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An announcement from Excelsior Mining ( (TSE:GCU) ) is now available.
Gunnison Copper Corp. has announced an increase in its non-brokered private placement to C$8.745 million due to strong investor demand. The proceeds will fund additional work at the Gunnison Copper Project, including drilling and metallurgical testing for a pre-feasibility study, and cover administrative expenses. The offering is set to close on July 17, 2025, pending regulatory approvals, and will be available to Canadian and offshore investors under specific exemptions.
More about Excelsior Mining
Gunnison Copper Corp. is a multi-asset pure-play copper developer and producer located in the Southern Arizona Copper Belt. The company controls the Cochise Mining District, which contains 12 known deposits within an 8 km economic radius. Gunnison focuses on producing fully Made in America finished copper cathode to supply American energy, defense, and manufacturing supply chains. The company emphasizes local hiring, purchasing, and selling, while investing in its employees and communities. Gunnison operates safely and responsibly, prioritizing technology and societal impact, and aims for long-term value creation for stakeholders.
Average Trading Volume: 378,259
Technical Sentiment Signal: Buy
Current Market Cap: C$96.45M
See more insights into GCU stock on TipRanks’ Stock Analysis page.