District Copper Closes a Non-Brokered Private Placement
1
142 – 1146 Pacific Blvd.,
Vancouver, British Columbia V6Z 2X7 Canada
Telephone: (604) 620-7737
www.districtcoppercorp.com
NEWS RELEASE
TSX-V: DCOP November 23, 2021
DISTRICT COPPER CLOSES A NON-BROKERED PRIVATE PLACEMENT
Vancouver, B.C. – November 23, 2021 – District Copper Corp. (“District Copper”)
(TSXV: DCOP – OTC: CAXPF ) is pleased to announce that it has closed the non -
brokered private placement announced in its news release of November 3, 2021 for gross
proceeds of CDN$430,000.
The non-brokered private placement closed on November 22, 2021 and consisted of the
placement of 4,300,000 units at a price of $ 0.10 per unit. Each unit was comprised of
one share and one transferrable share purchase warrant with one full warrant entitling the
holder to purchase one additional share of the Company at a price of $0.15 per share for
a period of two (2) years following the date of closing.
As compensation for the placement of the units, District Copper paid a cash finder’s fee
of $350 calculated at 7% of the amount placed by one finder.
All securities issued by District Copper pursuant to the offering have been issued subject
to a four month hold period expiring March 23, 2022.
About District Copper
District Copper is a Canadian company previously engaged in exploration for porphyry
copper-gold-molybdenum deposits in northwestern British Columbia and since 2018 in
the exploration of the Stony Lake property in Newfoundland.
2
For further information, please visit the website at www.districtcoppercorp.com to view
the Company’s profile or contact Jevin Werbes at 604-620-7737.
“Jevin Werbes”
Jevin Werbes, President & CEO
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 release.
This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities described herein in the
United States. The securities described in this news release 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 wi thin
the United States o r 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. This news release is not for distribution in the United States or over United States
newswires.
Cautionary Statement on Forward Looking Statement
Information contained in this news release, including information as to strategy, projects, plans or future financial or oper ating
performance and other statements that express management's expectations or es timates of future performance, constitute
"forward looking statements". Actual results may differ materially from those indicated by such statements. All statements, o ther
than historical fact, included herein, including, without limitations statements reg arding future production, are forward -looking
statements that involve various risks and uncertainties. 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 information
in this news release includes, but is not limited to, statements about the exploration program at the Stony Lake project.
A more complete discussion of the risks and uncertainties facing District Copper is disclosed in District Copper's continuous
disclosure filings with Canadian securities regulatory authorities at www.sedar.com. All forward -looking information herein is
qualified in its entirety by this c autionary statement, and District Copper disclaims any obligation to revise or update any such
forward-looking information or to publicly announce the result of any revisions to any of the forward -looking information contained
herein to reflect future results, events or developments, except as required by law.