Copper North Mining Arranges $350,000 Private Placement

Copper North Mining Corp. (TSXV:COL) announced plans to raise up to $350,000 by way of a non-brokered private placement.
As quoted in the press release:

The private placement will consist of the sale of up to seven million units at a price of five cents per unit, each unit consisting of one common share of the company and one warrant. Each warrant will entitle the holder to purchase one additional share at a price of five cents for a period of 60 months from closing.
The company intends to use the proceeds from the private placement for working capital and general corporate purposes.

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