Copperbank Closes Private Placement
CSE: CBK FSE: 9CP OTC: CPPKF
FOR IMMEDIATE RELEASE March 26, 2019
(CBK 2019 – NR #3)
COPPERBANK CLOSES PRIVATE PLACEMENT
Vancouver, B.C., Canada – March 26, 2019 – CopperBank Resources Corp. (“CopperBank”) (CSE:
CBK) is pleased to announce that the Company has closed its previously announced financing
issuing 7,656,548 shares at 0.07 per share for net proceeds of $535,958.36. No finder’s fees were
paid with this financing.
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 to maintain its port-
folio of projects and for general working capital and corporate purposes.
On behalf of CopperBank Resources Corp.
“Gianni Kovacevic”
Chief Executive Officer
Address: Suite 1500, 409 Granville Street, Vancouver, BC V6C 1T2
Tel: 604-889-0852
E-mail: [email protected]
Website: www.copperbankcorp.com
Certain information in this release constitutes forward looking statements or information (“forward-looking state-
ments”) under applicable securities laws and necessarily involves risks and uncertainties. Forward-looking state-
ments included herein are made as of the date of this news release and, except as required by applicable law, Cop-
perBank 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-looking statements contained in this document are
expressly qualified by this cautionary statement. Forward-looking statements relate to future events or future perfor-
mance and reflect management of CopperBank’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 divestiture, spin-out, part-
nership 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-look-
ing statements have been based on factors and assumptions concerning future events which may prove to be inaccu-
rate. Those factors and assumptions are based upon currently available information available to CopperBank. For-
ward-looking statements are based, in part, on assumptions and factors that may change or prove to be incorrect,
thus causing 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 Company’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 forward-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 for-
ward-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 for-
ward-looking statements. For more information on CopperBank and the risks and challenges of its businesses, inves-
tors should review the continuous disclosure filings that are available under CopperBank’s profile at www.sedar.com.