Interra Copper Completes Key Investment Round

Interra Copper Corp (TSE:IMCX) has released an update.

Interra Copper Corp. has successfully completed the first tranche of its non-brokered private placement, raising $145,000 by issuing 725,000 units at $0.20 each, with proceeds aimed at funding exploration and general corporate activities. Each unit includes a common share and half a share purchase warrant, convertible into an additional share at $0.35. The company’s insiders contributed $65,000 to the placement, highlighting their commitment to Interra’s growth.

For further insights into TSE:IMCX stock, check out TipRanks’ Stock Analysis page.