Superior Copper Corporation Intends to Complete Private Placement for up to $300,000

Superior Copper Corporation (TSXV:SPC) announced that it is offering a private placement for up to $300,000 principal amount of convertible promissory notes.

As quoted in the press release:

The proceeds of the Financing will be used for general working capital purposes. The securities issued pursuant to the Financing will be subject to a statutory four month and one day hold period. The Financing is subject to certain conditions including, but not limited to, the approval of the TSXV and customary closing conditions.

To view the whole press release, click here.