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CopperEx Secures Loan and Plans Private Placement

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CopperEx Resources Corporation (TSE:CUEX) has released an update.

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CopperEx Resources Corp. has announced a US$12.5 million unsecured loan to advance its mineral projects in Chile and Peru, with a favourable three-year initial interest moratorium. Additionally, the company aims to raise $1 million through a non-brokered private placement, intending to fund exploration activities and provide general working capital.

For further insights into TSE:CUEX stock, check out TipRanks’ Stock Analysis page.

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