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CopAur Minerals ( (TSE:CPAU) ) has shared an update.
CopAur Minerals Inc. has successfully closed a non-brokered private placement, raising $1,483,000 through the issuance of 14,830,000 units. The funds will be used to settle debt, advance company projects, and for general working capital. CEO Jeremy Yaseniuk’s significant participation in the placement highlights management’s commitment, and the transaction is exempt from certain regulatory requirements due to its scale relative to CopAur’s market capitalization. This development is expected to strengthen the company’s financial position and support its ongoing exploration activities in Nevada.
More about CopAur Minerals
CopAur Minerals is an exploration company focused on developing projects within Nevada’s mineral-rich mining regions. The company is spearheaded by an experienced team and is advancing its flagship project, the Kinsley Mountain Gold Project, a Carlin-style venture located near the Long Canyon mine.
YTD Price Performance: 10.0%
Average Trading Volume: 74,372
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$6.82M
Find detailed analytics on CPAU stock on TipRanks’ Stock Analysis page.