American Copper Development to Commence Trading on the OTCQB Venture Market Under Symbol "ACDXF"

American Copper Development to Commence Trading on the OTCQB Venture Market Under Symbol "ACDXF"

American Copper Development Corporation (CSE: ACDX) (OTCQB: ACDXF) ("ACDC" or the "‎‎Company") is pleased to announce that effective February 2, 2023, the Company's common shares will commence trading on the OTCQB Venture Market (the "OTCQB") in the United States, under the symbol "ACDXF". The OTCQB is a U.S. trading platform that is operated by the OTC Markets Group in New York and is the premiere marketplace for growth and developing U.S. and international companies. Participating companies must be current in their reporting and undergo an annual verification and management certification process.

Daniel Schieber, CEO of American Copper, comments, "America needs copper, a lot of copper in order to achieve its clean energy goals. It is only fitting for our US focused copper company to be open to the American investing public. So we welcome all our future ACDXF shareholders. For those about to invest - we salute you! Let's Rock!"

The Company is applying for DTC eligibility by The Depository Trust Company ("DTC"), a subsidiary of the Depository Trust & Clearing Corporation ("DTCC") and will provide an update once the application has been approved.

American Copper's shares will continue to trade on the Canadian Securities Exchange ("CSE") under the symbol "ACDX".

Information relating to American Copper as well as Real-Time level 2 quotes for the Company will be available on www.otcmarkets.com. The Company also files various documents with the Canadian Securities Administrators under American Copper's profile on SEDAR at www.sedar.com, a number of which filings and other information regarding the Company can additionally be found at www.american-copper.com.

About the Company

The Company is engaged in the business of mineral exploration and the acquisition of mineral property assets. Its objective is to locate and develop economic precious and base metal properties of merit and to conduct its exploration program on the Lordsburg Property and the Chuchi South Property.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

American Copper Development Corporation

For further information, please contact:‎
Daniel Schieber
Chief Executive Officer and Director
Phone: (778) 372-9888
Email: invest@american-copper.com

Cautionary Statement Regarding Forward-Looking Information

This news release includes certain "forward-looking ‎information" under applicable Canadian securities legislation. ‎Forward-looking information involves risks, uncertainties, and other factors that could cause ‎actual results, performance, prospects, and opportunities to differ materially from those ‎expressed or implied by such forward-looking information. Forward-looking information is necessarily based on a number of estimates and ‎assumptions that, while considered reasonable, are subject to known and unknown risks, ‎uncertainties and other factors which may cause actual results and future events to differ ‎materially from those expressed or implied by such forward-looking information. ‎Accordingly, the forward-looking information discussed in this release, may not occur and ‎could differ materially as a result of these known and unknown risk factors and uncertainties ‎affecting ACDC. Although ACDC believes that the assumptions and factors used in ‎preparing the forward-looking information are reasonable, undue reliance should not be placed ‎on this information, which only applies as of the date of this news release, and no assurance can ‎be given that such events will occur in the disclosed time frames or at all. Except where ‎required by law, ACDC disclaims any intention or obligation to update or revise any forward-‎looking information, whether as a result of new information, future events, or otherwise.‎

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/153339

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Developing a High-grade Copper District in the US

American Copper Completes Maiden Drill Program and Expands Land Position at the Lordsburg Project, New Mexico

American Copper Completes Maiden Drill Program and Expands Land Position at the Lordsburg Project, New Mexico

American Copper Development Corporation (CSE: ACDX) (OTCQB: ACDXF) ("ACDX" or the "‎‎Company") announces that it has completed its maiden drilling campaign at its 100% owned Lordsburg Project, New Mexico. A total of 6 drill holes were completed for a total of 4,662m (Figure 1). Final analytical results are pending and expected to be completed within the next 3-4 weeks.

The Company has also completed a claim staking program and has expanded its land-position to the east of the existing Lordsburg claims. During the months of June and July, 235 Bureau of Land Management (BLM) unpatented lode mining claims were staked along the eastern boundary of the Lordsburg Property totaling approximately 1,902 hectares. In addition, the Company entered a mining lease with an option to purchase with Comstock Allied, LLC for three patent mining claims located in the center of the Lordsburg Property (Figure 1). This brings the new total land package to 1,205 contiguous Federal patented and unpatented lode mining claims, covering 9,462 hectares in area controlled by the Company.

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American Copper Initiates a 5,000m Drill Program at its Flagship Lordsburg Project

American Copper Initiates a 5,000m Drill Program at its Flagship Lordsburg Project

American Copper Development Corporation (CSE: ACDX) (OTCQB: ACDXF) (FSE: D52) ("ACDX" or the "‎‎Company") is pleased to announce that it has received all required exploration permits from the Bureau of Land Management (BLM) and the New Mexico Mining and Minerals Division (NM MMD) to initiate a maiden 5,000-meter diamond drill program to explore for porphyry copper mineralization at its 100% owned Lordsburg Property located in southwestern New Mexico. The Company has contracted Major Drilling to complete this Phase I drill campaign.

Lordsburg Project Phase I Drill Program

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American Copper Receives DTC Eligibility for U.S Trading

American Copper Receives DTC Eligibility for U.S Trading

American Copper Development Corporation (CSE: ACDX) (OTCQB: ACDXF) ("ACDX" or the "‎‎Company") announces that its common shares are now eligible for electronic clearing and settlement in the United States through the Depository Trust Company ("DTC").DTC eligibility simplifies the process of trading and can enhance liquidity of ACDX's shares in the United States. The Company's shares recently began trading on the OTCQB Venture Market ("OTCQB") under the ticker symbol "ACDXF". This electronic method of clearing securities speeds up the receipt of stock and cash, and thus accelerates the settlement process for investors and brokers, enabling the stock to be traded over a much wider selection of brokerage firms by coming into compliance with their requirements.American Copper's shares will continue to trade on the Canadian Securities Exchange ("CSE") under the symbol "ACDX".

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American Copper Options Chuchi South and Chuchi West Properties to Pacific Ridge Exploration

American Copper Options Chuchi South and Chuchi West Properties to Pacific Ridge Exploration

American Copper Development Corporation (CSE: ACDX) (OTCQB: ACDXF) ("ACDX" or the "‎‎Company") is pleased to ‎announce that it has entered into a mineral property option agreement with Pacific Ridge Exploration Ltd. ("PEX") and Ronald Bilquist which amends and restates the original mineral property agreement between the Company and Mr. Bilquist dated February 10, 2020 (the "Mineral Property Agreement") whereby, among other things, Mr. Bilquist shall grant the Company and PEX the right to earn an interest in the Chuchi South Property, and the Company shall grant PEX the right to earn up to a 75% interest in the Chuchi West Property by expending $8 million.

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American Copper Development Corporation Appoints Tom Peregoodoff to Board of Directors

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American Copper Development Corporation (CSE: ACDX) ("ACDC" or the "‎‎Company") announces the appointment of Mr. Tom Peregoodoff as Director, effective November 1st, 2022.

Rick Van Nieuwenhuyse, Chairman of the board, comments: "We are thrilled to have Tom and his vast technical and executive experience join our board. Tom's experience includes value-add roles with Pretium (sold to Newcrest in 2022), BHP, Peregrine Diamonds (sold to DeBeers Canada in 2018) and Apollo Silver."

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Canada One Commences 2025 Field Work Program at Flagship, Copper Dome Project

Canada One Mining Corp. (TSXV: CONE) (OTC Pink: COMCF) (FSE: AU31) ("Canada One" or the "Company") is pleased to announce the launch of its 2025 field exploration program at its flagship Copper Dome Project ("Copper Dome", "Property" or "Project"), located 18 km south of Princeton, British Columbia.

2025 FIELD WORK PROGRAM HIGHLIGHTS

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Cygnus reports a 78% increase in M&I resource at its Chibougamau Copper-Gold Project

Cygnus reports a 78% increase in M&I resource at its Chibougamau Copper-Gold Project

HIGHLIGHTS:

  • Global Measured & Indicated Mineral Resource ("M&I") estimate of 6.4 Mt at 3.0% CuEq for 193kt CuEq and Inferred Mineral Resource of 8.5 Mt at 3.5% CuEq for 295 kt CuEq in accordance with JORC 2012 and CIM Definition Standards (CIM, 2014)
  • Total contained metal is exclusively Copper, Gold and Silver:
    • M&I: 149kt Cu, 167 koz Au & 1.6 Moz Ag (for 193 kt CuEq or 884 koz AuEq)
    • Inferred: 182 kt Cu, 454 koz Au & 2.2 Moz Ag (for 295 kt CuEq or 1.3 Moz AuEq)
  • This update includes an initial Mineral Resource Estimate ("MRE") for the new Golden Eye deposit and the other existing hub-and-spoke deposits of Corner Bay, Cedar Bay, Devlin, and Joe Mann
  • The initial high-grade Golden Eye resource contains:
    • Indicated: 91 koz @ 5.6 g/t AuEq
    • Inferred: 182 koz @ 4.6 g/t AuEq
  • The 78% tonnage increase in M&I Resources will underpin an updated Scoping Study / Preliminary Economic Assessment ("PEA"), which will also reflect the significant increase in commodity prices on the economics of the Project since the 2022 PEA completed by Doré Copper 1
  • Today's announcement demonstrates proven upside at the Chibougamau Project with two diamond drill rigs still turning and additional potential to add to the resource base
  • Chibougamau Project is a premier near-term development copper-gold opportunity with established infrastructure including a 900 ktpa processing facility, sealed highway, airport, regional rail infrastructure, and 25 kV hydro power to the processing site
  • The Project has excellent metallurgy with test work recoveries of up to 98.2% producing a high-quality clean copper concentrate of up to 29.6% 2
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  • The Company remains fully funded to drive further growth and the ongoing study work with A$23M cash at 30 June 2025
  • A new fly through video and resource presentation will be available in the coming week, given the finalisation of the MRE as announced today

Cygnus Executive Chairman David Southam said: "Within just nine months of acquiring the Chibougamau Project, we have been able to deliver a significant resource upgrade with substantial scope for further growth.

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The Offering was led by Research Capital Corporation, as lead agent and sole bookrunner, on behalf of a syndicate of agents, including Eventus Capital Corp. and Haywood Securities Inc. (collectively, the "Agents").

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Immediately prior to the completion of the Disposition, the Acquiror owned a total of 6,298,333 Shares, representing approximately 9.59% of the issued and outstanding Shares on a non-diluted basis.

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Heritage Mining Confirms New Gold Mineralization at the Scattergood Project

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(TheNewswire)

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