Granite Creek Copper Secures $1.5 Million Financing

Granite Creek Copper Ltd. (TSE:GCX) has released an update.

Granite Creek Copper Ltd. has successfully completed a private placement financing round, raising $1.5 million through the issuance of 37.5 million units at $0.04 each, which include share purchase warrants exercisable at $0.07 for two years. This strategic move, aimed at bolstering working capital, witnessed participation from company officers and directors, underscoring internal confidence in the firm’s growth prospects. The financing, subject to TSX Venture Exchange approval, also involved paying commissions and issuing finder’s warrants to eligible parties.

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