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Cascade Copper Corp. ( (TSE:CASC) ) just unveiled an announcement.
Cascade Copper Corp. has closed the final tranche of its oversubscribed non-brokered private placement, raising total gross proceeds of C$659,728 through the issuance of Critical Minerals Flow-Through and Non-Flow-Through units, each consisting of one common share and a half warrant exercisable over 36 months. The funds from flow-through shares will primarily support eligible critical mineral exploration expenditures on the company’s projects in Ontario and British Columbia, while non-flow-through proceeds will go toward general working capital, bringing Cascade’s total shares outstanding to 64,632,497 and underscoring continued insider support and funding for its exploration strategy.
More about Cascade Copper Corp.
Cascade Copper Corp. is a Vancouver-based exploration-stage natural resource company focused on the evaluation, acquisition and exploration of copper-based mineral properties. Its portfolio targets copper and gold porphyry and mesothermal deposits in British Columbia and VMS and BIF-style copper, gold and silver deposits in Ontario, with exploration programs leveraging modern technologies such as 3D geophysical inversion, LiDAR elevation models and AI-enhanced predictive modelling across five key projects, including Copper Plateau, Centrefire, Rogers Creek, Fire Mountain and Bendor.
Average Trading Volume: 179,342
Technical Sentiment Signal: Strong Buy
See more insights into CASC stock on TipRanks’ Stock Analysis page.