Cascade Copper Corp. Closes Final Tranche of Private Placement
Vancouver, British Columbia — December 24, 2025 — Leads & Copy — Cascade Copper Corp. has closed the final tranche of its previously announced non-brokered private placement of units for gross proceeds of $659,728 (CDN).
The offering, announced Dec. 23, 2025, consisted of the issuance of 8,462,500 Critical Minerals Flow-Through units at $0.04 each and 8,923,002 Non-Flow-Through Units at $0.036 each.
Each FT Unit and NFT Unit includes one common share and one-half common share purchase warrant. Each full warrant is exercisable into a common share at $0.05 for 36 months from the closing date of each tranche.
The offering is subject to regulatory approvals, including acceptance from the Canadian Securities Exchange. All securities issued are subject to a four-month hold period from the closing date under applicable Canadian securities laws, along with other restrictions under applicable securities laws of jurisdictions outside Canada.
Subscribers in the offering included insider participation. The issuance of units to the insiders is a related party transaction per Multilateral Instrument 61-101 – Protection of Minority Securityholders in Special Transactions (“MI 61-101”). The company is relying on exemptions from valuation and minority approval under subsections 5.5(a) and 5.7(1)(a) of MI 61-101, as the value of units subscribed for does not exceed 25% of the company’s market capitalization.
Proceeds from the sale of FT Shares, qualifying as “flow-through shares” under subsection 66(15) of the Income Tax Act (Canada), will primarily fund eligible Critical Mineral Canadian Exploration Expenses for exploration programs at the company’s projects in Ontario and British Columbia. Proceeds from the Non-Flow-Through shares will be used for general working capital.
The offering is subject to conditions, including necessary approvals from the Canadian Securities Exchange. It is being made via private placement in Canada and other jurisdictions as determined by the company. Upon closing this tranche, the company will have 64,632,497 shares issued and outstanding.
The company plans to renounce Qualifying Expenditures to Flow-Through Unit subscribers for the fiscal year ending Dec. 31, 2025, and incur necessary Qualifying Expenditures by Dec. 31, 2026, as per regulatory requirements.
Cascade Copper is focused on copper and gold, porphyry and mesothermal gold deposits in British Columbia and VMS and BIF copper, gold and silver style deposits in Ontario. Cascade’s priority is to conduct exploration using modern technology that includes 3D inversion modelling of geophysics, LiDAR derived elevation models and AI enhanced predictive modelling from all historic and modern data inputs. Drilling is planned on several of its copper projects this year. Cascade has five projects, including the Copper Plateau Copper-Moly Project, the Centrefire Copper Project, the Rogers Creek Copper-Gold Project, Fire Mountain Copper-Gold Project and the Bendor Gold Project.
FOR FURTHER INFORMATION, PLEASE CONTACT:
CASCADE COPPER CORP.
Jeffrey S. Ackert, President and CEO
555-1130 West Pender St.
Vancouver, BC V6E 4A4
Telephone: 1 613 851 7699
E-Mail: info@cascadecopper.com
Source: Cascade Copper Corp.
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