(TheNewswire)
Vancouver, BC – TheNewswire - April 7, 2022 – Consolidated Woodjam Copper Corp. (the“Company”) (TSXV: WCC ) announces that it intends to raise up to $2,001,000 by way ofthe following non-brokered private placements (the “ Placement ”):
(a) up to $1,000,000 by way of a unitprivate placement at a price of $0.10 per unit, with each unit toconsist of one common share and one share purchase warrant, with eachwarrant to entitle the holder to purchase an additional common shareat a price of $0.20 for a period of 24 months from closing; and
(b) up to $1,001,000 by way of aflow-through share private placement at a price of $0.13 perflow-through share.
The Placement will be non-brokered; however, theCompany may pay finder’s fees in accordance with the rules andpolicies of the TSX Venture Exchange (“ TSX-V ”). The Placement is subject to the completion of formaldocumentation and receipt of all necessary regulatory approvals,including TSX-V acceptance.
Certain insiders of the Company may participate, withfull particulars of such participation to be included in the newsrelease announcing the closing of the Placement.
The proceeds will be used by the Company to finance anexploration program at its 100% owned Woodjam project and for generalworking capital.
The securities issued pursuant to these privateplacements will be subject to a hold period expiring four months andone day from the date of issuance in accordance with applicableCanadian securities laws.
On behalf of the board of directors of ConsolidatedWoodjam Copper Corp.
Glen Garratt
Glen Garratt, P.Geo.,
Director
Consolidated Woodjam CopperCorp.
Contact: (604) 681-7913
Toll Free: 888-656-6611
About Consolidated Woodjam CopperCorp.
Consolidated Woodjam Copper Corp. trades on the TSX-V exchange and, based on its acquisitionagreement with Gold Fields, owns a 100% interest in the Woodjam Northand Woodjam South projects in British Columbia. Visit the Company’swebsite at: http://www.woodjamcopper.com
The securities referred to in thisnews release have not been, nor will they be, registered under theUnited States Securities Act of 1933, as amended, and may not beoffered or sold within the United States or to, or for the account orbenefit of, U.S. persons absent U.S. registration or an applicableexemption from the U.S. registration requirements. This news releasedoes not constitute an offer for sale of securities for sale, nor asolicitation for offers to buy any securities. Any public offeringof securities in the United States must be made by means of aprospectus containing detailed information about the company andmanagement, as well as financial statements.
Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this release
NOT FORDISSEMINATION IN THE UNITED STATES OR TO UNITED STATES NEWSWIRESERVICES
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