News Release – Vancouver, British Columbia – December 17, 2024: CopAur Minerals Inc. (“CopAur” or the “Company”) (TSXV: CPAU) (OTCQX:COPAF) announces a non-brokered private placement offering of up to 15,000,000 units (“Units”) at a price of $0.10 to raise gross proceeds of $1,500,000.

The placement will be made available to a limited number of strategic investors. Management will participate. No commissions will be paid.

Each Unit is comprised of one common share and one-half of one 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 $0.15 per share for a period of two years from the closing date, subject to abridgement of the exercise period (after the expiry of the 4 month hold period) with 30 days’ notice to the holders in the event that the closing price of the Company’s shares for 10 consecutive trading days exceeds $0.22.

The proceeds of the private placement will be used to settle debt and advance the companies projects and general working capital purposes.

The financing is subject to TSX Venture Exchange approval.

About CopAur

CopAur is an exploration company focused on developing projects within the emerging, mineral-rich mining regions of Nevada. The Company is backed by a dynamic and experienced team of resource professionals advancing its projects in Nevada with the flagship project being Kinsley Mountain Gold Project, a Carlin-style project located 90 kilometres south of the Long Canyon mine (currently in production under the Newmont/Barrick joint venture, Nevada Gold Mines).

 

For more information, please contact:

CopAur Minerals Inc.

Jeremy Yaseniuk, Chief Executive Officer & Director
Tel: +1 (604) 773-1467
Email: jeremyy@CopAur.com

 

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 news release.

 

Forward Looking Information

This news release contains forward-looking statements. These statements relate to future events or the Company’s future performance, including the Company’s plans to borrow the Loan and issue the Bonus Warrants, as well as the Company’s intention to complete the Kinsley Acquisition, including the obtaining and timing of TSXV approval. All such statements involve substantial known and unknown risks, uncertainties and other factors which may cause the actual results to vary from those expressed or implied by such forward-looking statements. Forward-looking statements involve significant risks and uncertainties, they should not be read as guarantees of future performance or results and they will not necessarily be accurate indications of whether or not such results will be achieved. Actual results could differ materially from those anticipated due to a number of factors and risks. Although the forward-looking statements contained in this news release are based upon what management of the Company believes are reasonable assumptions on the date of this news release, the Company cannot assure investors that actual results will be consistent with these forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof and the Company disclaims any intention or obligation to update or revised any forward-looking statements whether as a result of new information, future events or otherwise, except as required under applicable securities regulations.