Copper North Closes 3rd Tranche Of Its Non-Brokered Private Placement Offering

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Copper North Mining Corp. (“Copper North” or the “Company”) (TSXV:COL) is pleased to announce that further to its news release dated August 10, 2017, it has closed the 3rd tranche of its previously announced non-brokered private placement (the “Offering”) for gross proceeds of $810,000. The Company has issued 13,500,000 Common Shares pursuant to the Offering at …

Copper North Mining Corp. (“Copper North” or the “Company”) (TSXV:COL) is pleased to announce that further to its news release dated August 10, 2017, it has closed the 3rd tranche of its previously announced non-brokered private placement (the “Offering”) for gross proceeds of $810,000.
The Company has issued 13,500,000 Common Shares pursuant to the Offering at a price of $0.06 per Common Share. . All securities issued pursuant to the Offering are subject to a statutory hold period of four months and 1 day, expiring on December 22, 2017. The net proceeds from the sale of the Offering will be used for general working capital and corporate purposes.
The securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “1933 Act”), or under any state securities laws, and may not be offered or sold, directly or indirectly, or delivered within the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the 1933 Act) absent registration or an applicable exemption from the registration requirements. This news release does not constitute an offer to sell or a solicitation to buy such securities in the United States.
About Copper North
Copper North is a Canadian mineral exploration and development company. Its assets include the Carmacks Project located in the Yukon, the Redstone Property located in the Northwest Territories, and the Thor Property in British Columbia. Copper North trades on the TSX Venture Exchange under the symbol COL.
On behalf of the Board of Directors:
Dr. Harlan Meade
President, CEO and Director
For Further Information
Dr. Harlan Meade
President and Chief Executive Officer
Tel: 604.398.3451
Email: info@coppernorthmining.com
Web: www.coppernorthmining.com
This news release includes certain forward-looking information or forward-looking statements for the purposes of applicable securities laws. These statements include, among others, statements with respect to the completion of the proposed Private Placement; the price of securities issued pursuant to the Private Placement; use of proceeds from the Private Placement; and proposed exploration and development activities and their timing. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements to differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include, among others, the timeliness and success of regulatory approvals, the timing and success of future exploration and development activities, exploration and development risks, market prices, exploitation and exploration results, availability of capital and financing, general economic, market or business conditions, uninsured risks, regulatory changes, defects in title, availability of personnel, materials and equipment, unanticipated environmental impacts on operations and other exploration risks detailed herein and from time to time in the filings made by the Company with securities regulators. In making the forward-looking statements, the Company has applied several material assumptions including, but not limited to, the assumptions that the Private Placement will receive regulatory approval and will proceed as planned, the proposed exploration and development of the mineral projects will proceed as planned, market fundamentals will result in sustained metals and mineral prices, and any additional financing needed will be available on reasonable terms. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Click here to connect with Copper North Mining (TSXV:COL) to receive an Investor Presentation.

Source: www.coppernorthmining.com

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