Cascadia Minerals Ltd. Oversubscribes and Closes Financing for Planned Acquisition of Granite Creek Copper Ltd

Reuters
04 Jul
Cascadia Minerals Ltd. Oversubscribes and Closes Financing for Planned Acquisition of Granite Creek Copper Ltd

Cascadia Minerals Ltd. has announced the closing of its oversubscribed non-brokered private placement, raising total proceeds of C$2,274,385. This financing is in conjunction with Cascadia's planned acquisition of Granite Creek Copper Ltd. The funds raised will be held in escrow until the transaction is completed, and will be used to cover transaction expenses and for exploration activities at the Carmacks Project. Insiders of Cascadia participated in the private placement, purchasing subscription receipts and Cascadia units. Additionally, Cascadia will pay cash finders' fees and issue finder warrants upon closing the transaction. If the transaction is not completed by August 29, 2025, the subscription receipts will be canceled and funds returned to subscribers.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cascadia Minerals Ltd. published the original content used to generate this news brief via CNW (Ref. ID: C5287) on July 03, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10