Source: Northwest Copper Corp.
Market Herald logo

Find out more about this capital raise

Be the first with the news that moves the market
  • NorthWest Copper Corp. (NWST) has announced a non-brokered private placement for gross proceeds of up to $2,500,000
  • The company will issue up to 10,869,566 units at a price of $0.23 per unit
  • Proceeds will be used to fund general working capital purposes and exploration of the company’s portfolio of projects
  • NorthWest Copper is a new copper-gold explorer and developer with projects in B.C.
  • Northwest Copper Corp. (NWST) opened trading at C$0.245

NorthWest Copper Corp. (NWST) has announced a non-brokered private placement financing for gross proceeds of up to $2,500,000.

Under the offering, the company will issue up to 10,869,566 units at a price of $0.23 per unit. Each unit consists of one common share and one-half of one non-transferable share purchase warrant. Each whole warrant is exercisable to purchase one additional common share for a period of 2 years at a price of $0.30.

Proceeds will be used to fund general working capital purposes and exploration of the company’s portfolio of projects, including the Lorraine property. 

All securities issued are subject to an acceleration clause.

NorthWest Copper is a new copper-gold explorer and developer with a pipeline of projects in British Columbia.

Northwest Copper Corp. (NWST) opened trading at C$0.245.


More From The Market Herald

" Osisko Mining (TSX:OSK) announces $75 million private placement

Osisko Mining (OSK) will undertake a C$75 million bought-deal private placement.
Dolly Varden Silver Corporation - President & CEO, Shawn Khunkhun.

" Dolly Varden Silver (TSXV:DV) reports highest-grade silver assay found so far on the Kitsault Valley Property

Dolly Varden Silver Corporation (DV) discovered the highest-grade silver assay found so far on the Kitsault Valley Property.

" Millennial Potash (TSXV:MLP) announces $2M private placement of units

Millennial Potash Corp. (MLP) has announced a private placement for gross proceeds of $2 million.

" Black Tusk Resources (CSE:TUSK) acquiring PegaLith Project

Black Tusk Resources (TUSK) has signed a $361,000 share purchase agreement to acquire 1396427 BC Ltd.