Copper Road to Raise Up to $650,000 for Ben Nevis Exploration

An update from Stone Gold Inc. ( (TSE:CRD) ) is now available.

Copper Road Resources Inc. has launched a non-brokered private placement of up to 5,652,174 critical mineral flow-through common shares at $0.115 per share to raise as much as $650,000. The company plans to use the proceeds to fund qualifying Canadian exploration expenditures on its Ben Nevis Property in Ontario, with the tax benefits of the flow-through structure to be renounced to subscribers by the end of 2026.

The financing, which may include participation by insiders and payment of finder’s fees, remains subject to TSX Venture Exchange and other regulatory approvals and will carry a standard four-month-plus-one-day hold period. Management framed the raise as a step forward in advancing Copper Road’s critical minerals strategy amid rising demand for copper and related metals linked to Canada’s energy transition and broader decarbonization efforts.

More about Stone Gold Inc.

Copper Road Resources Inc. is a Toronto-based mineral exploration company listed on the TSX Venture Exchange, focused on critical minerals such as copper in Canada. Its current exploration activities are centered on the Ben Nevis Property in Ontario, aligning its portfolio with metals viewed as essential to the country’s energy transition and global decarbonization trends.

Average Trading Volume: 182,289

Technical Sentiment Signal: Buy

Current Market Cap: C$11.97M

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