Canyon Announces Private Placement Financing
TSXV: CNC
Suite 408 – 1199 West Pender Street • Vancouver, B.C. • V6E 2R1
TEL (604) 331-9326 • FAX (604) 684-9365
CANYON ANNOUNCES PRIVATE PLACEMENT FINANCING
VANCOUVER, BC, August 22, 2017.
Canyon Copper Corp. (“Canyon”) (TSX-V: CNC) is pleased to announce a private placement financing of up to
10,000,000 Units consisting of one common share and one-half of one share purchase warrant at a price of $0.10
per unit (the “Offering”). Each warrant will entitle the holder to purchase one common share at $0.15 per share
until the close of business on the day which is 24 months from the date of issue of the warrant.
Canyon intends to use the proceeds of up to $1,000,000 of the Offering to fund exploration expenditures on its
portfolio of mineral properties and for general working capital.
Closing of the proposed Offering is subject to a number of conditions, including receipt of all necessary corporate
and regulatory approvals, includin g approval from the TSX Venture Exchange. Finders fees may be payable in
connection with this private placement. All the securities issuable will be subject to a four -month hold period from
the date of closing.
On behalf of the Board of Directors,
“Stephen Wallace”
CANYON COPPER CORP.
Stephen Wallace, President, CEO and Director
Contact: Canyon Copper Corp.
Investor Relations
(604) 331-9326
Cautionary Statement Regarding Forward Looking Information
This News Release may contain, in addition to historical information, forward -looking statements. The se forward -looking statements are
identified by their u se of terms and phases such as “ believe,” “expect,” “ plan,” “anticipate” and similar expressions identifying forward -looking
statements. Investors should not rely on forward -looking statements because they are subject to a variety of risks, uncertainties and other
factors that could cause actual results to differ materially fr om Canyon's expectations, and expressly does not undertake any duty to update
forward-looking statements. These factors include, but are not limited to the following, limited operating history, proposed exploration and/or
drill programs and other factors which may cause the actual results, performance or achievements of Canyon to be materially different from any
future results, performance or achievements expressed or implied by such forward-looking statements.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATI ON 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.