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BRIEF-Global Copper Group to make non-brokered private placement of up to 10 mln units

Published 2016-09-13, 11:09 a/m
© Reuters.  BRIEF-Global Copper Group to make non-brokered private placement of up to 10 mln units

Sept 13 (Reuters) - Global Copper Group Inc ICU.V :

* Global Copper Group to acquire additional Ontario Cobalt claims and non-brokered private placement

* Says agreed to make a non-brokered private placement of up to 10 million units

* Of units to be placed, 3 million will be flow-through units consisting of one share and one-half share purchase warrant

* Says flow-through units will be placed at $0.07 per unit

* Remainder of offering is a non flow-through offering of up to 7 million units which will be placed at a price of $0.06 per unit Source text for Eikon: ID:nMKW1kKmpa Further company coverage: ICU.V

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