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COPPER GIANT ANNOUNCES UPSIZE OF PUBLIC OFFERING OF UNITS FOR GROSS PROCEEDS OF UP TO C$7.5 MILLION
COPPER GIANT ANNOUNCES UPSIZE OF PUBLIC OFFERING OF UNITS FOR GROSS PROCEEDS OF UP TO C$7.5 MILLI...
About this update from Copper Giant Resources Corp
[{"type":"text","content":"\n\n\n\n COPPER GIANT ANNOUNCES UPSIZE OF PUBLIC OFFERING OF UNITS FOR GROSS PROCEEDS OF UP TO C$7.5 MILLION\n \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\n\n Canada NewsWire\n \n\n\n\n\n\n /NOT FOR DISTRIBUTION TO\n \n UNITED STATES\n \n NEWSWIRE SERVICES OR FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n /\n \n\n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n July 15, 2025\n \n\n /CNW/ - Copper Giant Resources Corp. (\"\n \n Copper Giant\n \n \" or the \"\n \n Company\n \n \") (TSXV: CGNT) (OTCQB: LBCMF) (FRA: 29H0) is pleased to announce that as a result of strong investor demand, the Company has increased the size of its previously announced \"best efforts\" public offering (the \"\n \n Marketed Offering\n \n \") from aggregate gross proceeds of up to\n \n C$5,000,000\n \n to aggregate gross proceeds of up to\n \n C$7,500,000\n \n . The upsize Marketed Offering is comprised of the sale of up to 37,500,000 units of the Company (each, a \"\n \n Unit\n \n \") at a price of\n \n C$0.20\n \n per Unit (the \"\n \n Offering Price\n \n \").\n \n\n\n\n\n\n\n\n\n Each Unit will consist of one common share in the capital of the Company and one common share purchase warrant (each, a \"\n \n Warrant\n \n \"). Each Warrant shall entitle the holder to purchase one common share in the capital of the Company at a price of\n \n C$0.28\n \n at any time on or before that date which is 24 months after the Closing Date (as herein defined).\n \n\n Red Cloud Securities Inc. (\"\n \n\n Red Cloud\n \n\n \") is acting as lead agent and sole bookrunner with Research Capital Corporation as co-agent (collectively, the \"\n \n Agents\n \n \") in connection with the Offering. The Company has granted to the Agents an option (the \"\n \n Over-Allotment Option\n \n \", and together with the Marketed Offering, the \"\n \n Offering\n \n \"), 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 Offerin...