AQM Copper Inc. Completes Non-Brokered Private PlacementVANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 15, 2013) - AQM Copper Inc. (TSX VENTURE:AQM)(BVL:AQM) ("AQM" or the "Company") is pleased to announce that it has completed a non-brokered private placement consisting of an aggregate of 33,477,727 common shares in the capital of the Company at a price of $0.11 per common share for total gross proceeds of $3,682,550 (the "Private Placement"). Management and Directors purchased 3,153,182 common shares and now hold approximately 3.3% of the issued shares of the Company. Teck Resources Limited purchased 22,454,545 common shares and now holds 19.9% of the issued and outstanding common shares of the Company. AQM has entered into a Shareholder Support Agreement ("Support Agreement") that grants Teck a pre-emptive right to participate on a pro rata basis in future equity financings by the Company and to maintain its percentage interest in the outstanding common shares of the Company so long as it holds not less than 5% of the issued and outstanding common shares. The Support Agreement also grants Teck the right to nominate one director for election to the AQM Board for so long as it holds at least 5% of the issued and outstanding common shares of the Company. If Teck nominates a candidate for election to the AQM Board at a general meeting of shareholders the Company is obligated to include such candidate in proxy materials sent to shareholders and use its commercially reasonable best efforts to cause the election of such candidate to the AQM Board. Where Teck nominates a candidate it is obligated to vote its shares in favour of candidates nominated for election to the AQM Board by the Company. The common shares issued under the Private Placement are subject to a four month hold period expiring on March 16, 2014. The Company has paid a finder's fee of 6% in cash in connection with certain subscriptions under the Private Placement in accordance with the policies of the TSX Venture Exchange. The proceeds from the Private Placement will be used for funding general working capital.