Kutcho Copper Announces Closing of $5 Million Private Placement
December 16 2021 - 8:00AM
Kutcho Copper Corp. (TSXV: KC) (OTC: KCCFF)
(“
Kutcho Copper” or the
“
Company”) is pleased to announce that it has
closed its previously announced non-brokered private placement (the
“
Private Placement”) of $5,000,000. The Company
issued 5,263,158 common shares at a price of $0.95 per common
share. The Private Placement is subject to final TSX Venture
Exchange approval.
All shares issued under the private placement
are subject to a hold period of four months and one day from
closing. The Company paid $300,000 finder’s fees to Generic Capital
Corporation in connection with the Private Placement.
Vince SoracePresident & CEO, Kutcho Copper Corp.
For further information regarding Kutcho Copper Corp., please
email info@kutcho.ca or visit our website at www.kutcho.ca.
Cautionary Note Regarding Forward-Looking
Statements
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
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