Eric Sprott acquires a substantial stake C.CDPR NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES
MONTREAL, July 08, 2024 (GLOBE NEWSWIRE) -- Cerro de Pasco Resources Inc. (CSE: CDPR) (OTCPK: GPPRF) (FRA: N8HP) (“CDPR” or the “Corporation”) is pleased to announce the closing of its previously announced non-brokered private placement, for total aggregate gross proceeds of $3,298,000 (the "Offering"). CDPR issued 32,980,000 units of the Corporation ("Units") at a price of $0.10 per Unit, each consisting of one common share (a "Common Share") and one Common Share purchase warrant (a "Warrant"). Each Warrant entitles its holder to purchase one Common Share at an exercise price of $0.15 per Common Share for a period of 24 months, subject to acceleration in certain circumstances (see news release dated June 27, 2024 for details).
Eric Sprott acquires a substantial stake in Cerro de Pasco (globenewswire.com)