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CopAur Minerals ( (TSE:CPAU) ) has provided an announcement.
CopAur Minerals Inc. has successfully completed a debt settlement with an arm’s length creditor, repaying $508,876.71 in cash and issuing 5,000,000 common shares and 2,500,000 share purchase warrants to settle $500,000 of indebtedness under a $1,000,000 loan agreement. This settlement allows CopAur to strategically manage its financial obligations, potentially strengthening its financial position as it continues to advance its projects in the Nevada mining region.
More about CopAur Minerals
CopAur Minerals is a Metals Group exploration company focused on developing projects in the mineral-rich mining regions of Nevada, United States. The company’s flagship project is the Kinsley Mountain Gold Project, a Carlin-style project located near the Long Canyon mine, which is currently in production under the Newmont/Barrick joint venture, Nevada Gold Mines.
YTD Price Performance: 28.57%
Average Trading Volume: 79,783
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$8.36M
For a thorough assessment of CPAU stock, go to TipRanks’ Stock Analysis page.