NEWS


 bullet  News Releases
 bullet  Industry News
 bullet  Analyst Coverage

INDUSTRY NEWS

Private Placement


VANCOUVER, March 13, 2007 - Cooper Minerals Inc. (TSXV: CQ) (the "Company") wishes to announce that it has entered into a non-brokered private placement for the sale of 8,350,000 units at a price of $0.60 per share for a total of $5,010,000. Each unit shall consist of 1 common share and 1 transferable share purchase warrant for the purchase of an additional common share of the Company within 18 months from the date of closing. The exercise price for the warrant will be $0.75 per share. The funds shall be used for the Company's general working capital and its exploration programs. The maximum allowable finder's fee shall be payable. These transactions are subject to regulatory approval.

On behalf of the Board of Directors
Cooper Minerals Inc.

Simon Tam

Director


THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE. THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY SECURITIES IN ANY JURISDICTION. "SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: THIS NEWS RELEASE CONTAINS FORWARD LOOKING STATEMENTS THAT ARE NOT HISTORICAL FACTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES WHICH COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE SET FORTH IN OR IMPLIED HEREIN.

Go back to the previous page

© Copyright 2007 Cooper Minerals Inc. All Rights Reserved.
For more information, please contact us.
 
Webseiten auch verfügbar in:  Englisch / Deutsch