VANCOUVER, British Columbia — January 19, 2026 — Leads & Copy — King Copper Discovery Corp. has announced the closing of a non-brokered private placement financing, raising gross proceeds of $15,000,000.
The financing consisted of 25 million units at a price of $0.60 per unit. Each unit includes one common share in the company’s capital and one common share purchase warrant, exercisable at $0.98 for two years.
All securities issued are subject to a statutory four-month hold period, according to applicable securities law.
Subscribers in the financing included a director and a corporate subscriber controlled by a company director, accounting for 150,000 units and $90,000 of the gross proceeds. The company relied on exemptions from formal valuation and minority approval requirements related to these transactions.
The company plans to use the net proceeds for general working capital and for assessing and evaluating copper exploration and development opportunities in South America.
Jonathan Richards, Chief Executive Officer, is the contact for the company.
Contact details for investor relations include +1 604 229 5208 and info@kingcopperdiscovery.com.
Source: King Copper Discovery
