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Faraday Copper Corp. — Capital/Financing Update 2020
Jan 23, 2020
47242_rns_2020-01-23_a78d74de-a8ab-4546-8162-f331fa983cbd.pdf
Capital/Financing Update
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51-102F3 MATERIAL CHANGE REPORT
Item 1 Name and Address of Company
CopperBank Resources Corp. (the “ Company ”) 1500 – 409 Granville Street Vancouver, BC V6C 1T2 Canada
Item 2 Date of Material Change
January 23, 2020
Item 3 News Release
The news release was disseminated on January 23, 2020 through Accesswire.
Item 4 Summary of Material Change
The Company closes 1[st] tranche of its non-brokered private placement
Item 5 Full Description of Material Change
- 5.1 Full Description of Material Change
The Company announced the closing of the first tranche of its non-brokered private placement of $300,000 by the issuance of 5,000,000 shares at a price of $0.06 per share. There were no finder fees paid as part of this tranche. The private placement is subject to the approval of the Canadian Securities Exchange and the securities will be subject to a four month and one day hold period under securities laws.
- 5.2 Disclosure for Restructuring Transactions
N/A
Item 6 Reliance on subsection 7.1(2) or (3) of National Instrument 51-102
This report is not being filed on a confidential basis in reliance on subsection 7.1(2) of National Instrument 51-102.
Item 7 Omitted Information
None
Item 8 Executive Officer
Contact: Gianni Kovacevic, CEO Telephone: (604) 889-0852
Item 9 Date of Report
January 23, 2020