Copper Road Resources Completes Oversubscribed Financing Round

On March 16, 2026, Copper Road Resources Inc. announced the closing of its non-brokered private placement, successfully raising $650,500. The offering involved issuing 5,656,522 flow-through shares at $0.115 each. The funds will support exploration expenses qualifying for tax benefits under Canada's Income Tax Act. Exploration is expected to focus on the Ben Nevis Project and other Ontario properties.

The placement included a transaction by a company officer, considered a "related party transaction" but meeting exemptions under Canadian regulations. Regulatory approvals, including from the TSX Venture Exchange, are pending. A commission of $38,344 and 250,478 finder warrants were agreed upon for eligible finders.

Securities offered under this placement are restricted from U.S. markets and are subject to a four-month hold period under applicable laws. Additional details on the financing and regulatory steps are available from Copper Road Resources.