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Enter Symbol
or Name
USA
CA



Cooper Minerals Inc
Symbol CQ
Shares Issued 44,019,220
Close 2011-04-21 C$ 0.28
Market Cap C$ 12,325,382
Recent Sedar Documents

ORIGINAL: Cooper closes acquisition of 60% Pakistan asset stake

2011-04-25 19:57 ET - News Release

Received by email:

File: 11.04.25 CQ PR - Closed Prty & PP.doc


April 25, 2011									TSX-V: CQ  

News Release 

Acquisition of Thermal Coal Properties in Pakistan and Close of Private Placement

Cooper Minerals Inc. (TSX-V:CQ) wishes to announce that it received acceptance from the TSX Venture Exchange with resp
--->ect to the option agreement with Gul Asghar Khan to acquire a 60% interest in certain thermal coal properties in Pakis
--->tan previously announced on September 3, 2010. Consideration for the option consists of cash payments totalling US$500
--->,000, incurring expenditures of US$2,000,000 on the properties over a three year period and the issuance of 4,000,000 
--->common shares.  

The Company has closed the transaction, paid US$500,000 and issued 4,000,000 shares to the optionor. All common shares
---> issued pursuant to this transaction are subject to a hold period expiring  August 22, 2011. 

The Company also completed the non-brokered private placement previously announced on September 3, 2010 through the is
--->suance of 22,000,000 units at a price of $0.05 per unit for gross proceeds of $1,100,000. Each unit consists of 1 comm
--->on share and 1 share purchase warrant having a five year term for the purchase of one further common share of the Comp
--->any at the exercise price of $0.10 per share in the first year, $0.15 per share in the second year, $0.20 per share in
---> the third year and $0.30 in the fourth and fifth year. The Company has paid finder's fee of a total of $65,200 in cas
--->h. All of the securities issued under the private placement are subject to a four-month hold period expiring August 22
--->, 2011. 


Cooper Minerals Inc.
"Simon Tam"
Simon Tam
President and Director



Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX 
--->Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. This news release shall n
--->ot constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction.



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