CopperBank Announces Close of Non-Brokered Private Place-Ment & Joey Wilkins to Technical Advisory

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[{"type":"text","content":"CopperBank Announces Close of Non-Brokered Private Place-Ment & Joey Wilkins to Technical AdvisoryVANCOUVER, BC / ACCESSWIRE / May 13, 2020 / CopperBank Resources Corp. (\"CopperBank\" or the \"Company\") (CSE:CBK)(OTC PINK:CPPKF)(FRA:9CP) is pleased to announce it has closed a non-brokered private placement. The private placement consisted of the issuance of 1,350,000 shares, at a price of $0.06, for a total of $81,000. No finder's fees were paid as part of this private placement.CopperBank CEO Gianni Kovacevic comments on the financing: \"This top-up financing is in the spirit of our previous cash injections, above the market and without the issuance of warrants. Our 100 percent owned advanced stage development Copper Creek and Contact Projects both have modest holding costs and continue to garner considerable third-party interest. It would require in excess of USD $100 million to duplicate the work programs, land acquisitions and historical technical reports completed on the projects. CopperBank remains well positioned to advance our Projects systematically while further considering the impact of dilution to our stakeholders.\"The Company also reports that Joseph Wilkins has joined its Technical Advisory Group. Based in Tucson, Arizona, Mr. Wilkins has worked as a geologist for thirty-four years, including twenty-three years with various entities of Rio Tinto Exploration (Kennecott Exploration and US Borax). A graduate in Geoscience from the University of Arizona, Mr. Wilkins has extensive experience in exploration for porphyry copper worldwide, Au-Ag epithermal deposits, Ni-Cu-PGM deposits, and borate deposits. He was based in Mexico for six years with an emphasis on porphyry type systems including work on Penasquito and peripheral to Cananea. Later, he led brownfield or ‘near mine' exploration peripheral to Bingham Canyon in Utah which ultimately led to the discovery of deep and high grade Cu-Mo ore bodies. Mr. Kovacevic comments: \"Joey has been to all of our projects and in fact lives less than one hour from our Copper Creek Project . We now have two key members of our team in close proximity to Copper Creek where we continue to review and share data with groups that have taken an interest in the project.\"The Company also reports that Steve Bastable has resigned as a director of the Company. Mr. Kovacevic, comment...

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