Interra Copper Announces Private Placement Financing
CSE: IMCX WWW.INTERRACOPPERCORP.COM
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR
FOR DISSEMINATION IN THEUNITED STATES
INTERRA COPPER ANNOUNCES PRIVATE PLACEMENT FINANCING
September 22, 2023, VANCOUVER, British Columbia – Interra Copper Corp. (CSE: IMCX,
FRA: 3MX) (“Interra” or the “ Company”) is pleased to announce a non-brokered private
placement of 2,000,000 units of the Company (the “ Units” and each, a “ Unit”) at a price of
$0.20 per Unit (the “Private Placement”). Each Unit shall consist of one common share in
the capital of the Company (a “ Share”) and one Share purchase warrant (a “ Warrant”),
whereby each Warrant shall be exercisable at $0.25 into an additional Share for a period of
36 months from the date of issuance.
Proceeds from the sale of the Units will be used for general working capital purposes and to
commence activities on the Rip Project acquisition. Closing of the Private Placement, subject
to the receipt of all necessary regulatory and other approvals, is anticipated to occur prior to
the end of September 2023.
All securities issued pursuant to the Private Placement will be subject to a statutory hold
period under applicable Canadian securities laws of four months and one day from the date
of closing of the Private Placement.
The securities described herein have not been 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 absent registration or compliance with an applicable exemption from
the registration requirements of the U.S. Securities Act and applicable state securities laws.
This news 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 State in which such offer, solicitation or sale
would be unlawful.
On behalf of the Board of Interra Copper Corp.
Rick Gittleman
Interim CEO & Chairman
For further information contact:
Katherine Pryde
Investor Relations
Forward Looking Information
This news release contains certain “forward -looking information” and “forward -looking
statements” (collectively “forward -looking statements”) within the meaning of applicable
securities legislation. Forward-looking statements are frequently, but not always, identified
by words such as “expects”, “anticipates”, “believes”, “intends”, “estimates”, “potential”,
“possible”, and similar expressions, or statements that events, conditions, or re sults “will”,
“may”, “could”, or” should” occur or be achieved. All statements, other than statements of
historical fact, included herein, without limitation, statements relating to the closing of the
Private Placement, the receipt of all necessary regulat ory and other approvals, and the use
of proceeds from the Private Placement are forward -looking statements. There can be no
assurance that such statements will prove to be accurate, and actual results and future
events could differ materially from those an ticipated in such statements. Forward -looking
statements reflect the beliefs, opinions and projections on the date the statements are made
and are based upon a number of assumptions and estimates that, while considered
reasonable by Interra, are inherently subject to significant business, economic, competitive,
political and social uncertainties and contingencies. Many factors, both known and unknown,
could cause actual results, performance or achievements to be materially different from the
results, perfor mance or achievements that are or may be expressed or implied by such
forward-looking statements and the parties have made assumptions and estimates based
on or related to many of these factors. Such factors include, without limitation, the ability to
complete exploration work, the results of exploration, continued availability of capital, and
changes in general economic, market and business conditions. Readers should not place
undue reliance on the forward -looking statements and information contained in th is news
release concerning these items. Interra does not assume any obligation to update the
forward-looking statements of beliefs, opinions, projections, or other factors, should they
change, except as required by applicable securities laws.
The Canadian Securities Exchange has not reviewed, approved or disapproved the contents
of this press release, and does not accept responsibility for the adequacy or accuracy of this
release.