Canadian Copper to Acquire Caribou Processing Plant Complex
Toronto, Ontario--(Newsfile Corp. - October 28, 2024) - Canadian Copper Inc. (CSE: CCI) ("Canadian Copper" or the "Company") announced today the signing of a Term Sheet ("Term Sheet") and Exclusivity Agreement ("Exclusivity Agreement") providing the Company the exclusive right to acquire the Caribou Processing Plant Complex ("Caribou Complex"). The transaction represents a material acceleration and derisking step in bringing the Murray Brook Cu-Zn-Pb-Ag deposit to production. Transaction...
2024-10-28 7:00 AM EDT
Canadian Copper Signs MOU with Pabineau First Nation
Toronto, Ontario--(Newsfile Corp. - October 8, 2024) - Canadian Copper Inc. (CSE: CCI) ("Canadian Copper" or the "Company") announced today based on discussions commencing in late 2023, the signing of a non-binding Memorandum of Understanding ("MOU") with Pabineau First Nation ("PFN"), also known as Oinpegitjoig L'Noeigati, a Mi'kmaq nation located South of Bathurst, New Brunswick. "If it takes a community to raise a child, it takes the same and more to develop a successful mining business...
2024-10-08 7:00 AM EDT
Canadian Copper Closes Chester Asset Sale and Receives Notice of Early Turgeon Payment
Toronto, Ontario--(Newsfile Corp. - September 30, 2024) - Canadian Copper Inc. (CSE: CCI) ("Canadian Copper" or the "Company") announced today the closing of the Chester Project asset sale and certain modifications to the previously announced Raptor Resources Ltd. ("Raptor") transaction. Raptor has requested (Table A) certain changes to the transaction agreements to which the Company has agreed to. The executed updated purchase agreements do not impact any cash component paid to Canadian...
2024-09-30 7:00 AM EDT
Canadian Copper Provides Update on Chester and Turgeon Asset Sale to Raptor Resources
Toronto, Ontario--(Newsfile Corp. - September 10, 2024) - Canadian Copper Inc. (CSE: CCI) ("Canadian Copper" or the "Company") announced today the approval of a second extension for the Initial Public Offering ("IPO") of Raptor Resources Ltd. ("Raptor") and listing on the Australian Securities Exchange ("ASX"). Under the terms of the second extension, Raptor will transfer the Company a non-refundable advanced payment of $50,000 and is required to complete their IPO on or before September...
2024-09-10 7:00 AM EDT
Canadian Copper Provides Update on $2.1M Asset Sale to Raptor Resources
Toronto, Ontario--(Newsfile Corp. - July 2, 2024) - Canadian Copper Inc. (CSE: CCI) ("Canadian Copper" or the "Company") announced today that the Initial Public Offering Prospectus for Raptor Resources Ltd. ("Raptor") will be lodged with the Australian Securities Exchange ("ASX") on or before of July 15, 2024. This transaction includes the sale and transfer of Canadian Copper's Option Agreement rights for the Chester and Turgeon Projects (Figure A) located in New Brunswick, Canada, for total...
2024-07-02 7:00 AM EDT
Canadian Copper Receives New Brunswick Ministerial Approval for Murray Brook Title Transfer
Toronto, Ontario--(Newsfile Corp. - May 28, 2024) - Canadian Copper Inc. (CSE: CCI) ("Canadian Copper" or the "Company") announced today that the Murray Brook mining lease ownership and title have officially transferred to Canadian Copper. The Murray Brook deposit and its surrounding prospective exploration property ("Murray Brook Project") is located in the prolific Bathurst Mining Camp in New Brunswick, Canada. Simon Quick, CEO of Canadian Copper, said, "This final step closes the Murray...
2024-05-28 7:00 AM EDT
Canadian Copper Executes Sale Agreements Valued at $2.1M
Toronto, Ontario--(Newsfile Corp. - March 4, 2024) - Canadian Copper Inc. (CSE: CCI) ("Canadian Copper" or the "Company") is pleased to announce that it ha
2024-03-04 7:00 AM EST
Canadian Copper Completes Acquisition of Murray Brook Deposit
Toronto, Ontario--(Newsfile Corp. - February 1, 2024) - Canadian Copper Inc. (CSE: CCI) ("Canadian Copper" or the "Company") is pleased to announce that it has satisfied all conditions required to acquire 100% of the Murray Brook deposit and its surrounding prospective exploration property ("Murray Brook Project") located in the prospective Bathurst Mining Camp in New Brunswick, Canada. "The acquisition of the Murray Brook deposit is a critical milestone for Canadian Copper. To further align...
2024-02-01 7:00 AM EST
Canadian Copper Signs Offtake Agreement and Credit Facility with Ocean Partners
Toronto, Ontario--(Newsfile Corp. - January 30, 2024) - Canadian Copper Inc. (CSE: CCI) ("Canadian Copper" or the "Company") is pleased to announce that it has entered into a one third of production offtake agreement ("Offtake Agreement") for copper concentrates from the Murray Brook deposit ("MB") and an unsecured Credit Facility ("the Credit Facility") of up to US$1.5 million (C$2.01 million)1 with Ocean Partners UK Ltd. ("Ocean Partners"). Simon Quick, CEO of Canadian Copper, said, "First...
2024-01-30 7:00 AM EST
Canadian Copper Announces Filing of Murray Brook Technical Report
Toronto, Ontario--(Newsfile Corp. - November 16, 2023) - Canadian Copper Inc. (CSE: CCI) ("Canadian Copper" or the "Company") is pleased to announce that it has filed on SEDAR+ an independent Technical Report titled "Technical Report and Updated Mineral Resource Estimate of the Murray Brook Zn-Pb-Cu-Ag Project, New Brunswick, Canada", dated November 16, 2023 with an effective date of October 3, 2023, co-authored by William Stone, Ph.D., P.Geo., Yungang Wu, P.Geo., Jarita Barry, P.Geo., D....
2023-11-16 4:27 PM EST
Canadian Copper Provides Regional Exploration and Caribou Mine Restructuring Update
Toronto, Ontario--(Newsfile Corp. - November 14, 2023) - Canadian Copper Inc. (CSE: CCI) ("Canadian Copper" or the "Company") is pleased to provide an update on its ongoing property-wide 2023 trenching program at the Murray Brook West Project ("MBW") in the Bathurst Camp of New Brunswick, and recent developments regarding the Caribou Mine restructuring process. "Early-stage exploration combined with increasing our in-situ resources at the large open pit Murray Brook deposit is integral to our...
2023-11-14 7:00 AM EST
Canadian Copper Announces New Mineral Resource Estimate at Murray Brook: +21 Million Tonnes Containing +670 Million In-Situ Pounds Copper Equivalent
Toronto, Ontario--(Newsfile Corp. - October 3, 2023) - Canadian Copper Inc. (CSE: CCI) ("Canadian Copper" or the "Company") is pleased to announce a new Mineral Resource Estimate ("MRE" or "Mineral Resource") for the Murray Brook Project ("Murray Brook") located in New Brunswick, Canada. "The pending 100% acquisition of an advanced stage, large, and high quality base metal deposit in a safe jurisdiction is rare. Murray Brook has several key attributes: the deposit topography is conducive to...
2023-10-03 7:00 AM EDT
Canadian Copper to Acquire 100% Ownership of Murray Brook Deposit
Toronto, Ontario--(Newsfile Corp. - September 12, 2023) - Canadian Copper Inc. (CSE: CCI) ("Canadian Copper" or the "Company") is pleased to announce that, pursuant to the terms of a Letter of Intent ("LOI") it entered into with MetalsQuest Mining Inc., an arm's length seller ("MetalsQuest" or the "Seller"), it intends to acquire MetalsQuest's entire 28% interest in the Murray Brook Joint Venture. With the completion of this acquisition, Canadian Copper will control 100% of the Murray Brook...
2023-09-12 7:00 AM EDT
Canadian Copper Provides Update on Murray Brook Asset and Exploration Plans
Toronto, Ontario--(Newsfile Corp. - September 5, 2023) - Canadian Copper Inc. (CSE: CCI) ("Canadian Copper" or the "Company") is pleased to provide a corporate update regarding its Murray Brook acquisition integration status and 2023 exploration plans. A new Mineral Resource Estimate ("MRE") for the Murray Brook deposit was commissioned in August with expected results in late September 2023. A 12-hole program totaling 2,300 meters permit request was submitted to the New Brunswick Department...
2023-09-05 7:00 AM EDT
Canadian Copper Executes Definitive Purchase Agreement for Murray Brook Project
Toronto, Ontario--(Newsfile Corp. - August 2, 2023) - Canadian Copper Inc. (CSE: CCI) ("Canadian Copper" or the "Company") is pleased to announce that on August 1st, 2023, pursuant to the terms of a Letter of Intent ("LOI") it entered into with Votorantim Metals Canada Inc., an arm's length seller ("VM Canada" or the "Seller"), has successfully executed the definitive purchase agreement ("Purchase Agreement") to acquire VM Canada's entire 72% interest in the Murray Brook Joint Venture. Murray...
2023-08-02 7:00 AM EDT
Canadian Copper Closes Oversubscribed Private Placement: Satisfies Murray Brook Purchase Condition
Toronto, Ontario--(Newsfile Corp. - July 31, 2023) - Canadian Copper Inc. (CSE: CCI) ("Canadian Copper" or the "Company") is pleased to announce that it has closed its oversubscribed non-brokered private placement consisting of 9,129,667 units at a price of $0.12 per unit for gross proceeds of $1,095,560 ("Private Placement") previously announced on July 12th, 2023. As a result, the Company has secured sufficient capital to fund the $750,000 cash payment to acquire the Murray Brook deposit....
2023-07-31 4:00 PM EDT
Canadian Copper Announces Private Placement: Lead Order by CEO Simon Quick
Toronto, Ontario--(Newsfile Corp. - July 12, 2023) - Canadian Copper Inc. (CSE: CCI) ("Canadian Copper" or the "Company") announces that it has initiated a non-brokered private placement of up to 8,333,333 units at a price of $0.12 per unit for gross proceeds up to $1,000,000 ("Private Placement"). The Company has secured an initial commitment of $100,000 from Simon Quick, CEO of Canadian Copper. "As a result of my conviction for the Murray Brook deposit and this transformative acquisition...
2023-07-12 7:00 AM EDT
Canadian Copper Satisfies Option Agreement Condition
Toronto, Ontario--(Newsfile Corp. - June 28, 2023) - Canadian Copper Inc. (CSE: CCI) ("Canadian Copper" or the "Company") is pleased to announce that, pursuant to the terms of an Option Agreement it entered into with strategic partner Puma Exploration Inc. (TSXV: PUMA) ("Puma") on June 30, 2021, it has made its first anniversary payment. All five mineral assets contained in the Option Agreement are located in the Bathurst Camp of New Brunswick, Canada. "Since going public in July 2022,...
2023-06-28 7:29 AM EDT
Canadian Copper to Acquire Large 18 Million Tonne VMS Deposit
Toronto, Ontario--(Newsfile Corp. - June 13, 2023) - Canadian Copper Inc. (CSE: CCI) ("Canadian Copper" or the "Company") is pleased to announce that, pursuant to the terms of a Letter of Intent ("LOI") it entered into with Votorantim Metals Canada Inc., an arm's length seller ("VM Canada" or the "Seller"), it intends to acquire VM Canada's entire 72% interest in the Murray Brook Joint Venture. Murray Brook is located in the Bathurst Camp of New Brunswick, Canada. "Our objective to secure...
2023-06-13 7:00 AM EDT
Canadian Copper Identifies New Mineralized Areas at the Chester Project
Toronto, Ontario--(Newsfile Corp. - February 28, 2023) - Canadian Copper Inc. (CSE: CCI) ("Canadian Copper" or the "Company") is pleased to report results from its November and December 2022 trenching program at the Chester Project ("Chester") located in the well-known Bathurst Mining Camp ("BMC") in Northern New Brunswick, Canada. "This initial +4000 meter ("m") trenching program was designed to broadly test geophysical anomalies at the property-scale, that exist within the favourable...
2023-02-28 7:15 AM EST