05:14:05 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Copper Lake Resources Ltd
Symbol CPL
Shares Issued 219,987,416
Close 2022-11-11 C$ 0.075
Market Cap C$ 16,499,056
Recent Sedar Documents

Copper Lake Resources private placement

2022-11-14 16:12 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Aug. 12, 2022, and Sept. 6, 2022.

Number of shares:  5.9 million flow-through shares and 10,820,655 non-flow-through shares

Purchase price:  10 cents per flow-through share and nine cents per non-flow-through share

Warrants:  13,770,655 share purchase warrants to purchase 13,770,655 shares

Warrant exercise price:  15 cents for a three-year period, subject to an accelerated expiry

Number of placees:  40 placees

Aggregate existing insider involvement:   two placees, 450,000

Finder's fee:  $57,137, 616,195 warrants

Finder's warrants terms:  Each warrant entitles the holder to purchase one common share at the price of 15 cents for period of three years from the date of issuance.

The company issued a news release on Oct. 14, 2022, confirming the closing of the private placement.

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