NorthWest Copper Closes Financing Tranches to Boost Exploration

Northwest Copper ( (TSE:NWST) ) has provided an announcement.

NorthWest Copper Corp. has successfully closed the second tranche of its upsized non-brokered critical mineral flow through private placement financing, raising a total of $3.2 million out of the $3.5 million target. The company also completed a hard dollar placement for $0.475 million, indicating strong demand from investors. These funds will support NorthWest’s exploration drilling and metallurgical test work programs at Kwanika, potentially accelerating some drilling activities initially planned for 2026. This strategic move is expected to enhance the company’s exploration capabilities and strengthen its position in the critical minerals market.

More about Northwest Copper

NorthWest Copper Corp. operates in the mining industry, focusing on the exploration and development of copper and gold mineral resources. The company is primarily engaged in advancing its projects in British Columbia, Canada, with a market focus on critical minerals and higher-grade targets.

Average Trading Volume: 83,047

Technical Sentiment Signal: Sell

Current Market Cap: C$45.43M

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