08:30:20 EDT Tue 21 May 2024
Enter Symbol
or Name
USA
CA



Fabled Copper Corp (2)
Symbol FABL
Shares Issued 21,370,173
Close 2023-08-01 C$ 0.085
Market Cap C$ 1,816,465
Recent Sedar Documents

Fabled Copper to settle $30,000 in debt with units

2023-08-02 14:00 ET - News Release

Mr. Peter Hawley reports

FABLED COPPER AGREES DEBT SETTLEMENT

Fabled Copper Corp. is proposing to enter into a debt settlement agreement with a consultant, pursuant to which the company will agree to settle an aggregate amount of $30,000 in outstanding debt in exchange for the issuance of 375,000 units at a price of eight cents per unit.

Each Unit will consist of one common share (each a "Common Share") and one common share purchase warrant (each a "Warrant"). Each Warrant entitles the holder thereof to acquire one Common Share at the price of $0.12 per share for a period of 24 months from closing.

The securities issued in connection with the Debt Settlement will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation.

Pursuant to the policies of the Canadian Securities Exchange, the Debt Settlement will close five business days from the date of this press release.

About Fabled Copper Corp.

Fabled is a junior mining exploration company. Its current focus is to creating value for stakeholders through the exploration and development of its existing drill ready copper properties located in northern British Columbia. The Company's current property package consists of the Muskwa Project and the Bronson Property and comprises approximately 16,219 hectares in three non-contiguous blocks and located in the Liard Mining Division in northern British Columbia.

The Company is seeking to broaden and diversify its portfolio. The Company has acquired the VOLT 2 lithium Property, located in Miquelon, Quebec and has options to acquire the OHM Property, located in Val D'Or, Quebec and the VOLT 1 Property located in the Miquelon, Quebec. The Company is also seeking to add an additional high grade gold and silver property, the TJ Ridge Property in British Columbia for which it has entered into a letter of intent.

We seek Safe Harbor.

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