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Source: District Copper Corp.
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  • District Copper (DCOP) has announced a non-brokered private placement for proceeds of up to $430,000
  • The company will issue up to 4,300,000 units at a price of $0.10 per unit
  • Proceeds will be used for general corporate purposes
  • District Copper is a Canadian company engaged in the acquisition and exploration of resource properties
  • District Copper Corp. (DCOP) opened trading at C$0.135 per share

District Copper (DCOP) has announced a non-brokered private placement for proceeds of up to $430,000.

The company will issue up to 4,300,000 units at a price of $0.10 per unit. Each unit consists of one share and one share purchase warrant which allows the holder to purchase one additional share at a price of $0.15.

The warrants expire two years from the closing of the private placement.

A finder’s fee of 7 per cent of the proceeds raised may be paid in cash or finder’s warrants.

The proceeds of the private placement will be used for general corporate purposes.

The private placement is subject to TSX Venture Exchange approval.

District Copper is a Canadian company engaged in the acquisition and exploration of resource properties.

District Copper Corp. (DCOP) opened trading at C$0.135 per share.

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