Copper One (TSXV:CUO.V) Closes $4,500,000 Private Placement Dominion Lending Centres Clearlease
VANCOUVER, BRITISH COLUMBIA – (April 29, 2011) Clearlease Reports Copper One Inc. (TSXV:CUO.V) is pleased to announce that it has closed the non-brokered private placement previously announced on March 31, 2011, raising gross proceeds of $4,500,000.
The private placement consisted of the issuance of 3,750,000 flow-through units (the “FT Units”) at a price of $0.40 per FT Unit and 8,571,428 non-flow-through units (the “NFT Units”) at a price of $0.35 per NFT Unit. Each FT Unit consists of one common share of the Company (a “Share”), which is designated as a flow-through share pursuant to the Income Tax Act (Canada), and one share purchase warrant (a “FT Warrant”). Each FT Warrant will entitle the holder to purchase one further Share at a price of $0.60 per Share for a period of two years from the date of issuance. Each NFT Unit consists of one Share and one share purchase warrant (a “NFT Warrant”). Each NFT Warrant will entitle the holder to purchase one further Share of the Company at a price of $0.50 per Share for a period of two years from the date of issuance.
The securities issued under the offering are subject to a statutory hold period expiring on August 28, 2011. The proceeds will be used for exploration of the Company’s various exploration projects including the Rivière Dore property and for general working capital purposes.
Additionally, the Company is pleased to announce the appointment of Francois Perron as a director and Chairman of the Board of Directors. Mr. Perron is currently the President and Chief Executive Officer of Alexis Minerals Corporation and was previously the President and Chief Executive Officer of Golden Goose Resources until its sale to Kodiak Exploration in 2010. Prior to joining Golden Goose Resources, Mr. Perron was a portfolio manager, managing various resource funds for NBC Alternative Assets in 2008 and the Caisse de dépôt et placement du Québec from 2001 to 2007. In 2006, he was recognized by Brendan Woods International as a Top Gun Asset Manager in Mining. Prior to fund management, he was a research analyst covering the forest product sector at Merrill Lynch. Mr. Perron is also a director of Yorbeau Resources Inc., which is listed on the Toronto Stock Exchange and a director of Apogee Silver Ltd. which is listed on the TSX Venture Exchange. He has a Bachelor of Science, Computer Science from McMaster University and an MBA from the Hautes Etudes Commerciales.
In connection with his appointment, Mr. Perron has been granted options to purchase 500,000 common shares of the Company at an exercise price of $0.59 for a period of five years. The options will be subject to the terms of the Company’s stock option plan.
Video Link: http://youtu.be/f_kk7WJa7Uk
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Video Link: http://youtu.be/f_kk7WJa7Uk
VANCOUVER, BRITISH COLUMBIA – (April 29, 2011) Clearlease Reports Copper One Inc. (TSXV:CUO.V) is pleased to announce that it has closed the non-brokered private placement previously announced on March 31, 2011, raising gross proceeds of $4,500,000.
The private placement consisted of the issuance of 3,750,000 flow-through units (the “FT Units”) at a price of $0.40 per FT Unit and 8,571,428 non-flow-through units (the “NFT Units”) at a price of $0.35 per NFT Unit. Each FT Unit consists of one common share of the Company (a “Share”), which is designated as a flow-through share pursuant to the Income Tax Act (Canada), and one share purchase warrant (a “FT Warrant”). Each FT Warrant will entitle the holder to purchase one further Share at a price of $0.60 per Share for a period of two years from the date of issuance. Each NFT Unit consists of one Share and one share purchase warrant (a “NFT Warrant”). Each NFT Warrant will entitle the holder to purchase one further Share of the Company at a price of $0.50 per Share for a period of two years from the date of issuance.
The securities issued under the offering are subject to a statutory hold period expiring on August 28, 2011. The proceeds will be used for exploration of the Company’s various exploration projects including the Rivière Dore property and for general working capital purposes.
Additionally, the Company is pleased to announce the appointment of Francois Perron as a director and Chairman of the Board of Directors. Mr. Perron is currently the President and Chief Executive Officer of Alexis Minerals Corporation and was previously the President and Chief Executive Officer of Golden Goose Resources until its sale to Kodiak Exploration in 2010. Prior to joining Golden Goose Resources, Mr. Perron was a portfolio manager, managing various resource funds for NBC Alternative Assets in 2008 and the Caisse de dépôt et placement du Québec from 2001 to 2007. In 2006, he was recognized by Brendan Woods International as a Top Gun Asset Manager in Mining. Prior to fund management, he was a research analyst covering the forest product sector at Merrill Lynch. Mr. Perron is also a director of Yorbeau Resources Inc., which is listed on the Toronto Stock Exchange and a director of Apogee Silver Ltd. which is listed on the TSX Venture Exchange. He has a Bachelor of Science, Computer Science from McMaster University and an MBA from the Hautes Etudes Commerciales.
In connection with his appointment, Mr. Perron has been granted options to purchase 500,000 common shares of the Company at an exercise price of $0.59 for a period of five years. The options will be subject to the terms of the Company’s stock option plan.
Video Link: http://youtu.be/f_kk7WJa7Uk
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Video Link: http://youtu.be/f_kk7WJa7Uk
Copper One (TSXV:CUO.V) Closes $4,500,000 Private Placement Dominion Lending Centres Clearlease
VANCOUVER, BRITISH COLUMBIA – (April 29, 2011) Clearlease Reports Copper One Inc. (TSXV:CUO.V) is pleased to announce that it has closed the non-brokered private placement previously announced on March 31, 2011, raising gross proceeds of $4,500,000.
The private placement consisted of the issuance of 3,750,000 flow-through units (the “FT Units”) at a price of $0.40 per FT Unit and 8,571,428 non-flow-through units (the “NFT Units”) at a price of $0.35 per NFT Unit. Each FT Unit consists of one common share of the Company (a “Share”), which is designated as a flow-through share pursuant to the Income Tax Act (Canada), and one share purchase warrant (a “FT Warrant”). Each FT Warrant will entitle the holder to purchase one further Share at a price of $0.60 per Share for a period of two years from the date of issuance. Each NFT Unit consists of one Share and one share purchase warrant (a “NFT Warrant”). Each NFT Warrant will entitle the holder to purchase one further Share of the Company at a price of $0.50 per Share for a period of two years from the date of issuance.
The securities issued under the offering are subject to a statutory hold period expiring on August 28, 2011. The proceeds will be used for exploration of the Company’s various exploration projects including the Rivière Dore property and for general working capital purposes.
Additionally, the Company is pleased to announce the appointment of Francois Perron as a director and Chairman of the Board of Directors. Mr. Perron is currently the President and Chief Executive Officer of Alexis Minerals Corporation and was previously the President and Chief Executive Officer of Golden Goose Resources until its sale to Kodiak Exploration in 2010. Prior to joining Golden Goose Resources, Mr. Perron was a portfolio manager, managing various resource funds for NBC Alternative Assets in 2008 and the Caisse de dépôt et placement du Québec from 2001 to 2007. In 2006, he was recognized by Brendan Woods International as a Top Gun Asset Manager in Mining. Prior to fund management, he was a research analyst covering the forest product sector at Merrill Lynch. Mr. Perron is also a director of Yorbeau Resources Inc., which is listed on the Toronto Stock Exchange and a director of Apogee Silver Ltd. which is listed on the TSX Venture Exchange. He has a Bachelor of Science, Computer Science from McMaster University and an MBA from the Hautes Etudes Commerciales.
In connection with his appointment, Mr. Perron has been granted options to purchase 500,000 common shares of the Company at an exercise price of $0.59 for a period of five years. The options will be subject to the terms of the Company’s stock option plan.
Video Link: http://youtu.be/f_kk7WJa7Uk
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Video Link: http://youtu.be/f_kk7WJa7Uk