Vancouver, British Columbia — January 27, 2025: CopAur Minerals Inc. (the “Company”) (CPAU: TSX-V) announces that it has completed its previously announced debt settlement (see news release dated January 23, 2025) with an arm’s length creditor to settle $500,000 of indebtedness owing under an existing $1,000,000 principal loan agreement (the “Loan”). The Company repaid a total of $508,876.71 in principal and accrued interest in cash and issued 5,000,000 common shares at a deemed issue price of $0.10 per common share and 2,500,000 common share purchase warrants of the Company’s securities (“Warrants”), in full satisfaction of the Loan. Each Warrant is exercisable for a period of two years from issuance (subject to accelerated expiry under specified circumstances) at an exercise price of $0.15 to acquire one common share.
All common shares and Warrants (and underlying securities) issued are subject to a hold period that will expire on the date that is four months and one day from the date of issue.
About CopAur
CopAur is a Metals Group exploration company focused on developing projects in the United States 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).
ON BEHALF OF THE BOARD OF COPAUR MINERALS INC.
Jeremy Yaseniuk, Chief Executive Officer
For more information, please contact:
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.