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COPPER GIANT ANNOUNCES CLOSING OF PUBLIC OFFERING OF UNITS FOR GROSS PROCEEDS OF C$5.8 MILLION
COPPER GIANT ANNOUNCES CLOSING OF PUBLIC OFFERING OF UNITS FOR GROSS PROCEEDS OF C$5.8 MILLION ...
About this update from Copper Giant Resources Corp
[{"type":"text","content":"\n\n\nCOPPER GIANT ANNOUNCES CLOSING OF PUBLIC OFFERING OF UNITS FOR GROSS PROCEEDS OF C$5.8 MILLION\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\nCanada NewsWire\n\n\n/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/\nVANCOUVER, BC, Nov. 10, 2025 /CNW/ - Copper Giant Resources Corp. (\"Copper Giant\" or the \"Company\") (TSXV: CGNT) (OTCQB: LBCMF) is pleased to announce the closing of its previously announced \"best efforts\" public offering (the \"Offering\") for gross proceeds of C$5,750,276, which includes the full exercise of the Agents' (as defined herein) over-allotment option. Under the Offering, the Company sold 20,536,700 units of the Company (each, a \"Unit\") at a price of C$0.28 per Unit (the \"Offering Price\"). Red Cloud Securities Inc. (\"Red Cloud\"), as lead agent and sole bookrunner, and Research Capital Corporation (collectively with Red Cloud, the \"Agents\") acted as agents in connection with the Offering.\n\n\n\n\n\n\n\nEach Unit consists of one common share in the capital of the Company and one common share purchase warrant (each, a \"Warrant\"). Each Warrant entitles the holder to purchase one common share in the capital of the Company at a price of C$0.40 at any time on or before November 10, 2028.\nThe net proceeds from the Offering will be used by the Company for the exploration and advancement of the Company's Mocoa copper-molybdenum project in southern Colombia as well as for working capital and general corporate purposes.\nThe Offering was completed pursuant to a prospectus supplement (the \"Supplement\") filed in each of the provinces and territories of Canada (except Quebec) and dated November 3, 2025 that supplemented the Company's short form base shelf prospectus dated November 29, 2024 (the \"Shelf Prospectus\"). The Offering remains subject to the final approval of the TSX Venture Exchange (the \"TSXV\").\nIn consideration for their services in connection with the Offering, the Agents received a total cash commission of C$328,216.56 and were issued...