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CopAur Minerals ( (TSE:CPAU) ) has issued an update.
CopAur Minerals Inc. has announced a debt settlement agreement with a creditor to settle $500,000 of a $1,000,000 loan through the issuance of 5,000,000 common shares and 2,500,000 common share purchase warrants. The remaining balance and accrued interest will be paid in cash upon maturity. This settlement reflects the company’s strategic move to manage its financial obligations while focusing on its core exploration projects in Nevada. The transaction is subject to approval by the TSX Venture Exchange, and all issued securities will be subject to a mandatory hold period.
More about CopAur Minerals
CopAur Minerals is an exploration company focused on developing projects within the emerging, mineral-rich mining regions of Nevada. The company is led by a dynamic team of resource professionals and is primarily focused on its flagship project, the Kinsley Mountain Gold Project, a Carlin-style project situated 90 kilometers south of the Long Canyon mine in Nevada.
YTD Price Performance: 10.0%
Average Trading Volume: 74,372
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$6.82M
See more insights into CPAU stock on TipRanks’ Stock Analysis page.
