Interra Copper Announces Private Placement Financing
CSE: IMCX WWW.INTERRACOPPERCORP.COM
INTERRA COPPER ANNOUNCES PRIVATE PLACEMENT FINANCING
Not for distribution to the United States newswire services or for dissemination in the
United States
July 19, 2024, VANCOUVER, British Columbia – Interra Copper Corp. (CSE: IMCX; OTCQB:
IMIMF; FRA: 3MX) (“Interra” or the “Company”) is pleased to announce that it intends to
close a non-brokered private placement (the “Private Placement”) by issuing up to an
aggregate of 2,166,667 units (the “Units”) at a price of C$0.12 per Unit for gross proceeds of
up to C$260,000.
Each Unit consists of one (1) common share in the capital of the Company (a “Share”) and
one-half (1/2) of one (1) Share purchase warrant, whereby each whole Share purchase
warrant (a “Warrant”) shall be convertible into an additional Share (a “Warrant Share”) at an
exercise price of C$0.15 per Warrant Share. Each Warrant shall expire on the date that is one
(1) year following the date of issuance (the “Expiry Date”).
Proceeds from the Private Placement are intended for exploration activities, general working
capital purposes, and to satisfy bona fide debt. Closing of the Private Placement is subject to
the receipt of all necessary regulatory and other approvals.
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.
Brian Thurston, P.Geo.
Chief Executive Officer and Director
For further information contact:
Katherine Pryde
Investor Relations
+1 (778) 949-1829
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 results “will”, “may”, “could”, or” should” occur or be achieved.
All statements, other than statements of historical fact, included herein, without limitation, relating to
the expected 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 anticipated 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 socia l uncertainties and
contingencies. Many factors, both known and unknown, could cause actual results, performance or
achievements to be materially different from the results, performance or achievements that are or
may be expressed or implied by such forwar d-looking statements and the parties have made
assumptions and estimates based on or related to many of these factors. Such factors include, without
limitation, risks associated with possible accidents and other risks associated with mineral exploration
operations, the risk that the Company will encounter unanticipated geological factors, risks associated
with the interpretation of exploration results, the possibility that the Company may not be able to
secure permitting and other governmental clearances ne cessary to carry out the Company's
exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its
business plans, and the risk of political uncertainties and regulatory or legal changes that might
interfere with the Company's business and prospects. Readers should not place undue reliance on
the forward-looking statements and information contained in this 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.