17:24:28 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Interra Copper Corp (2)
Symbol IMCX
Shares Issued 27,571,997
Close 2023-12-21 C$ 0.17
Market Cap C$ 4,687,239
Recent Sedar Documents

Interra closes $255,200 final tranche of financing

2023-12-22 14:37 ET - News Release

Mr. Rick Gittleman reports

INTERRA COPPER CLOSES FINAL ROUND OF FLOW-THROUGH PRIVATE PLACEMENT FINANCING

Further to its news releases of Dec. 7, 2023, Dec. 15, 2023, and Dec. 19, 2023, Interra Copper Corp. has closed the final round of its flow-through private placement financing, issuing an aggregate of 880,000 flow-through shares of the company at a price of 29 cents per flow-through share for aggregate gross proceeds of $255,200. This final round was part of a larger offering, of which the first round closed Dec. 15, 2023, at which time an aggregate of 3,041,397 flow-through shares of the company were issued, generating proceeds of $882,005. Together, the first-round and final-round issuances have raised an aggregate of $1,137,205 in gross proceeds.

Each flow-through share constitutes a flow-through share within the meaning of the Income Tax Act (Canada) and the proceeds will be used by the company for exploration and related programs, which qualify as Canadian exploration expenses and flow-through critical mineral mining expenditures, as such terms are defined in the tax act, in connection with Interra's projects in British Columbia.

All securities issued pursuant to the final round are subject to a statutory four-month hold period expiring April 23, 2024.

We seek Safe Harbor.

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