An announcement from Cascade Copper Corp. ( (TSE:CASC) ) is now available.
Cascade Copper Corp. has successfully closed the second tranche of its non-brokered private placement, raising $200,000 CDN. The funds will be used to finance exploration activities at the Centrefire Copper Project in Ontario. The offering, which included insider participation, is subject to regulatory approvals and involves the issuance of both Flow-Through and Non-Flow-Through Units, with the proceeds from the Flow-Through Shares designated for eligible exploration expenses. This financing move supports Cascade’s strategic focus on expanding its exploration efforts and potentially enhancing its market position in the natural resource sector.
More about Cascade Copper Corp.
Cascade Copper Corp. is an exploration stage natural resource company focused on the evaluation, acquisition, and exploration of mineral resource properties. The company aims to develop these properties into production if warranted. Cascade Copper is primarily engaged in exploring and developing quality exploration properties, with a particular focus on its flagship Rogers Creek Property in British Columbia, as well as other projects including the Centrefire Copper Project and the Copper Plateau Copper-Moly Project.
YTD Price Performance: -25.00%
Average Trading Volume: 69,670
Technical Sentiment Signal: Strong Buy
Learn more about CASC stock on TipRanks’ Stock Analysis page.