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.
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