CopperCorp Announces Private Placement Including a Strategic Investment by Crescat Capital
Vancouver, B.C. (TSXV: CPER)(FSE: NU0)
CopperCorp Announces Private Placement Including a
Strategic Investment by Crescat Capital
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES
VANCOUVER, BC June 19, 2025 – CopperCorp Resources Inc. (TSXV: CPER) (OTCQB: CPCPF) (FSE:
NU0) (“CopperCorp” or the “Company”) is pleased to announce a non- brokered private
placement to raise gross proceeds to the Company of up to C$1.5M (the “Offering”).
Crescat Capital LLC ("Crescat") and the Company have entered into both a Participation Rights
Agreement and a Strategic Shareholder Agreement. Crescat will be subscribing for C$500,000 or
up to 9.9% of the common shares of the Company through Crescat Portfolio Management LLC on
behalf of its Pooled Investment Funds.
”We are pleased to continue to fund this experienced team who are focused on the discovery of
copper in Tasmania and have a dominant land package in an established mining jurisdiction that
continues to support exploration and mining” stated Kevin Smith, CFA, Founder and CEO of
Crescat.
Quinton Hennigh, Crescat's Geologic & Technical Advisor added “ CopperCorp has clearly
demonstrated the existence of significant additional high-grade copper-gold mineralization
outside of the famous Mount Lyell copper mining district . The Company’s recent surface rock
sampling results and interpretation from ongoing and historical geophysical surveys has produced
a series of compelling exploration targets that have strong analogies to Mt Lyell but in locations
that have never been drilled. We will keenly follow their progress over the coming months.”
The Offering will consist of units at a price of $0.085 per unit (the “Units”). Each Unit will consist
of one common share in the capital of the Company (a “Share”) and one common share purchase
warrant (a “Warrant”). Each Warrant will entitle the holder to purchase one additional Share at
a price of $0.13 per Share for a period of two years from closing of the Offering.
The Company intends to use the proceeds of the Offering for exploration drilling and
development of the Company’s Jukes and Hydes properties, located in western Tasmania,
Australia.
550-800 West Pender St. Vancouver, BC V6C 2V6 | E: [email protected] | W: coppercorpinc.com
Stephen Swatton, President and CEO of CopperCorp commented:
“We look forward to commencing our phase 2 of drilling at Razorback, the summer fieldwork and
geophysical interpretation have thrown up some anomalies that equal or exceed the size of the
geophysical responses seen over Mt Lyell, so while we have to demonstrate caution we also think
a discovery in western Tasmania that already has several significant but aging operating mines
will be well received.”
CopperCorp may pay finder’s fees on some portion of the gross proceeds of the Offering to
certain arms-length parties who assist the Company in introducing subscribers to the Offering .
The Offering is subject to all necessary regulatory approvals, including the approval of the TSX
Venture Exchange. The securities issued under the Offering will be subject to a hold period under
applicable securities laws in Canada expiring four months and one day from the closing date of
the Offering.
Members of the Company’s management team may participate in the Offering including
subscriptions from related parties of the Company as defined in Multilateral Instrument 61 -101
Protection of Minority Security Holders in Special Transactions ("MI 61 -101"). The participation
of management in the Offering is exempt from formal valuation and minority shareholder
approval requirements pursuant to exemptions contained in sections 5.5(c) and 5.7(1)(a) of MI
61-101.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the
securities in the United States. The securities have not been and will not be registered under the
United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities
laws and may not be offered or sold within the United States or to U.S. Persons unless registered
under the U.S. Securities Act and applicable state securities laws or an exemption from such
registration is available.
About CopperCorp
CopperCorp is a TSX.V listed (TSX.V: CPER) exploration company focused on the exploration and
development of its Skyline, and AMC copper -gold-REE projects in western Tasmania. The
Company has approximately C$2.2M cash. Refer to the CopperCorp website at
www.coppercorpinc.com for further information.
Contact:
Stephen Swatton
President, CEO & Director
550-800 West Pender St. Vancouver, BC V6C 2V6 | E: [email protected] | W: coppercorpinc.com
Corporate Development Contact:
604-970-8032
Additional information about CopperCorp can be found on its w ebsite: www.coppercorpinc.com and at
www.sedarplus.ca.
CAUTIONARY STATEMENT REGARDING FORWARD- LOOKING INFORMATION: This news release includes certain
“forward-looking statements” under applicable Canadian securities legislation relating to plans for future exploration
and drilling and the timing of same, the merits of the Company’s mineral projects and other plans of the Company ,
including statements relating to the use of proceeds and completion of the Offering. Forward-looking statements are
statements that are not historical facts; they are generally, but not always, identified by the words “encouraging”,
"expects”, "plans”, "anticipates”, "believes”, “interpret”, "intends", "estimates", "projects", "aims", “suggests”, “often”,
“target”, “future”, “likely”, “pending”, "potential", "goal", "objective", "prospective", “possibly”, “preliminary” and
similar expressions, or that events or conditions "will", "would", "may", "can", "could" or "should" occur, or other
statements, which, by their nature, refer to future events. The Company cautions that forward-looking statements are
based on the beliefs, estimates and opinions of the Company's management on the date the statements are made, and
that such statements are subject to risks and uncertainties that may cause actual results, performance or developments
to differ materially from those contained in the statements. Consequently, there can be no assurances that such
statements will prove to be accurate and actual results and future events could differ materially from those anticipated
in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.
Factors that could cause future results to differ materially from those anticipated in forward-looking statements include
risks associated with exploration and drilling; the timing and content of upcoming work programs; geological
interpretations based on drilling that may change with more detailed information; possible accidents; the possibility
that the Company may not be able to secure permitting and other governmental approvals necessary to carry out the
Company's plans; the risk that the Company will not be able to raise sufficient funds to carry out its business plans; the
possibility that future exploration results will not be consistent with the Company’s expectations; increases in costs;
environmental compliance and changes in environmental and other local legislation and regulation; interest rate other
risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological
factors a nd exchange rate fluctuations; changes in economic and political conditions; and other risks involved in the
mineral exploration industry. The reader is urged to refer to the Company's Management’s Discussion and Analysis,
publicly available through the Canadian Securities Administrators' System for Electronic Document Analysis and
Retrieval (SEDAR+) at www.sedarplus.ca for a more complete discussion of risk factors and their potential effects.
Forward-looking statements are based on a number of assumptions, including management’s assumptions about the
following: the availability of financing for the Company’s exploration activities; operating and exploration costs; the
Company’s ability to attract and retain skilled staff; timing of the receipt of necessary regulatory and governmental
approvals; market competition; and general business and economic conditions. The Company disclaims any intention or
obligation to update or revise any forward-looking statements, whether as a result of new information, future events or
otherwise, except as required by law.
Neither TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.