Northwest Copper Corp. announces it is undertaking a rights offering to raise gross proceeds of up to $3,340,936 and private placements to bring the total amount raised by the Company to no more than $4,000,000 . Rights Offering Pursuant to the Rights Offering, the Company will be offering 31,818,435 rights to holders of common shares in the capital of NorthWest at the close of business on the record date of December 5 [...]
NorthWest Copper - Following an extensive review of available financing options, the Board of Directors of NorthWest has determined that it is in the best interest of all shareholders to fund the Company via an equity financing that will comprise a rights offering and a concurrent private placement on the same terms. Discussions around any potential form of debt financing have been discontinued. Grant Sawiak, Director and [...]
Northwest Copper Corp. is pleased to provide an update on its financial, geological and ESG programs and position. Grant Sawiak, Executive Chair of NorthWest commented: "The newly elected Board of Directors of NorthWest is committed to not only align its interests with shareholders but in doing so to promote transparency in all aspects of the Company's operations. With these principles in mind, we wish to report on the [...]
Northwest Copper Corp. is pleased to provide an update on its planned 2024 exploration program, which is designed to add value to its advanced projects as well as bring additional exploration prospects and targets to key decision points, to ensure a pipeline of high-quality drill ready targets for future growth. Following a strategic review, the Board and management concluded that the best way to unlock value in [...]
NorthWest Copper is pleased to announce that it has completed the sale of a series of mineral claims located in the province of British Columbia commonly referred to as the "Okeover Copper Project" , pursuant to a property sale agreement with Alpha Copper Corp. previously announced on September 25, 2023. The Company has retained a 2% net smelter return on the Property . Pursuant to the Agreement, Alpha has issued to [...]
Northwest Copper Corp. announces that Mr. David Moore, Interim President and Chief Executive Officer has resigned from the Company. "Mr. Moore's departure was not unexpected and I will take a more active role in the Company's day to day affairs until a replacement can be found," said Grant Sawiak, Executive Chair. "Mr. Moore's resignation will not change our plan moving forward. Once the Technical Committee and the Board [...]
Northwest Copper Corp. is pleased to provide an update on the transition of the Company under the stewardship of its newly elected Board of Directors . The Board has elected Mr. Grant Sawiak as its Chair. The Board will be working closely with existing management to address the concerns of the shareholders and to move the Company forward in the interest of all stakeholders. To this end, the Board has formed a Technical [...]
Northwest Copper Corp. wishes to announce the results of its Annual Meeting held earlier today. A total of 155,185,868 common shares were voted in person or by proxy at the meeting representing 81.60% of the votes attached to all outstanding shares. The following table sets out the votes received by the directors elected at the Annual Meeting: Director Votes For Percentage of Voted Shares Maryantonett Flumian 84,901,601 [...]
As previously disclosed, Northwest Copper Corp. will hold its Annual General Meeting of Shareholders on September 26, 2023 at 10:00 a.m., at which time there will be an election of the board of directors . The Company advises that, based on the deposit of proxies by the cut-off time for the AGM, the activist slate of director nominees, represented on the Yellow Proxy, will receive a greater number of shareholder votes [...]
NorthWest Copper is pleased to announce that it has entered into a property sale agreement with Alpha Copper Corp. whereby Alpha will acquire a 100% interest in a series of mineral claims located in the province of British Columbia commonly referred to as the "Okeover Copper Project" , subject to 2% net smelter return to be retained by the Company . Pursuant to the Agreement, Alpha has agreed to issue to NorthWest common [...]
Shareholders have less than 48 hours to vote for NorthWest's refreshed Board and a clear action plan to quickly advance the Company's valuable mineral properties After nearly four months, the Activist Group still cannot answer a simple question, 'What is your legitimate plan for the Company?' The Activist Group previously refused to settle with the Board and has publicly confirmed it will use Company funds to reimburse [...]
Leading independent North American proxy advisors recommend shareholders vote FOR NorthWest's seven highly qualified directors with a successful track-record at larger mining companies The integrity and future of NorthWest is at stake. Your investment is at risk. Every vote counts Nearly four months after the Activist Group declared its intentions, they have yet to put forward a legitimate plan for the future of the [...]