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Copper One Resources Announces Non-Brokered LIFE Offering of up to $2,500,000
Vancouver, BC - TheNewswire – May 12, 2026 – Copper One Resources Corp. ("Copper One" or the "Company") (BFG: CSE I BFGFF: OTC I YW5: Frankfurt) is pleased to
About this update from Copper One Resources Corp.
[{"type":"text","content":"Vancouver, BC - TheNewswire – May 12, 2026 – Copper One Resources Corp. (\"Copper One\" or the \"Company\") (BFG: CSE I BFGFF: OTC I YW5: Frankfurt) is pleased to announce that it intends to complete a non-brokered private placement pursuant to the listed issuer financing exemption under Part 5A.2 of National Instrument 45-106 – Prospectus Exemptions (“NI 45-106”) (the “LIFE Offering”) to raise up to C$2,500,000 through the sale of non-flow-through units (each, an \"NFT Unit\") and flow-through units (each, an \"FT Unit\") of the Company. The LIFE Offering is expected to consist of up to 2,325,581 NFT Units at a price of C$0.43 per NFT Unit for gross proceeds of C$1,000,000 and up to 3,488,372 FT Units at a price of C$0.43 per FT Unit for gross proceeds of C$1,500,000. Each NFT Unit will consist of one common share of the Company (a \"Share\") and one common share purchase warrant (a \"Warrant\"). Each Warrant will entitle the holder to acquire one additional Share for a period of twelve (12) months from the date of issuance at a price of C$0.70 per Share. Each FT Unit will consist of one Share of the Company that qualifies as a \"flow-through share\" within the meaning of the Income Tax Act (Canada) (an \"FT Share\") and one Warrant. Each Warrant will entitle the holder to acquire one non-flow-through Share for a period of twelve (12) months from the date of issuance at a price of C$0.70 per Share. If the Company's Shares close at or above C$0.90 per Share for a period of five (5) consecutive trading days, the Company may accelerate the expiry date of the Warrants by issuing a press release or other permitted notice to the holders thereof (the “Accelerated Exercise Period”). In such event, the Warrants will expire on the date that is thirty (30) days following the date of such notice. The FT Units and the NFT Units will be offered for sale: (i) by way of a private placement pursuant to the listed issuer financing exemption under NI-45-106, as amended and supplemented by Coordinated Blanket Order 45-935 (Exemptions from Certain Conditions of the Listed Issuer Financing Exemption) in all provinces of Canada, except Québec (the “LIFE Exemption”); (ii) in the United States pursuant to an exemption from the registration requirements of the U.S. Securities Act of 1933, as amended, and applicable U.S. state securities laws; and ...