Copper Road Resources Announces $650,000 Private Placement

Copper Road Resources Inc., listed on the TSX-V as CRD, has revealed a non-brokered private placement. This involves the sale of up to 5,652,174 flow-through common shares priced at $0.115 each, aiming to raise $650,000. The company plans to direct these funds towards Canadian exploration expenses at its Ben Nevis Property in Ontario.

President and CEO Brian Howlett expressed gratitude to shareholders for their ongoing support, emphasizing the significance of advancing Copper Road's critical minerals strategy amid growing demand for copper. The offering's completion requires regulatory approvals, including from the TSX Venture Exchange.

Participation from insiders will constitute a "related party transaction," but the company will use exemptions outlined in MI 61-101. Shares sold will be subject to a statutory hold period. The offering doesn't extend to U.S. persons, aligning with registration exemptions under U.S. law.