholder
approval are engaged . The Company intends to rely on exemption s from the formal valuation
and minority shareholder approval requirements available under sections 5.5(a) and 5.7(1)(a) of
MI 61-101 on the basis that amount invested in the Private Placement by the related party will
not exceed 25% of the Company's market capitalization.
Proceeds from the Private Placement will be used to advance the Company’s exploration
initiatives and for general working capital purposes. Closing of the Private Placement is subject
to regulatory approval, including that of the TSX Venture Exchange. All securities issued will be
subject to a four-month hold period in accordance with applicable securities laws.
1376-8404-8663, v. 2
About CopAur
CopAur is an exploration company focused on developing projects within the emerging, mineral -rich
mining regions of Nevada. The Company is backed by a dynamic and experienced team of resource
professionals advancing its projects in Nevada with the flagship proje ct being Kinsley Mountain Gold
Project, a Carlin -style project located 90 kilometres south of the Long Canyon mine (currently in
production under the Newmont/Barrick joint venture, Nevada Gold Mines).
ON BEHALF OF THE BOARD OF COPAUR MINERALS INC.
Jeremy Yaseniuk, Chief Executive Officer
For more information, please contact:
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. 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. 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. Act ual 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.