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CAPITALIGHT ANNOUNCES PRIVATE PLACEMENT - DIRECTOR TAKES LEAD ORDER OF $1 MILLION
CAPITALIGHT ANNOUNCES PRIVATE PLACEMENT - DIRECTOR TAKES LEAD ORDER OF $1 MILLION Canad...
About this update from Cupani Metals Corp.
[{"type":"text","content":"\n\n\n\n CAPITALIGHT ANNOUNCES PRIVATE PLACEMENT - DIRECTOR TAKES LEAD ORDER OF $1 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 /NOT FOR DISTRIBUTION TO\n \n UNITED STATES\n \n NEWS WIRE SERVICES OR FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n ./\n \n\n\n\n TORONTO\n \n ,\n \n Aug. 7, 2024\n \n /CNW/ -\n \n IC Capitalight Corp. (\"Capitalight\" or the \"Company\") (Canadian Securities Exchange: IC)\n \n is pleased to announce its intention to raise up to an aggregate of\n \n $2,000,000\n \n via the issuance of Common shares in the capital of the Company (\"\n \n Common Shares\n \n \") and flow-through shares (the \"\n \n Offerings\n \n \").\n \n\n\n\n\n\n\n\n Exploration geoscientist and Capitalight director,\n \n Douglas MacQuarrie\n \n , is the lead buyer for the Offerings. Capitalight intends to use the net proceeds of the LIFE Offering (as defined below) for onsite work at its 100% owned Blue Lake exploration project (the \"\n \n Blue Lake Copper Project\n \n \") and for general working capital purposes as set out in the Offering Document (as defined below) related to the LIFE Offering. Assuming both the minimum and maximum amounts raised under the FT Offering (as defined below), the proceeds will be used to incur exploration expenses on the Blue Lake Copper Project.\n \n\n Further information can be found about the Blue Lake Copper Project on the Company's website at\n \n www.capitalight.co\n \n ., on our recent online management presentation\n \n LINKED HERE\n \n , in our 7% copper assay press release\n \n LINKED HERE\n \n , and our press release about\n \n 702 recently staked claims on a copper anomaly\n \n\n LINKED HERE\n \n .\n \n\n\n LIFE Offering\n \n\n\n A portion of the Offering will be conducted pursuant to the issuance of a minimum of 5,000,000 Common Shares and a maximum of up to 12,500,000 Common Shares (the \"\n \n LIFE Offering\n \n \") at a price of\n \n $0.08\n \n per Common Share. The LIFE Offering is subject to a minimum subscription amount of\n \n $1,000\n \n .\n \n...