Kutcho Copper Corp. (TSXV: KC) (OTC: KCCFF) is pleased to announce that it has closed its previously announced non-brokered private placement of $5,000,000. The Company issued 5,263,158 common shares at a price of $0.95 per common share. The Private Placement is subject to final TSX Venture Exchange approval.
All shares issued under the private placement are subject to a hold period of four months and one day from closing. The Company paid $300,000 finder’s fees to Generic Capital Corporation in connection with the Private Placement.
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We acknowledge the [financial] support of the Government of Canada.