Vancouver, British Columbia – April 13, 2023 – CopAur Minerals Inc. (the “Company” or “CopAur”) (TSX-V:CPAU) Is pleased to announce that, due to the high level of interest from investors, the non- brokered private placement announced on March 22, 2023 will now consist of up to 6,000,000 units of its securities (“Units”) at a price of $0.50 per Unit for gross proceeds to the Company of up to $3 million. Each Unit will be comprised of one common share and one-half of one transferable share purchase warrant (“Warrant”). Each whole Warrant will entitle the holder to acquire an additional common share of the Company at an exercise price of $0.75 per share for a period of two years from the closing date of the private placement.
CEO Jeremy Yaseniuk commented, “We are very pleased to be able to increase this placement because of strong demand. It is also helpful that gold has passed through the psychological level of $2000 per oz for several trading sessions. We are very excited to be drilling our Kinsley Mountain High Grade target.”
The proposed terms of the private placement and use of proceeds are otherwise as previously disclosed in the Company’s news release dated March 22, 2023. All securities issued under the private placement will be subject to a four month hold period, in accordance with applicable Canadian securities laws.
On Behalf Of The Board Of Directors,
Chief Executive Officer
For further information, please contact:
CopAur Minerals Inc.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.