Alpha Copper Corp (TSE:ALCU) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Alpha Copper Corp. has secured unsecured loans totaling $350,000 to fund property payments and general working capital needs. The loans, bearing a 12% annual interest rate and maturing in 12 months, will also lead to the issuance of 290,000 Bonus Shares to lenders, subject to regulatory approval and a statutory hold period. The Vancouver-based company is known for its focus on developing copper resource assets in stable regions and recently acquired options to further expand in British Columbia and the Yukon.
For further insights into TSE:ALCU stock, check out TipRanks’ Stock Analysis page.
