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Cision Canada
5 days ago
- Business
- Cision Canada
CUPANI doubles land within Extensions Zone
TORONTO, July 17, 2025 /CNW/ - CUPANI Metals Corporation (" CUPANI" or the " Company") (CSE: CUPA) (OTCQB: CUPIF) is pleased to announce the execution of an option agreement (the " Option Agreement") with Prospector Metals Corp. (" Prospector"), a corporation incorporated under the laws of the province of British Columbia, and whereby Prospector granted CUPANI a right and option (the " Option") to purchase a 100% undivided interest in the Nemo Project (Figure 1) located in the southern Labrador Trough, Québec, located 80 km northeast of Schefferville (the " Property"). All dollar amounts disclosed herein are in Canadian dollars, unless stated otherwise. The Nemo Project comprises 321 exploration claims (the " Claims") that interlock with CUPANI's existing claims in the Extensions Zone. Similar to the broader Extensions Zone, these Claims cover poorly explored mafic-ultramafic rocks. To date, no drilling has been conducted on these Claims. The Claims contain the same peridotite sills that elsewhere hold the historic Blue Lake deposits of 2.3% copper equivalence. Figure 1 illustrates the newly controlled claims in dark blue, while the Company's pre-existing claims are shown in light blue. Brian Bosse, Chief Executive Officer of the Company, said: " This will be the final piece of land acquisition. I am happy to say Cupani is the only entity controlling exploration claims throughout the region. We locked up exploration rights of the peridotite sill since that hosts the historical 2.3% copper equivalent mineralization. That sill twists and turns across the surface for over 100 miles. Going forward we can apply learnings from exploration at one location to every other location without delay, getting smarter as we go. Cupani now controls 100% of all the exploration lands." Subject to the terms and conditions of the Option Agreement, Cupani agreed to pay the following consideration to Prospector for the acquisition of the 100% undivided interest in the Nemo Project: a) on or before August 23, 2025, pay requisite renewal fees for the Claims forming part of the Property having a renewal deadline of August 23, 2025 (the " Block 1 Claims") in the amount of $14,850 and complete a minimum of $12,150, in exploration work on the Block 1 Claims necessary to keep the Block 1 Claims in good standing; b) on or before September 18, 2025, pay requisite renewal fees for the Claims forming part of the Property having a renewal deadline of September 18, 2025 (the " Block 2 Claims") in the amount of $38,115 and complete a minimum of $31,185, in exploration work on the Block 2 Claims necessary to keep the Block 2 Claims in good standing; c) upon the exercise of the Option by the Company, grant to Prospector a perpetual royalty in respect of the products derived from the Property equal to one-half of one percent (0.5%) of net smelter returns on all minerals produced from the Property, and which can be repurchased entirely for a one-time cash payment of $500,000; and d) issue 625,000 common share purchase warrants each entitling the holder to acquire one common share of Cupani at an exercise price of $0.16 per share, vesting on February 1, 2026 (the " Vesting Date"), and expiring three years from issuance, exercisable only after the Vesting Date. The Option Agreement remains subject to the approval of the Canadian Securities Exchange. About CUPANI CUPANI Metals Corp. provides shareholders with long-term capital growth exposure by investing in mineral exploration properties and other assets. The Company is listed on the CSE under the symbol "CUPA". To learn more about the Company please visit Forward-Looking Information Forward-Looking Statement (Safe Harbor Statement): This press release contains forward-looking statements within the meaning of applicable securities laws. The use of any of the words "anticipate", "plan", "continue", "expect", "estimate", "objective", "may", "will", "project", "should", "predict", "potential" and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company cannot give any assurance that they will prove correct. Since forward-looking statements address future events and conditions, they involve inherent assumptions, risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of assumptions, factors and risks, many of which are beyond the Company's ability to control or predict. Factors that could cause actual results or events to differ materially from current expectations include, but are not limited to, conditions in the equity financing markets, stock market volatility, unquantifiable risks related to government actions and interventions, the termination of any agreement, changes in laws or permitting requirements, failure to obtain necessary regulatory approvals as well as those risks identified in the Company's annual Management Discussion & Analysis. Management has provided the above summary of risks and assumptions related to forward-looking statements in this press release in order to provide readers with a more comprehensive perspective on the Company's future operations. The Company's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive from them. These forward-looking statements are made as of the date of this press release, and, other than as required by applicable securities laws, the Company disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise.
Cision Canada
20-06-2025
- Business
- Cision Canada
CUPANI METALS CLOSES 1ST TRANCHE OF FINANCING FOR PROCEEDS OF $2.9M
TORONTO, June 20, 2025 /CNW/ - CUPANI METALS CORP. (" CUPANI" or the " Company") (CSE: CUPA) (OTCQB: CUPIF) is pleased to announce that it closed a first tranche of the previously announced non-brokered private placement financing for aggregate gross proceeds of C$2,893,014.30 (the " Offering") comprised of the issuance of: (i) 9,181,746 flow-through units (the " FT Units") of the Company at $0.175 per FT Unit (ii) 5,193,750 charity flow-through units (the " Charity FT Units") of the Company at $0.245 per Charity FT Unit, and (iii) 85,875 hard dollar units of the Company (the " HD Units" and together with the FT Units and Charity FT Units, the " Offered Units") at $0.16 per HD Unit. Brian Bosse, CEO of the Company commented on today's news: " We are very excited about the level of interest shown with respect to the closing of this first tranche of Offering and expect to close a second tranche on or about June 26 to raise up to the maximum of an aggregate of $4M, as disclosed on the press release of the Company dated May 16, 2025 and May 21, 2025. Cupani has very high insider ownership and I am happy to see that it continues via CFO Bryan Loree's $150,500 purchase in this tranche. Funds from this tranche are already at work in our 2025 summer exploration." Each Charity FT Unit and FT Unit consisted of one common share of the Company qualifying as a "flow-through share" for purposes of the Income Tax Act (Canada) (the " Tax Act") and one half of one common share purchase warrant exercisable at $0.30 at any time prior to the day that is 24 months from the Closing Date, subject to the terms and provisions of an acceleration clause. Each HD Unit consisted of one common share of the Company and one half of one common share purchase warrant exercisable on the same terms as the warrants comprising the Charity FT Units and FT Units. The gross proceeds from the Offering will be used by the Company on its 100% owned Blue Lake/Retty Lake exploration project exploration project as well as for general working capital purposes. The gross proceeds from the common shares comprising the Charity FT Units and FT Units will be used by the Company for "Canadian exploration expenses" that are "flow-through critical mineral mining expenditures" (as such terms are defined in the Tax Act). The Offered Units were issued by way of a private placement pursuant to exemptions from prospectus requirements under applicable securities laws. The securities issued pursuant to the Offering are subject to resale restrictions, including a hold period of four months and one day from the date of issuance, in accordance with applicable Canadian securities laws. CFO and Director Bryan Loree, an insider of the Company, participated in the Offering by acquiring 860,000 FT Units. The participation will constitute a related party transaction, but is exempt from the formal valuation and minority approval requirements of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (" MI 61-101") as the Company's securities are not listed on any of the stock exchanges listed in Section 5.5(b) of MI 61-101 and the fair market value of the securities issued to Mr. Loree does not exceed 25% of the Company's market capitalization. In connection with the Offering, the Company paid aggregate cash finder's fees of $71,092.51 and issued 12,500 compensation HD Units to certain finders. Each finder warrant underlying the compensation HD Units entitles the holder to purchase one Share of the Company at $0.30 per Share for a period of 24 months. Grant of Stock Options The Company also announces that it grants 250,000 incentive stock options to a consultant of the Company at an exercise price of $0.16 for a period of five (5) years to purchase up to the equal number of common shares in the capital the Company, in accordance with and subject to the Company's Omnibus Long-Term Incentive Plan. About CUPANI CUPANI Metals Corp. provides shareholders with long-term capital growth exposure by investing in mineral exploration properties and other assets. The Company is listed on the CSE under the symbol "CUPA". To learn more about the Company please visit NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. THIS NEWS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY ANY OF THE SECURITIES IN THE UNITED STATES. THE SECURITIES HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE " U.S. SECURITIES ACT") OR ANY STATE SECURITIES LAWS AND MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED UNDER THE U.S. SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS OR AN EXEMPTION FROM SUCH REGISTRATION IS AVAILABLE. THIS NEWS RELEASE DOES NOT CONSTITUTE AN OFFER OR SALE OF SECURITIES IN THE UNITED STATES. Forward-Looking Information Certain of the statements made and information contained herein is "forward-looking information" within the meaning of National Instrument 51-102 – Continuous Disclosure Obligations of the Canadian Securities Administrators. These statements and information are based on facts currently available to the Company and there is no assurance that actual results will meet management's expectations. Forward-looking statements and information may also be identified by such terms as "anticipates", "believes", "targets", "estimates", "plans", "expects", "may", "will", "could" or "would". While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. The forward-looking statements in this news release include without limitation, statements with respect to the anticipated use of proceeds from the Offering and the closing of a subsequent tranche to raise gross proceeds of up to $4M. All forward-looking information contained in this press release is given as of the date hereof, and is based on the opinions and estimates of management and information available to management as of the date hereof. These statements are based upon assumptions that are subject to significant risks and uncertainties, including risks regarding commodity prices, market conditions, availability of financing to the Company on acceptable terms, gross proceeds are used in accordance with the Tax Act, general economic factors, and the equity markets generally. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance of the Company may differ materially from those anticipated and indicated by these forward-looking statements. Any number of factors could cause actual results to differ materially from these forward-looking statements as well as future results. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, they can give no assurances that the expectations of any forward-looking statements will prove to be correct. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as may be required by applicable securities laws.
Yahoo
11-06-2025
- Business
- Yahoo
International Education Evaluations (IEE) Announces Establishment of Immigration Division to Expand Products and Solutions for the International Community
CHARLOTTE, N.C., June 11, 2025 /PRNewswire/ -- International Education Evaluations (IEE), a member of the National Association of Credential Evaluation Services (NACES) and a leading provider of credential evaluation services for education, employment, and immigration, is proud to announce establishment of an Immigration Division that will be led by Brian Bosse, formerly of Horizon International Solutions, a respected firm specializing in immigration-focused expert opinion services. This strategic expansion strengthens IEE's capabilities in supporting immigration legal professionals and applicants with timely, accurate, and trusted evaluation services. Brian Bosse, who will serve as Director of Immigration Services brings with him a strong legacy in the immigration space and years of delivering high-quality evaluations, expert opinion letters and exceptional customer service. "This transition marks an exciting new chapter. Joining IEE allows me to support immigration attorneys and their clients with expanded tools, support and capabilities that are essential in today's fast-moving environment," said Brian Bosse, Director of Immigration Services. "IEE's investment in cutting-edge technology and process efficiency means we can deliver even faster evaluations, translations and expert opinion services—ultimately helping our legal clients navigate complex immigration challenges with greater confidence and ease." IEE's new Immigration Division combines Brian's longstanding services reputation with IEE's robust infrastructure to better serve both current and future clients. Together, the combined network of distinguished professors and industry professionals will offer academic credibility, expertise, faster and reliable turnaround times, and detail-driven letters tailored to USCIS criteria—making the IEE a powerful ally for immigration attorneys and the clients they represent. "Immigration has the power to change lives, open doors, and connect the world in meaningful ways," said David Haynes, CEO of IEE. "My passion has always been about making this complex process more accessible. When your clients' cases require credible, well-supported expert opinions, IEE is here to help—streamlining every step so our legal partners can efficiently support their clients and employees to pursue their dreams with fewer barriers. With Brian on board, we're accelerating solutions and empowering the process of global mobility like never before." In conjunction with this announcement, IEE will also be attending the 2025 American Immigration Lawyers Association (AILA) Annual Conference, taking place June 18–21, 2025, in Denver, Colorado. Members of the IEE leadership team, including Brian Bosse, now Director of Immigration Services, will be available at the event to connect with legal professionals and showcase how IEE supports attorneys and their clients through fast, compliant, and affordable immigration services. For further questions or IEE's immigration products and solutions, please contact immigration@ About International Education Evaluations (IEE) Since 1981, International Education Evaluations (IEE) has been a trusted provider of credential evaluation services for individuals seeking education, employment, or immigration opportunities in the United States. As a proud member of NACES, IEE partners with higher education institutions, employers, attorneys, and government agencies to provide accurate, timely, and affordable evaluations, translations and expert opinion services. With a commitment to innovation and a people-centric approach, IEE is dedicated to accelerating solutions and empowering global mobility. For media inquiries, please contact media@ View original content to download multimedia: SOURCE International Education Evaluations, LLC Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Cision Canada
16-05-2025
- Business
- Cision Canada
CUPANI METALS CORP. ANNOUNCES NON-BROKERED PRIVATE PLACEMENT TO FUND COPPER EXPLORATION AND DRILLING
TORONTO, May 16, 2025 /CNW/ - CUPANI Metals Corporation (" CUPANI" or the " Company") (CSE: CUPA) is pleased to announce its intention to raise up to $4,000,000 via the issuance of shares by way of non-brokered private placement. Cupani Metals Corp. CEO Brian Bosse commented on today's news, "We are confident in this project; insiders own more than half the company and we cannot wait to get drilling. The funds raised from the Offering will be used for and to carry the Company past summer fieldwork into the fall/winter drilling results." Cupani intends to complete a financing by way of non-brokered private placement for aggregate gross proceeds of up to $4,000,000 comprised of the issuance of: (i) flow-through units (the " FT Units") of the Company at $0.175 per FT Unit (ii) charity flow-through units (the " Charity FT Units") of the Company at $0.245 per Charity FT Unit, and (iii) hard dollar units of the Company (the " HD Units" and together with the FT Units and Charity FT Units, the " Offered Units") at C$0.16 per HD Unit (collectively, the " Offering"). All dollar figures provided herein are denominated in Canadian dollars unless otherwise stated. The hard dollar unit subscription agreement for investors of all jurisdictions can be completed online HERE. The subscription agreement for flow-through units can be completed online HERE. Each Charity FT Unit and FT Unit will consist of one common share and one half of one common share purchase warrant (each whole warrant, a " Warrant") of the Company, each of which will qualify as a "flow-through share" for the purposes of the Income Tax Act (Canada) (the " Tax Act"). Each warrant is exercisable to acquire one non-flow through common share of the Company at $0.30 per common share at any time prior to the day that is 24 months from the Closing Date. Each HD Unit will consist of one common share of the Company and one half of one Warrant exercisable on the same terms as the warrants comprising the Charity FT Units and FT Units. The closing of the Offering is expected to occur on or about June 12, 2025 (the " Closing Date") and is subject to customary closing conditions and regulatory approvals, including the approval of the Canadian Securities Exchange (the " CSE"). The gross proceeds raised from the issuance of the FT Units and Charity FT Units will be used by the Company on the Company's 100% owned Blue Lake/Retty Lake exploration project and the gross proceeds raised from the issuance of the HD Units will be used for general working capital purposes. The Company may pay finder's fees in connection with the Offering to eligible arm's length finders in accordance with CSE policies and applicable securities laws. The Offered Units will be offered by way of private placement pursuant to applicable exemptions from the prospectus requirements under applicable securities laws. All Offered Units issued in connection with the Offering are subject to a hold period of four months and one day following the Closing Date under applicable Canadian securities laws. More specifically, a portion of the Offering is also being made available to registered shareholders of the Company who, as of the close of business on 15 May, 2025, hold common shares of the Company, pursuant to the prospectus exemption set out in B.C. Instrument 45-534 Exemption from Prospectus Requirement for Certain Trades to Existing Security Holders, and in similar instruments in other jurisdictions in Canada (collectively, the " Existing Shareholder Exemption"). Invocation of the Existing Shareholder Exemption limits a shareholder to a maximum investment of $15,000 in a twelve (12) month period unless such shareholder has obtained advice regarding the suitability of the investment and, if such shareholder is resident in a jurisdiction of Canada, such advice has been obtained from a person who is registered as an investment dealer in the jurisdiction. In the event that aggregate subscriptions for the Offered Units under the Offering exceed the maximum number of securities to be distributed, then the Offered Units sold pursuant to the Existing Security Holder Exemption will be allocated to qualifying existing shareholders on a pro rata basis based on the number of Offered Units subscribed for. About CUPANI CUPANI Metals Corp. provides shareholders with long-term capital growth exposure by investing in mineral exploration properties. The Company is listed on the CSE under the symbol "CUPA". To learn more about the Company please visit NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. THIS NEWS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY ANY OF THE SECURITIES IN THE UNITED STATES. THE SECURITIES HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE " U.S. SECURITIES ACT") OR ANY STATE SECURITIES LAWS AND MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED UNDER THE U.S. SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS OR AN EXEMPTION FROM SUCH REGISTRATION IS AVAILABLE. THIS NEWS RELEASE DOES NOT CONSTITUTE AN OFFER OR SALE OF SECURITIES IN THE UNITED STATES. Forward-Looking Information Certain of the statements made and information contained herein is "forward-looking information" within the meaning of National Instrument 51-102 – Continuous Disclosure Obligations of the Canadian Securities Administrators. These statements and information are based on facts currently available to the Company and there is no assurance that actual results will meet management's expectations. Forward-looking statements and information may also be identified by such terms as "anticipates", "believes", "targets", "estimates", "plans", "expects", "may", "will", "could" or "would". While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. The forward-looking statements in this news release include without limitation, statements with respect to the size of the Offering, the Company meeting all conditions for a timely closing of the Offering, including obtaining all required approvals, the proposed use of proceeds of the Offering, the payment of finder's fees, and the proposed closing date of the Offering, among others. All forward-looking information contained in this press release is given as of the date hereof, and is based on the opinions and estimates of management and information available to management as of the date hereof. These statements are based upon assumptions that are subject to significant risks and uncertainties, including risks regarding commodity prices, market conditions, availability of financing to the Company on acceptable terms, general economic factors, and the equity markets generally. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance of the Company may differ materially from those anticipated and indicated by these forward-looking statements. Any number of factors could cause actual results to differ materially from these forward-looking statements as well as future results. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, they can give no assurances that the expectations of any forward-looking statements will prove to be correct. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as may be required by applicable securities laws.
