CUPANI Metals Launches $4 Million Private Placement for Copper Exploration

Cupani Metals ( (TSE:CUPA) ) has shared an update.

CUPANI Metals Corp. announced a non-brokered private placement to raise up to $4 million to fund its copper exploration and drilling activities. The funds will support the company’s Blue Lake/Retty Lake exploration project and general working capital, with the offering expected to close by June 12, 2025, pending regulatory approvals.

The most recent analyst rating on (TSE:CUPA) stock is a Buy with a C$0.70 price target. To see the full list of analyst forecasts on Cupani Metals stock, see the TSE:CUPA Stock Forecast page.

More about Cupani Metals

CUPANI Metals Corp. is a company focused on providing shareholders with long-term capital growth through investments in mineral exploration properties. The company is listed on the Canadian Securities Exchange under the symbol ‘CUPA’.

Average Trading Volume: 64,231

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$19.93M

For a thorough assessment of CUPA stock, go to TipRanks’ Stock Analysis page.