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COPPER GIANT ANNOUNCES PUBLIC OFFERING OF UNITS FOR GROSS PROCEEDS OF UP TO C$5 MILLION
COPPER GIANT ANNOUNCES PUBLIC OFFERING OF UNITS FOR GROSS PROCEEDS OF UP TO C$5 MILLION C...
About this update from Copper Giant Resources Corp
[{"type":"text","content":"\n\n\nCOPPER GIANT ANNOUNCES PUBLIC OFFERING OF UNITS FOR GROSS PROCEEDS OF UP TO C$5 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, Oct. 30, 2025 /CNW/ - Copper Giant Resources Corp. (\"Copper Giant\" or the \"Company\") (TSXV: CGNT) (FRA: 29H0) is pleased to announced that it has entered into an agreement with Red Cloud Securities Inc. (\"Red Cloud\") to act as lead agent and sole bookrunner, on behalf of a syndicate of agents (the \"Agents\"), in connection with a \"best efforts\" public offering (the \"Marketed Offering\") for the sale of up to 17,858,000 units of the Company (each, a \"Unit\") at a price of C$0.28 per Unit (the \"Offering Price\") for aggregate gross proceeds of up to C$5,000,240.\n\n\n\n\n\n\n\nEach Unit will consist of one common share in the capital of the Company and one common share purchase warrant (each, a \"Warrant\"). Each Warrant shall entitle 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 that date which is 36 months after the Closing Date (as herein defined).\nThe Company has granted to the Agents an option (the \"Over-Allotment Option\", and together with the Marketed Offering, the \"Offering\"), exercisable, in whole or in part, at any time for a period of up to 30 days after and including the Closing Date, to sell the number of additional Units equal to up to 15% of the number of Units sold pursuant to the Marketed Offering at the Offering Price to cover over allotments, if any, and for market stabilization purposes.\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.\nIn connection with the Offering, the Company intends to file a prospectus supplement (the \"Supplement\") to the Company's short form base shelf pros...