Copperbank Resources Corp. is pleased to announce that earlier today shareholders of Copperbank voted at the special meeting of shareholders to approve the long term incentive plan of the Company, as further described in the management information circular of the Company dated September 14, 2021, with approximately 98% of votes cast in favour of the new LTIP. Additionally, the company is pleased to announce key [...]
Copperbank Resources Corp. announces that it has closed the previously announced non-brokered private placement offering of units of the Company at a price of $0.40 per Unit, for aggregate gross proceeds to the Company of $5,000,000. "It is great to close this financing so soon after taking over as CEO and seeing such strong demand from seasoned, long-term resource investors," said Paul Harbidge, President and Chief [...]
Copperbank Resources Corp. is pleased to announce the appointment of Paul Harbidge as President and Chief Executive Officer and Russell Ball as Chair of the board of directors of CopperBank, effective immediately. In addition to his role as President and Chief Executive Officer, Paul Harbidge will also serve as a director on the Board. Mr. Harbidge and Mr. Ball bring to the Company a solid track record of creating value [...]
Copperbank Resources Corp. is pleased to announce the completion of the reprocessing of the historical geophysics conducted on its 100% owned Copper Creek Project in Arizona. The reprocessing work was conducted by Resource Potentials of Perth, Australia, and was focused on the reinterpretation of the 2015 ZTEM Aeromagnetic survey which covered 215 square kilometers and 1,269-line kilometers. The reprocessing also [...]
Copperbank Resources Corp. announces that it has granted an aggregate of 1,350,000 incentive stock options, with an exercise price of $0.40, to directors, officers and a consultant of the Company. The Options can be exercised for a period of five years from the date of grant, are subject to the policies of the Canadian Securities Exchange and contain vesting provisions whereby all options vest immediately. About [...]
Copperbank Resources Corp. is pleased to announce the full repayment of the CDN $263,000 debenture previously announced on June 17, 2019. The aggregate principal amount together with all accrued interest have been paid and satisfied by the Company. About CopperBank CopperBank is a Canadian exploration mining company focused on energy related metal exploration in The United States of America. The Company trades on the [...]
Copperbank Resources Corp. is pleased to announce the appointment of Alan Wilson to the board of directors. Alan is an economic geologist with thirty years' experience in the exploration for base and precious metal deposits globally, experience that has allowed him to develop a deep understanding of the critical role geology plays in assessment of ore potential at projects in all stages of development. Prior to [...]
Copperbank Resources Corp. announces that it has granted an aggregate of 210,000 incentive stock options, with an exercise price of $0.65, to consultants of the Company. The Options can be exercised for a period of three years from the date of grant, are subject to the policies of the Canadian Securities Exchange and contain vesting provisions whereby 25% of the Options will vest six months from the date of grant and 25 [...]
Copperbank Resources Corp. is pleased to announce that it has retained Resource Potentials of Perth, Western Australia, to reprocess the historic geophysics on its Copper Creek Cu-Mo-Ag project, Pinal County, Arizona. Historic geophysics on the project includes ground mag, IP, MT, and a significant airborne ZTEM-mag survey. In 2015, the airborne ZTEM-mag survey covering 1269 line kilometers over approximately 240 kms² was [...]
Copperbank Resources Corp. is pleased to announce that it has closed a non-brokered private placement of 3,592,358 shares, at a price of $0.35, for a total of $1,257,325. Insiders of the company have subscribed for 50% of the offering and no finder's fees were paid as part of this private placement. The private placement is subject to the approval of the Canadian Securities Exchange and the securities will be subject to a [...]
CopperBank Resources Corp. announces that it will raise up to $1,050,000 by issuing 3 million shares at $0.35 per share by way of private placement. It is expected that the Company's CEO will be a lead order for this financing. Use of proceeds will be to finance project reviews and studies and general and administrative expenses. CopperBank CEO, Gianni Kovacevic comments; "The management of CopperBank are owner-operators [...]
CopperBank Resources Corp. announces that it is mobilizing members of its technical team for a multi-week review at its 100% owned, sixteen square mile Copper Creek Project, located in Arizona's "Copper Corridor" in southeast Pinal County. CopperBank management is executing a multi-phase development strategy for the project with the nucleus of the phase-one plan intended to merge, update, and expand historical exploration [...]