Vancouver, B.C., December 16, 2021. 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.
About Kutcho Copper Corp.
Kutcho Copper Corp. is a Canadian resource development company focused on expanding and developing the Kutcho high grade copper-zinc project in northern British Columbia. Committed to social responsibility and the highest environmental standards, the Company intends to progress the Kutcho Project through feasibility and permitting to a positive construction decision.
President & CEO, Kutcho Copper Corp.
Cautionary Note Regarding Forward-Looking Statements
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