04:51:29 EST Thu 15 Jan 2026
Enter Symbol
or Name
USA
CA



Copper Giant Resources Corp
Symbol CGNT
Shares Issued 149,574,512
Close 2026-01-14 C$ 0.68
Market Cap C$ 101,710,668
Recent Sedar Documents

Copper Giant closes $12-million private placement

2026-01-15 01:52 ET - News Release

Mr. Ian Harris reports

COPPER GIANT ANNOUNCES CLOSING OF NON-BROKERED PRIVATE PLACEMENT OF UNITS

Copper Giant Resources Corp. has closed its previously announced non-brokered private placement for aggregate gross proceeds of $12-million.

Pursuant to the offering, the company issued an aggregate of 30 million units at a price of 40 cents per unit. Each unit consists of one common share of the company and one-half of one common share purchase warrant. Each warrant is exercisable to acquire one share at an exercise price of 60 cents per share until Jan. 14, 2029.

All securities issued in connection with the offering are subject to a statutory hold period expiring on May 15, 2026, in accordance with applicable securities laws and the policies of the TSX Venture Exchange.

The net proceeds from the offering will be used for working capital and general corporate purposes.

In connection with the offering, the company paid aggregate finders' fees of $585,450 in cash and issued an aggregate of 1,463,625 non-transferable finder warrants to certain eligible parties, in accordance with applicable securities laws and the policies of the exchange, including cash finders' fees of $418,299 to Integrity Capital Group, $45,240 to Canaccord Genuity Corp., $19,431 to Haywood Securities Inc., $360 to Research Capital Corp., $3,060 to Ventum Financial Corp. and $99,060 to Red Cloud Securities Inc., and the issuance of 1,215,975 finder warrants to Integrity Capital Group and 247,650 finder warrants to Red Cloud Securities. Each finder warrant entitles the holder to purchase one common share of the company at an exercise price of 60 cents per share until Jan. 14, 2029.

Certain insiders of the company participated in the offering and acquired an aggregate of 5.5 million units. The participation of such insiders constitutes a related party transaction within the meaning of Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. The issuance of units to insiders is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as the transaction constitutes a distribution of securities for cash and the fair market value of the units issued to, and the consideration paid by, such insiders did not exceed 25 per cent of the company's market capitalization. No new insiders were created, nor did any change of control occur, as a result of the first tranche of the financing.

The offering remains subject to final acceptance of the exchange.

About Copper Giant Resources Corp.

Copper Giant Resources is part of the Fiore Group, a private and well-established Canadian organization known for building successful, high-impact companies across the natural resource sector. Copper Giant was formed with a singular focus: to advance high-quality copper projects beyond resource definition -- responsibly, efficiently and with long-term positive impact.

The company is led by a team with uncommon experience, having successfully taken some of the few major copper mines developed in the past two decades from discovery through to construction.

Copper Giant's current focus is the Mocoa copper-molybdenum deposit in southern Colombia, one of the largest undeveloped resources of its kind in the Americas. Recent exploration success has revealed potential well beyond its original footprint, highlighting Mocoa as a broader district-scale opportunity -- and the catalyst for the company's name and evolution.

Guided by the values of respect and responsibility and grounded in its good-neighbour philosophy, Copper Giant is committed to creating enduring values for all stakeholders and playing a meaningful role in the global energy transition.

We seek Safe Harbor.

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