Carube Copper announces today that the Company has closed the third and final tranche of its previously announced non-brokered private placement of up to $3,000,000 through the issuance of 18,236,169 units at a price of $0.06 per unit for aggregate proceeds of $1,094,170. The aggregate gross proceeds raised pursuant to the Offering was $3,000,000 through the issuance of 50,000,000 units. Each unit is comprised of one [...]
Carube Copper announces today that the Company has closed a second tranche of its non-brokered private placement of up to $3,000,000 announced on December 1, 2017 and March 9, 2018. Aggregate proceeds of $1,789,400 were raised in this second tranche for 29,823,331 units issued at $0.06 per unit. The proceeds for this second tranche and the first tranche which closed on February 1, 2018 combine for a total of $1,905,830 [...]
Carube Copper announces today that the Company will settle certain indebtedness by issuing common shares at a deemed price of $0.0592 per share in lieu of cash to McLean Kerr LLP in the amount of $22,202. This amount is additional to the amounts mentioned in a press release earlier today. The settlements are subject to the approval of the TSX Venture Exchange and upon issuance, the shares will be subject to a four month [...]
Carube Copper announces today that the Company will settle certain indebtedness by issuing common shares at a deemed price of $0.06 per share in lieu of cash to Irwin Professional Corporation in the amount of $119,438; and, Alar Soever in the amount of $29,271. The Company will also settle certain indebtedness by issuing common shares at a deemed price of $0.0546 per share in lieu of cash to [...]
Carube Copper announces today that its current Board of Directors has proposed a slate of directors for the upcoming Special and Annual General Meeting scheduled for May 24th, 2018. The Board has also appointed Tony Houston as interim CEO and President of the company. Jeff Ackert, incumbent CEO and President will become VP of Business Development. Tony Manini will take over as Chairman. Mr. Manini commented "We are happy [...]
Carube Copper is pleased to announce that the Company has increased the maximum amount of its private placement financing from $1.2M to $3.0M. The Company expects to close a second and final tranche of the private placement on or before March 22, 2018. As announced in a news release dated December 1, 2017, the Company initially intended to raise an aggregate of $1,200,000 by way of a non-brokered private placement of up [...]
Carube Copper announces today that the Company has applied for and received consent from the TSX Venture Exchange to extend the closing date for its private placement financing for an additional 30 days from February 14, 2018. The Company expects to close the private placement prior to that time. As announced in a news release dated December 1, 2017, the Company intends to raise an aggregate of $1,200,000 by way of a [...]
Carube Copper announces today that its Board of Directors has decided to postpone its Annual General Meeting scheduled for March 8th, 2018 due to certain pending corporate developments. The meeting will be rescheduled in the near future, once the pending corporate developments are finalized. About Carube Copper Carube is focused on the exploration and development of copper and gold projects in Jamaica and Canada. In [...]
Carube Copper announces today that the Company has closed the first tranche of its non-brokered private placement of up to $1,200,000 announced on December 1, 2017. Aggregate proceeds of $116,430 were raised in this first tranche for 1,940,500 units issued at $0.06 per unit. Each unit is comprised of one common share of the Company and one half of one Common Share purchase warrant. Each Warrant is exercisable into one [...]
Carube Copper announces today that the Company has applied for and received consent from the TSX Venture Exchange to extend the closing date for its private placement financing until February 14, 2018. The Company may close the private placement in one or more tranches prior to that time. As announced in a news release dated December 1, 2017, the Company intends to raise an aggregate of $1,200,000 by way of a non-brokered [...]
Carube Copper announces today that, subject to TSX Venture Exchange approval, it intends to raise an aggregate of $1,200,000 by way of a non-brokered private placement of up to 20,000,000 Units of the Company at a price of $0.06 per Unit. Each Unit will be comprised of one common share in the capital of the Company and one half of one Common Share purchase warrant. Each Warrant shall be exercisable into one Common Share [...]
Carube Copperis pleased to report the results from drill holes HEN-17-013, PSE-17-001 and PSE-17-002, from the Hendley and Provost South East Prospects within the 100% owned Bellas Gate Project in Jamaica. These holes were drilled in the recently completed 1,900m scout drill campaign that investigated 3 of the 17 targets areas within a 6.5km by 4.0km belt. Copper mineralization was intersected in all of the 3 targets [...]