Cascade Copper Closes Final Tranche of Oversubscribed Private Placement

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[{"type":"text","content":"Cascade Copper Closes Final Tranche of Oversubscribed Private Placement\n(TheNewswire)\n\n\nTHIS NEWS RELEASE\nIS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION\nIN THE UNITED STATES\n\n\n\n\n\nVancouver, British Columbia\n– TheNewswire - December 23, 2025. Cascade Copper Corp. (CSE:\n“CASC”) (“Cascade” or\nthe “Company”) is pleased\nto announce that it has closed the final tranche of its previously announced non-brokered private\nplacement of units (“Units”), for aggregate gross proceeds of $659,728 (CDN)\n(the “Offering”).  The\nOffering has closed in two tranches.\n\n\nThe Offering consisted of the issuance of an aggregate\nof 8,462,500 Critical Minerals Flow-Through units (the “FT Unit”) at a\nprice of $0.04 per FT Unit and 8,923,002 Non-Flow-Through Units (the\n“NFT Units”) at a price of $0.036 per NFT Unit. Each FT Unit and NFT\nUnit is comprised of one common share and one-half common share\npurchase warrant (the “Warrant”). Each full Warrant is exercisable\ninto a common share at a price of $0.05 for a period of 36 months from\nthe closing of each tranche of the Offering (the\n“Closing Date”). \n\n\nThe Offering is subject to all necessary regulatory\napprovals, including acceptance from the Canadian Securities Exchange.\nAll securities issued in connection with the Offering will be subject\nto a four-month hold period from the closing date under applicable\nCanadian securities laws, in addition to such other restrictions as\nmay apply under applicable securities laws of jurisdictions outside\nCanada.\n\n\nSubscribers in the Offering included insider\nparticipation (the “Insiders”). The issuance of Units to the\nInsiders constitutes a related party transaction within the meaning of\nMultilateral Instrument 61-101 – Protection of Minority\nSecurityholders in Special Transactions (“MI 61-101”). The Company\nis relying on the exemption from the valuation requirement and\nminority approval pursuant to subsection 5.5(a) and 5.7(1)(a) of MI\n61-101, respectively, for the Insiders participation in the Offering,\nas the value of the Units subscribed for do not represent more than\n25% of the Company’s market capitalization, as dete...

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