TSXV:COCO - Post Discussion
Post by
guerreiro on Nov 29, 2021 2:02pm
Coast Copper Closes Financing of $1,66 Million.
 - Click icon to view Analyst Opinions.  - Target Price or Analyst Rating was updated in the last 24 hrs.  |  | | | Coast Copper Closes Financing of $1.66 Million, Receives Scottie West Payment | |
12:30 PM EST, 11/29/2021 (MT Newswires) -- Coast Copper Corp. (COCO.V) (formerly Roughrider Exploration) has completed its non-brokered private placement, issuing 8.96 million flow-through units at $0.13 per FT unit and 5 million non flow-through units (NFT units) at $0.10 per NFT unit for gross proceeds of $1.655 million. The gross proceeds of FT units will be used by Coast Copper for eligible Canadian exploration expenses for its B.C. projects. Coast Copper has also received a cash payment of $25,000 from Goldplay Mining Inc. (AUC.V) and 365,817 common shares of Goldplay. The receipt of cash and shares, together with Goldplay having completed its first-year work program commitment of $200,000, satisfies Goldplay's first year commitment pursuant to a farm-out agreement on the Scottie West property. Goldplay has an option to acquire up to a 70% interest in the property. Price: 0.13, Change: -0.01, Percent Change: -7.41 | | | | |
| - Click icon to view Analyst Opinions. - Target Price or Analyst Rating was updated in the last 24 hrs. | | | | Coast Copper Closes Financing of $1.66 Million, Receives Scottie West Payment | |
12:30 PM EST, 11/29/2021 (MT Newswires) -- Coast Copper Corp. (COCO.V) (formerly Roughrider Exploration) has completed its non-brokered private placement, issuing 8.96 million flow-through units at $0.13 per FT unit and 5 million non flow-through units (NFT units) at $0.10 per NFT unit for gross proceeds of $1.655 million. The gross proceeds of FT units will be used by Coast Copper for eligible Canadian exploration expenses for its B.C. projects. Coast Copper has also received a cash payment of $25,000 from Goldplay Mining Inc. (AUC.V) and 365,817 common shares of Goldplay. The receipt of cash and shares, together with Goldplay having completed its first-year work program commitment of $200,000, satisfies Goldplay's first year commitment pursuant to a farm-out agreement on the Scottie West property. Goldplay has an option to acquire up to a 70% interest in the property. Price: 0.13, Change: -0.01, Percent Change: -7.41 | | | | |
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