Canadian Copper, Inc. (TSE:CCI) has released an update.
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Canadian Copper Inc. has announced a second extension for Raptor Resources Ltd.’s IPO and ASX listing, along with an increased accelerated cash payment from Raptor as part of the Turgeon Project Sale Agreement. The revised deal includes a non-refundable advance of $50,000 and a final IPO completion deadline of September 27, 2024. CEO Simon Quick highlighted the significant contribution of non-dilutive capital to the company from this non-core asset sale.
For further insights into TSE:CCI stock, check out TipRanks’ Stock Analysis page.