Cascade Copper Raises C$600,000 in First Tranche of Oversubscribed Private Placement

Cascade Copper Corp. ( (TSE:CASC) ) just unveiled an update.

Cascade Copper Corp. has closed the first tranche of its oversubscribed non-brokered private placement, raising C$600,000 through a mix of critical minerals flow-through and non-flow-through units, each including one share and half a warrant exercisable at C$0.05 over 36 months. The funding, which included insider participation under MI 61-101 exemptions and remains subject to final regulatory approvals, will support critical mineral exploration expenditures at the company’s Ontario and British Columbia projects and provide general working capital, leaving Cascade with just over 63 million shares outstanding and reinforcing its ability to advance multiple copper-focused exploration programs.

More about Cascade Copper Corp.

Cascade Copper Corp. is an exploration-stage natural resource company focused on copper, gold and silver deposits in Canada. The company targets copper and gold porphyry and mesothermal systems in British Columbia and VMS and BIF-style copper-gold-silver deposits in Ontario, advancing five key projects including Copper Plateau, Centrefire, Rogers Creek, Fire Mountain and Bendor. Cascade emphasizes the use of modern exploration technologies such as 3D inversion geophysical modelling, LiDAR-based elevation models and AI-enhanced predictive modelling to guide drill programs across its portfolio.

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Technical Sentiment Signal: Buy

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