CopAur Minerals, a Metals Group Company, Closes Oversubscribed Non-Brokered Private Placement with Strong Industry Participation

Core Viewpoint - CopAur Minerals successfully closed an oversubscribed non-brokered private placement, raising a total of $505,500 through the issuance of 5,055,000 units at a price of$0.10 per unit, reflecting strong investor demand and confidence in the company's future direction [1][2]. Group 1: Private Placement Details - The private placement was upsized due to strong demand from seasoned mining investors and strategic industry participants, indicating robust internal alignment within the company [2]. - Each unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of an additional common share at $0.15 for 18 months [3]. - The company has paid$33,635 in finders' fees and issued 336,350 finder warrants under similar terms as the main warrants [4]. Group 2: Use of Proceeds - Net proceeds from the private placement will be allocated for general working capital and to advance high-priority exploration projects, particularly the Kinsley Mountain Gold Project in Nevada, which has near-term discovery potential [5][6]. Group 3: Company Overview - CopAur Minerals Inc. is focused on developing mineral projects in resource-rich mining districts of Nevada, with a strong team experienced in discovery and value creation [6]. - The flagship asset is the Kinsley Mountain Gold Project, located approximately 90 kilometers south of the Long Canyon Mine, currently operated under the Newmont/Barrick joint venture [6].