US Copper announces upsize of non-brokered private placement

2 hours ago 1

US Copper (TSXV:USCU:CA) on Friday said it has increased the size of its non-brokered private placement.
Pursuant to the upsize, the offering now consists of aggregate gross proceeds of up to $1.25M comprised of up to 12.5M units at a price of $0.10 per unit.
Each whole warrant will entitle the holder to purchase one common share for $0.15 at any time within 2 years after closing.
The company intends to use the proceeds of the offering for general working capital purposes.
Source: Press Release

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