06:22:57 EDT Tue 21 May 2024
Enter Symbol
or Name
USA
CA



Fabled Copper Corp (2)
Symbol FABL
Shares Issued 21,370,173
Close 2023-08-18 C$ 0.075
Market Cap C$ 1,602,763
Recent Sedar Documents

Fabled Copper settles $30,000 debt with 375,000 units

2023-08-18 11:16 ET - News Release

Mr. Peter Hawley reports

FABLED COPPER CLOSES DEBT SETTLEMENT AND TERMINATES PROPOSED ACQUISITION OF THE TJ PROPERTY

Fabled Copper Corp. closed, on Aug. 10, 2023, its previously announced debt settlement pursuant to which the company settled 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 consists of one common share and one common share purchase warrant. Each warrant entitles the holder thereof to acquire one common share at the price of 12 cents per share for a period of 24 months from closing.

The securities issued in connection with the debt settlement are subject to a statutory hold until Dec. 11, 2023.

TJ property

The company also announces that it will not be further pursuing the acquisition of the TJ property and that the letter of intent announced in the company's press release dated Dec. 19, 2022, has expired.

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.

We seek Safe Harbor.

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