Business

Copper Quest Closes $1,927,000 Private Placement

// Not for distribution to the United States newswire services or for dissemination in the United States // VANCOUVER, British Columbia, Dec. 05, 2025 (GLOBE NEWSWIRE) -- Copper Quest Exploration Inc. (CSE: CQX; FRA: 3MX) (“Copper Quest” or the “Company”) is pleased to announce that, further to its news release dated December 1, 2025, it has issued an aggregate of 10,142,104 flow-through shares of the Company (the "FT Shares", and each, a "FT Share") at a price of $0.19 per FT Share for aggregat

articleCopper Quest Exploration Inc.December 5, 20257/company/copper-quest-exploration-inc/news/copper-quest-closes-dollar1927000-private-placement
Copper Quest Closes $1,927,000 Private Placement

About this update from Copper Quest Exploration Inc.

[{"type":"image","alt":"Copper Quest Exploration Inc.","displaySize":"","headline":null,"caption":"Copper Quest Exploration Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":155,"height":89,"url":"https://media.zenfs.com/en/globenewswire.com/354a64bd891a44b5a8e5255cdb698427"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/fnsbQrd5odBoI0YdAE.FNA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIxMDtoPTEyMTtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/354a64bd891a44b5a8e5255cdb698427","width":155,"height":89}},"lazy":false},{"type":"text","content":"// Not for distribution to the United States newswire services or for dissemination in the United States //","length":107,"tagName":"p"},{"type":"text","content":"VANCOUVER, British Columbia, Dec. 05, 2025 (GLOBE NEWSWIRE) -- Copper Quest Exploration Inc. (CSE: CQX; FRA: 3MX) (“Copper Quest” or the “Company”) is pleased to announce that, further to its news release dated December 1, 2025, it has issued an aggregate of 10,142,104 flow-through shares of the Company (the "FT Shares", and each, a "FT Share") at a price of $0.19 per FT Share for aggregate gross proceeds of $1,927,000 in connection with its previously announced fully subscribed non-brokered private placement (the "Private Placement").","length":571,"tagName":"p"},{"type":"text","content":"Each FT Share constitutes a “flow-through share” within the meaning of the Income Tax Act (Canada) (the "Tax Act") and the gross proceeds of the Private Placement 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 Copper Quest's projects in British Columbia.","length":484,"tagName":"p"},{"type":"text","content":"Brian Thurston, President & CEO of Copper Quest, commented: “The team has spent the last 12 months building Copper Quest to be a standout junior explorer holding seven quality projects including the recent acquisitions of Stars, Stellar, Nekash, and pending Kitimat and Alpine. It is now time for the Company to grow shareholder value through advancing these properties through work on the ground and drilling. These funds will allow us advance multiple properties in 2026 while we contin...

More updates from Copper Quest Exploration Inc.

private placementThe CompanyCopper Quest Exploration Inc.CompanyQuestsecurities lawsCopper Quest