Copper Reef Amends Private Placement
12 Mitchell Road, Box 306 Tel:(204) 687-3500
Flin Flon, MB, R8A 1N1 CZC.CSE Fax: (204) 687-4762
copperreefmining.com
September 16, 2019
Copper Reef Amends Private Placement
Copper Reef Mining Corporation (CSE: CZC) (the "Issuer") wishes to announce an amendment to its
plans to raise $500,000 through a non-brokered private placement financing of common and flow-through
shares, up to an aggregate Maximum Offering Amount of $500,000. This offering would be for Flow
Through Units at a price of $0.05 per unit, each unit being comprised of one flow through share and one
full warrant, exercisable at a price of $0.05 per warrant for 24 months. The Class "A" Units would be
offered at a price of $0.02 per unit, with each unit comprised of one common share and one full warrant,
also exercisable at a price of $0.05 per warrant but for 12 months. The Offering is subject to certain
conditions including, but not limited to, the receipt of all necessary regulatory approvals. All securities to
be issued under the Offering will be subject to a four-month statutory hold period in Canada.
The Class "A" Units shall consist of, and separate immediately upon closing into, one common share of
the Issuer (a "Common Share") and one common share purchase warrant (a "Warrant"), each entitling the
holder to purchase one Common Share at a purchase price of $0.05 cents per Common Share for a period
of twelve (12) months following the date of issuance. The Flow-Through Units shall consist of, and
separate immediately upon closing into, one Common Share, to be issued as a "flow-through share" (the
"Flow-Through Shares") within the meaning of the Income Tax Act (Canada), and one Warrant. Each
Warrant attached to the Flow-Through Units shall entitle the holder to purchase one Common Share for a
purchase price of $0.05 per Common Share for a period of twenty four (24) months following the date of
issuance.
Use of Proceeds
Use of proceeds from this financing will be used to produce drill targets south and west the Alberts Lake
Gold Deposit in the Main Flin Flon Camp and for evaluation of other gold properties. A portion of this
financing raised through the sale of Class "A" Units will be used to pay down debt.
ABOUT COPPER REEF MINING CORPORATION
Copper Reef is a Canadian junior mineral exploration company with a specific focus on mineral
properties in northwest Manitoba and northeast Saskatchewan, Canada. All of the Issuer’s properties are
currently at the exploration stage. The Issuer has assembled a portfolio of base metal and precious metal
prospects, including strategic locations in the Provinces of Manitoba and Saskatchewan and holds a
number of royalties on properties within the belt.
Copper Reef Mining Corporation
“signed”
Stephen L. Masson M.Sc. P.Geo.
President & CEO
No stock exchange or securities regulatory authority has reviewed or accepted responsibility for the
adequacy or accuracy of this release. Some of the statements contained in this release are forward-looking
statements, such as estimates and statements that describe the Issuer's future plans, objectives or goals,
including words to the effect that the Issuer or management expects a stated condition or result to occur.
Since forward-looking statements address future events and conditions, by their very nature, they involve
inherent risks and uncertainties.