Signed a Definitive Agreement to sell its Chester Project Option Agreement Rights for cash and shares totaling $1,395,0001,2. Signed a Definitive Agreement to sell its Turgeon Project Option Agreement Rights for cash and shares totaling $675,0001,2. Canadian Copper increases its focus on the highly prospective Murray Brook West exploration property that is contiguous to its 100% owned large Murray Brook deposit, New [...]
Canadian Copper Inc. 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 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 myself with the same risks each of our investors take, I [...]
Canadian Copper Inc. is pleased to announce that it has entered into a one third of production offtake agreement for copper concentrates from the Murray Brook deposit and an unsecured Credit Facility of up to US$1.5 million 1 with Ocean Partners UK Ltd. . Simon Quick, CEO of Canadian Copper, said, "First and foremost, we welcome Ocean Partners as a strategic shareholder to Canadian Copper. Ocean Partners bring in-depth [...]
Canadian Copper Inc. 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. Grant Feasby, P.Eng., Antoine R [...]
Canadian Copper Inc. is pleased to provide an update on its ongoing property-wide 2023 trenching program at the Murray Brook West Project 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 growth strategy. The Murray Brook West [...]
Measured and Indicated Sulphide Resource Increases by 18% Canadian Copper Inc. is pleased to announce a new Mineral Resource Estimate for the Murray Brook Project 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 surface development [...]
Canadian Copper Inc. is pleased to announce that, pursuant to the terms of a Letter of Intent it entered into with MetalsQuest Mining Inc., an arm's length 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 deposit. "Acquiring the remaining 28% ownership of the Murray Brook [...]
Canadian Copper Inc. is pleased to provide a corporate update regarding its Murray Brook acquisition integration status and 2023 exploration plans. A new Mineral Resource Estimate 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 of Natural Resources in August. This [...]
Canadian Copper Inc. is pleased to announce that on August 1st, 2023, pursuant to the terms of a Letter of Intent it entered into with Votorantim Metals Canada Inc., an arm's length seller , has successfully executed the definitive purchase agreement 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. Simon Quick, CEO of [...]
Canadian Copper Inc. 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 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. Please click here to understand the accretive [...]
Canadian Copper Inc. 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 . 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 for Canadian Copper, it is prudent that we align [...]
Canadian Copper Inc. is pleased to announce that, pursuant to the terms of an Option Agreement it entered into with strategic partner Puma Exploration Inc. 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, Canadian Copper's strategic objective was to acquire and [...]