Copper Lake Resources Closes $2.34M Private Placement Tranche

Copper Lake Resources has closed the first tranche of its non-brokered private placement, raising $2.34 million in gross proceeds. The placement involved 15,625,031 units at $0.15 each, with each unit containing one share and a 24-month warrant exercisable at $0.20. A second and final tranche is anticipated by October 14, 2026, pending TSX-V approval.