US Copper Corp Announces Upsize of Non-Brokered Private Placement
The Company intends to use the proceeds of the Offering for general working capital purposes.
For Further Information Contact:
Mr. Stephen Dunn, President, CEO and Director, US Copper Corp (416) 361-2827 or email info@uscoppercorp.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
This press release contains forward-looking statements within the meaning of applicable Canadian and U.S. securities laws and regulations, including statements regarding the future activities of the Company. Forward-looking statements reflect the current beliefs and expectations of management and are identified by the use of words including "will", "hopes", "anticipates", "expected to", "plans", "planned", "intends" and other similar words. Actual results may differ significantly. The achievement of the results expressed in forward-looking statements is subject to a number of risks, including those described in the Company's management discussion and analysis as filed with the Canadian securities regulatory authorities which are available at www.sedarplus.ca. Investors are cautioned not to place undue reliance upon forward-looking statements.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
National Post
18 minutes ago
- National Post
edatanetworks Inc. Receives Approval for Online-to-Offline Digital Commerce Patent from USPTO
Article content EDMONTON, Alberta — edatanetworks Inc. announced today that the United States Patent and Trademark Office (USPTO) has approved a continuation of patent 12,039,562. This continuation further strengthens edatanetworks' intellectual property portfolio, reinforcing the company's leadership in bridging online advertising to offline commerce through its proprietary Click2Sale technology. Article content The patent is a continuation in a family of patents that protect the core mechanisms that enable merchants to quantify the impact of digital marketing efforts on in-store sales. This patent expands the Click2Sale digital asset, which facilitates the measurement of return on advertising investment by linking online consumer interactions with secure, tokenized transaction data. By doing so, verifiable and actionable insights are delivered to merchants – while also enabling merchant-funded, consumer-directed contributions that create impact for local organizations. This innovation ensures that small and medium businesses can benefit from measurable, accountable marketing that drives both sales and customer loyalty. Article content Article content 'The approval of this continuation underscores our commitment to building a robust IP foundation for online-to-offline commerce,' said Terry Tietzen, Founder and Chief Executive Officer of edatanetworks. 'Click2Sale transforms how local merchants validate their marketing spend by delivering measurable results tied directly to consumer purchases—empowering the merchant while enriching communities.' Article content Article content Article content Article content Article content
CTV News
39 minutes ago
- CTV News
PM Carney says trade talks with U.S. may not end by Aug. 1 deadline
Windsor Mayor Drew Dilkens on the 'difficult six months' the city has faced with steel and auto tariffs impacting the local economy. Prime Minister Mark Carney said on Wednesday that Canada's negotiations with the United States might not conclude by Donald Trump's Aug. 1 deadline as the president added new trade measures that could further hinder some Canadian businesses. Carney said talks have been complex, comprehensive and constructive. He also said they are ongoing and cover 'a broad variety of topics.' 'There are many areas for co-operation between Canada and the United States, including defence spending, security spending, investments, which is one of the reasons why we're having these broader discussions,' Carney said at a news conference in Ottawa. Trump sent a letter to Carney threatening to impose 35 per cent tariffs if Canada doesn't make a trade deal by Friday. The White House has said those duties would not apply to goods compliant with the Canada-U.S.-Mexico Agreement on trade, better known as CUSMA. The Canadian economy is also being slammed by Trump's Section 232 tariffs on steel, aluminum and automobiles. Trump on Wednesday signed executive orders for 50 per cent tariffs on semi-finished copper products starting Friday. The president, however, didn't include imports of the refined metal in his order, leaving many in the Canadian copper industry feeling relieved. In a separate order, Trump suspended de minimis exemptions — which had allowed packages worth $800 or less to ship to the United States to avoid tariffs. As part of his reasoning for the change, Trump cited the flow of fentanyl into the United States. Canadian Federation of Independent Business President and CEO Dan Kelly said suspending the de minimis exemption 'is bad news for many Canadian small businesses.' The federation's data shows about one-third of small Canadian exporters used the exemption to ship to U.S. consumers duty free, Kelly said in a post on social media. Pascal Chan, the vice-president of strategic policy and supply chains at the Canadian Chamber of Commerce, said it adds 'another layer of uncertainty for Canadian businesses exporting to the U.S.,' particularly small- and medium-sized businesses. 'Any increase in compliance costs and delivery delays will only serve to compound the pressure on the cross-border supply chains that have long fuelled our shared economic prosperity,' Chan said in a statement. The latest trade changes comes as countries around the world are set to face staggering tariffs when Trump's deadline to make deals passes. Trump announced a deal with South Korea Wednesday which will see the country slapped with a 15 per cent tariff. The president said South Korea 'will give to the United States $350 Billion Dollars for Investments owned and controlled by the United States, and selected by myself, as President. In apost on social media Trump said South Korea will also 'purchase $100 Billion Dollars of LNG, or other Energy products.' In a separate post the president also said he 'concluded a Deal with the Country of Pakistan, whereby Pakistan and the United States will work together on developing their massive Oil Reserves' but Trump didn't provide details of a tariff rate. Frameworks of deals have previously been announced for the European Union, Japan, Vietnam, Indonesia, the Philippines and the United Kingdom — with all nations facing some level of baseline tariff. Not all the details of the deals are clear but Trump has said countries can 'buy down' the tariff rate and most agreements have come with announcements of billion-dollar investments. Trump on Wednesday also escalated his threats against Brazil — which will be hit a 50 per cent duty — and India — which will face a 25 per cent tariff, plus an additional import tax because of India purchases Russian oil. Trump has been dismissive of conversations with Canada, saying it is not a priority for his administration. The president said Wednesday that America's northern neighbour is a high-tariff nation, misrepresenting Canadian duties for agriculture imports. 'They've been charging our farmers 200 per cent, 300 per cent, 400 per cent for years and nobody did anything about it,' Trump told reporters. Carney met virtually with his cabinet earlier Wednesday for a meeting focused largely on the situation in the Middle East. Carney said Canada is seeking the best deal for Canadians and that negotiations will continue until that is achieved. He said Dominic LeBlanc, the minister responsible for Canada-U.S. trade, will remain in Washington with senior officials 'in pursuit of that goal.' By Kelly Geraldine Malone With files from Catherine Morrison This report by The Canadian Press was first published July 30, 2025.
CTV News
an hour ago
- CTV News
Newfoundlanders who fled cod moratorium are returning — and creating a housing crunch
Mike Tiller, the mayor of New-Wes-Valley, N.L., is shown as he talks about housing on Thursday June 26, 2025. THE CANADIAN PRESS/Sarah Smellie NEW-WES-VALLEY — The affordable housing complex Mike Tiller is hoping for is unlike anything else in his community. The sleek, modular buildings with sloping roofs and wide windows pose a sharp contrast to the brightly-coloured clapboard houses dotting the shores in New-Wes-Valley, a small fishing community along the northern end of Newfoundland's Bonavista Bay. But the homes would solve a problem Tiller never thought he'd face as mayor of the rural Newfoundland town: people are moving there, rather than moving away. And they need somewhere to live. 'It's a huge change,' Tiller said in a recent interview, shaking his head outside the town hall. 'You can't have people coming here looking for homes and not have anything for them to live in or you're never going to grow your town ... And we can't afford any more major decreases in population.' That's why the town paid about $140,000 for Biosis, a Danish architecture firm with experience building on rocky landscapes, to design a 17-unit affordable housing complex that will sit on oceanfront land. N.L. housing complex The 17-unit housing complex, seen in this artist's rendering handout image, was designed by Danish firm Biosis for the rural Newfoundland community of New-Wes-Valley. THE CANADIAN PRESS/Handout - Biosis (HO/The Canadian Press) The municipality purchased the land, making use of a federal grant. The town is also ready to foot the bill for road and sewer connections. Council will publish a request for proposals from interested developers in the coming days, Tiller said. 'The need is there, the desire is there,' he said. 'We just need somebody to listen.' Rural communities across Newfoundland and Labrador have been slowly emptying out since 1992, when the federal government brought the lucrative northern cod fishery to a halt as the fish stocks collapsed. The move resulted in one of the largest mass layoffs in Canadian history: businesses closed, jobs dried up and young people began to move away, leaving behind their aging parents and grandparents. The demographics in New-Wes-Valley are typical in rural Newfoundland: the town is home to some 2,050 people, more than a third of whom are 65 or older, according to the latest census. The average age there is 52. But things are shifting. People are moving to New-Wes-Valley, many of whom are coming back home after working in St. John's or other provinces. As a result, the increased demand is driving up housing prices and property taxes. Ten years ago, homes in New-Wes-Valley regularly sold for $30,000, said Cheryl Smith, a town councillor and real estate agent. Now they can sell for more than $100,000. That's a lot for many locals, but still attractive for people in other parts of Canada, Smith said. Seniors on fixed incomes who want to move into smaller homes have few options. They can't afford the new housing costs, nor can they afford the municipal tax hikes, Tiller said. Some have moved away to Gander, N.L., a much larger centre with more housing options. He wants them to be able to stay. Sarah Norris left New-Wes-Valley for Alberta on Christmas Day in 2010, about two years after graduating high school — it was a cheap flight, she explained in a recent interview. She moved back home in March 2022, wanting a fresh start. She now owns and operates the Salt & Sail café and tavern, where diners in bright booths look out over low-sloping rocks leading into the ocean. The biggest change she sees in her community since she returned is the number of young families. 'Our kindergarten class this year needed two teachers because it was so large, I think it was 24 students. That is huge for our area,' she said. 'I think people are just really thirsty for peace, honestly, just tranquility. And that's what you'll get here.' Norris said she knows people in their 90s who are still living in large saltbox-style homes where they raised their families. There's just nowhere else for them to live, she said. 'They're, like, 95 and they just move their beds downstairs,' Norris said. If they could find a smaller place, they could sell their bigger house to a young family like hers, she added. About 40 minutes south of New-Wes-valley, the same scenario is playing out in Centreville-Wareham-Trinity with one major difference: the town already has affordable housing. And it's full. Mayor Ivan Pickett walked down a road lined with modern-looking duplexes that rent for about $650 a month. Some had basketball nets and bikes in the front yard. A handful were built about a decade ago, when the town got some funding to build affordable homes. The majority were built later, by a private developer, Pickett said. The town needs about 20 more. 'At least,' the mayor said. '20 units would be gobbled up pretty quickly.' Tiller doesn't believe New-Wes-Valley's population is going to stop declining -- there still aren't enough young people to balance the number of older residents. But he hopes to keep the population higher than 2,000 for as long as he can -- and he believes the affordable housing complex will help. 'We want to keep our seniors here. We also want to attract newcomers to the area,' Tiller said. 'We are doing whatever we can to give people options so that they don't leave our town.' This report by The Canadian Press was first published July 31, 2025. By Sarah Smellie
