CopperBank Closes Financing
CSE: CBK FSE: 9CP OTC: CPPKF
FOR IMMEDIATE RELEASE August 18, 2017
(CBK 2017 – NR #15)
CopperBank Closes Financing
Vancouver, Canada - August 18, 2017 - CopperBank Resources Corp. (“CopperBank” or the “Company”)
(CSE:CBK) is pleased to announce that the Company has completed a non-brokered private placement of
5,173,366 units at a price of $0.15 per unit for a total of $776,004.90. Each unit will consist of a full five-
year warrant exercisable at $0.25 per share. If the common shares of the Company trade at $0.40 per
share or higher for twenty consecutive trading days, the Company may accelerate the conversion of the
warrants.
The financing consisted of 27 subscribers and no fees were paid.
The private placement is subject to the approval of the Canadian Securities Exchange and the securities
will be subject to a four month and one day hold period under securities laws.
The Company intends to use the net proceeds from the private placement for advancing its projects and
for general working capital and corporate purposes.
On behalf of CopperBank Resources Corp.
“Gianni Kovacevic”
Executive Chairman
Address: Suite 1500, 409 Granville Street, Vancouver, BC V6C 1T2
Tel: 604-889-0852
E-mail: [email protected]
Website: www.copperbankcorp.com
Advisory Regarding Forward-Looking Statements
Certain information in this release constitutes forward looking statements or information (“forward-look-
ing statements”) under applicable securities laws and necessarily involves risks and uncertainties. Forward-
looking statements included herein are made as of the date of this news release and, except as required
by applicable law, CopperBank does not undertake any obligation to update or revise any of the forward-
looking statements, whether as a result of new information, future events or otherwise. The forward-look-
ing statements contained in this document are expressly qualified by this cautionary statement. Forward-
looking statements relate to future events or future performance and reflects management of Copper-
Bank’s expectations or beliefs regarding future events. In certain cases, forward-looking statements can
be identified by the use of words such as “plans”, or “believes”, or variations of such words and phrases or
statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”,
“occur” or “be achieved” or the negative of these terms or comparable terminology. Examples of forward-
looking statements in this news release include, but are not limited to, statements with respect to the
Company’s ongoing review of its existing portfolio, the involvement of CopperBank in any potential divest-
iture, spin-out, partnership or other transactions involving the Company’s portfolio assets, and the ability
of the Company to complete any such transactions, the ability of CopperBank to enter into transactions
that will ultimately enhance shareholder value, and potential future work or activities in respect of the
Pyramid project or the Contact project. Although CopperBank believes that the expectations reflected in
the forward-looking statements are reasonable, forward-looking statements have been based on factors
and assumptions concerning future events which may prove to be inaccurate. Those factors and assump-
tions are based upon currently available information available to CopperBank. Forward-looking state-
ments are based, in part, on assumptions and factors that may change or prove to be incorrect, thus caus-
ing actual results, performance or achievements to be materially different from those expressed or implied
by forward-looking information. Such factors and assumptions include, but are not limited to, the Com-
pany’s ability to identify and complete one or more transactions involving the Company’s portfolio assets
that enhance shareholder value as part of management’s ongoing review of strategic alternatives in the
current market conditions. By their very nature, forward-looking statements involve known and unknown
risks, uncertainties and other factors which may cause the actual results, performance or achievements to
be materially different from any future results, performance or achievements expressed or implied by for-
ward-looking statements. Such factors include, but are not limited to, the risk that the Company will not
be able to identify and complete one or more transactions involving the Company’s portfolio assets that
enhance shareholder value as part of management’s ongoing review of strategic alternatives in the current
market conditions. Although CopperBank has attempted to identify important factors that could cause
actual actions, events or results to differ materially from forward-looking statements, there may be other
factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be
no assurance that forward-looking statements will prove to be accurate, as actual results and future events
could differ materially from those anticipated by such forward-looking statements. Accordingly, readers
should not place undue reliance on forward-looking statements. For more information on CopperBank and
the risks and challenges of its businesses, investors should review the continuous disclosure filings that are
available under CopperBank’s profile at www.sedar.com.