ALCU

Alpha Copper Announces Non-Brokered Private Placement of Convertible Debentures and Consolidation of Common Shares

Retrieved on: 
Wednesday, October 18, 2023

The Company is also pleased to announce a consolidation of the outstanding Common Shares on the basis of one post-consolidation Common Share for every four pre-consolidation Common Shares (the “Consolidation”).

Key Points: 
  • The Company is also pleased to announce a consolidation of the outstanding Common Shares on the basis of one post-consolidation Common Share for every four pre-consolidation Common Shares (the “Consolidation”).
  • No fractional Common Shares will be issued as a result of the Consolidation.
  • Any fractional Common Shares more than one-half resulting from the Consolidation will be rounded up to the nearest whole Common Share, and any fractional shares less than one-half resulting from the Consolidation will be rounded down to the nearest whole Common Share.
  • Shareholder approval of the Consolidation is not required under the policies of the CSE nor under the Articles of the Company.

Alpha Copper Announces Acquisition of Okeover Project

Retrieved on: 
Wednesday, October 11, 2023

VANCOUVER, British Columbia, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Alpha Copper Corp. (CSE: ALCU) (OTC: ALCUF) (FWB: PP0) (“Alpha Copper” or the “Company”), a resource sector enterprise founded to create value through mineral exploration, technical development, and asset acquisition, is pleased to announce that, further to its news release on September 25, 2023, it has acquired the Okeover Copper (molybdenum) Project (the “Okeover Project”) from Northwest Copper Corp. (the “Seller”).

Key Points: 
  • VANCOUVER, British Columbia, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Alpha Copper Corp. (CSE: ALCU) (OTC: ALCUF) (FWB: PP0) (“Alpha Copper” or the “Company”), a resource sector enterprise founded to create value through mineral exploration, technical development, and asset acquisition, is pleased to announce that, further to its news release on September 25, 2023, it has acquired the Okeover Copper (molybdenum) Project (the “Okeover Project”) from Northwest Copper Corp. (the “Seller”).
  • The Company now holds a 100% undivided legal and beneficial interest in the Okeover Project, which encompasses twelve (12) mineral claims comprising approximately 4,613 hectares located in the Province of British Columbia.
  • The Consideration Shares are subject to a statutory hold period in accordance with applicable securities laws.
  • Additional details concerning the acquisition are available in the Company’s news release dated September 25, 2023.

Alpha Copper Announces Definitive Agreement to Acquire Okeover Project

Retrieved on: 
Monday, September 25, 2023

VANCOUVER, British Columbia, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Alpha Copper Corp. (CSE: ALCU) (OTC: ALCUF) (FWB: PP0) (“Alpha Copper” or the “Company”), a resource sector enterprise founded to create value through mineral exploration, technical development, and asset acquisition, is pleased to announce that it has entered into a definitive agreement (the “Agreement”) with Northwest Copper Corp. (the “Seller”), pursuant to which it proposes to acquire a 100% undivided legal and beneficial interest in the Okeover Copper (molybdenum) Project (the “Okeover Project”), which encompasses twelve (12) mineral claims comprising approximately 4,613 hectares located in the Province of British Columbia (the “Acquisition”).

Key Points: 
  • VANCOUVER, British Columbia, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Alpha Copper Corp. (CSE: ALCU) (OTC: ALCUF) (FWB: PP0) (“Alpha Copper” or the “Company”), a resource sector enterprise founded to create value through mineral exploration, technical development, and asset acquisition, is pleased to announce that it has entered into a definitive agreement (the “Agreement”) with Northwest Copper Corp. (the “Seller”), pursuant to which it proposes to acquire a 100% undivided legal and beneficial interest in the Okeover Copper (molybdenum) Project (the “Okeover Project”), which encompasses twelve (12) mineral claims comprising approximately 4,613 hectares located in the Province of British Columbia (the “Acquisition”).
  • The Seller has granted the Company an irrevocable right of first refusal to repurchase the Shares should the Seller decide to sell them in the future.
  • In addition, the Company granted to the Seller a 2% net smelter returns royalty on the Okeover Project (the “Royalty”) subject to the Company’s buyback option of one-half (1%) of the Royalty for an aggregate consideration of $1,000,000.
  • The Shares will also be subject to a statutory hold period in accordance with applicable securities laws.

Alpha Copper Announces Results of Magnetic 3D Inversion Study at the Star Project

Retrieved on: 
Thursday, May 18, 2023

“The results of the magnetic inversion study are consistent with the known extent of the mineralized system at the Star target to date,” stated Darryl Jones, CEO of Alpha.

Key Points: 
  • “The results of the magnetic inversion study are consistent with the known extent of the mineralized system at the Star target to date,” stated Darryl Jones, CEO of Alpha.
  • The 3D magnetic inversion was completed using high-resolution aeromagnetic data acquired during a 2013 heli-borne magnetic survey at 100 metre flight line spacing.
  • Plan-view of the Star Project mineral tenure with magnetic 3D modelled isosurfaces and predefined target areas shown is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/95d23e11-0ebc-4778-b... .
  • The pink isosurfaces are the resultant coarse 3D inversion, and the teal isosurfaces show the results of a more detailed modelled 3D inversion.

Alpha Copper Introduces Star Project and Agreement with Tahltan Central Government

Retrieved on: 
Thursday, March 30, 2023

The Company has an option to acquire 100% of the Star Project, is situated in the traditional territory of the Tahltan Central Government (TCG).

Key Points: 
  • The Company has an option to acquire 100% of the Star Project, is situated in the traditional territory of the Tahltan Central Government (TCG).
  • Alpha further announces that it has signed a Communications and Engagement Agreement with the TCG (the “Agreement”).
  • This is the first step to a respectful and constructive collaboration as we explore for copper and gold in Tahltan Traditional Territory,” stated Darryl Jones, CEO of Alpha.
  • “The Star Project was the impetus for our acquisition of CAVU Energy Metals in 2022 and is a porphyry project of merit.

Alpha Copper Terminates Okeover Option Agreement

Retrieved on: 
Monday, March 20, 2023

VANCOUVER, British Columbia, March 20, 2023 (GLOBE NEWSWIRE) -- Alpha Copper Corp. (CSE: ALCU) (OTC: ALCUF) (FWB: PP0) (“Alpha,” “Alpha Copper,” or the “Company”), a resource sector enterprise founded to create value through mineral exploration, technical development, and asset acquisition, announces that it has terminated the option agreement for the Okeover project.

Key Points: 
  • VANCOUVER, British Columbia, March 20, 2023 (GLOBE NEWSWIRE) -- Alpha Copper Corp. (CSE: ALCU) (OTC: ALCUF) (FWB: PP0) (“Alpha,” “Alpha Copper,” or the “Company”), a resource sector enterprise founded to create value through mineral exploration, technical development, and asset acquisition, announces that it has terminated the option agreement for the Okeover project.
  • The Okeover project is situated approximately 20 km north of Powell River within the traditional territory of the Tla'amin First Nation.
  • “We decided to terminate the option agreement based on all exploration results to date,” stated Darryl Jones, CEO of Alpha, “after careful consideration it became clear to us that the value of the option deal did not reflect the value of the project anymore.
  • Collar locations for diamond drill holes in the 2022 Okeover drill program.

Alpha Copper Hopper Project Receives 10-Year Exploration Permit

Retrieved on: 
Thursday, February 9, 2023

VANCOUVER, British Columbia, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Alpha Copper Corp. (CSE: ALCU) (OTC: ALCUF) (FWB: PP0) (“Alpha,” “Alpha Copper,” or the “Company”) a resource sector enterprise founded to create value through mineral exploration, technical development, and asset acquisition, is pleased to introduce the road-accessible Hopper copper-porphyry project to its shareholders.

Key Points: 
  • VANCOUVER, British Columbia, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Alpha Copper Corp. (CSE: ALCU) (OTC: ALCUF) (FWB: PP0) (“Alpha,” “Alpha Copper,” or the “Company”) a resource sector enterprise founded to create value through mineral exploration, technical development, and asset acquisition, is pleased to introduce the road-accessible Hopper copper-porphyry project to its shareholders.
  • “The Hopper Project is a great project with a lot of exploration upside,” stated Darryl Jones, CEO of Alpha.
  • We believe there is something big here and are looking forward to unlocking the project’s potential.”
    The Hopper is a porphyry copper project with adjacent skarn mineralization in southwest Yukon.
  • In 2021 drilling intersected strong propylitic, and intervals of potassic, alteration and copper mineralization from surface down to 116m depth.

Alpha Copper Provides Indata Project 2022 Drill Program Assay Results

Retrieved on: 
Monday, January 23, 2023

starting at 113.7 meters.”

Key Points: 
  • starting at 113.7 meters.”
    7km-long trend defined with Molybdenum Zone 74, Copper Porphyry at North Lake Zone, and carbonate style mineralization to the north at hole 84.
  • VANCOUVER, British Columbia, Jan. 23, 2023 (GLOBE NEWSWIRE) --  Alpha Copper Corp. (CSE: ALCU) (OTC: ALCUF) (FWB: PP0) (“Alpha,” “Alpha Copper,” or the “Company”) a resource sector enterprise founded to create value through mineral exploration, technical development, and asset acquisition, and Eastfield Resources Ltd. (“Eastfield”) are pleased to report on the 2022 fieldwork diamond drill program results at the Indata project located in central British Columbia.
  • We look forward to receiving the final two drill hole results as we continue to develop an increasingly promising asset overview.”
    Significant assay results from the program include drill hole IN22-82 that targeted the Lake Copper Zone and drill hole IN22-74 which discovered a brand-new molybdenum (“Mo”) mineralized system 5 kilometers to the south.
  • Figure 1: Drill location map on the Indata Project, in Central British Columbia
    Drill Hole IN22-82 intersected 173.6 meters grading 0.23% copper starting at 2.9 meters including 28.9 meters grading 0.47% copper starting at 2.9 meters.

Alpha Provides Update on Recently Completed 2000m Drill Program at Okeover Project

Retrieved on: 
Wednesday, January 4, 2023

VANCOUVER, British Columbia, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Alpha Copper Corp. (CSE: ALCU) (OTC: ALCUF) (FSE: PP0) (“Alpha” or the “Company”) is pleased to announce the completion of a 2000m confirmation drill program at its Okeover project in coastal British Columbia.

Key Points: 
  • VANCOUVER, British Columbia, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Alpha Copper Corp. (CSE: ALCU) (OTC: ALCUF) (FSE: PP0) (“Alpha” or the “Company”) is pleased to announce the completion of a 2000m confirmation drill program at its Okeover project in coastal British Columbia.
  • Indata Geoscience led all field work associated with the program and Superior Diamond Drilling carried out the drill campaign.
  • The 2022 drill program confirmed an open-ended aerial extent of low-grade porphyry-style mineralization (250 x 350m) and extended known mineralized rocks to at least 530m depth (OK-22-04).
  • With encouraging visual mineralization and correlation in the old drill logs the company felt the program was a success in the early stages.

Alpha Copper Completes Acquisition of Cavu Energy Metals

Retrieved on: 
Monday, December 19, 2022

VANCOUVER, British Columbia, Dec. 19, 2022 (GLOBE NEWSWIRE) -- Alpha Copper Corp. (CSE: ALCU) (OTC: ALCUF) (FSE: PP0) (“Alpha”) and CAVU Energy Metals Corp. (CSE: CAVU) (OTC:CAVVF) (FSE: 5EO) (“CAVU”) are pleased to announce the successful completion of the previously announced acquisition of all of the issued and outstanding common shares of CAVU (the “CAVU Shares”) by Alpha pursuant to a statutory plan of arrangement under the Business Corporations Act (British Columbia) (the “Transaction”).

Key Points: 
  • VANCOUVER, British Columbia, Dec. 19, 2022 (GLOBE NEWSWIRE) -- Alpha Copper Corp. (CSE: ALCU) (OTC: ALCUF) (FSE: PP0) (“Alpha”) and CAVU Energy Metals Corp. (CSE: CAVU) (OTC:CAVVF) (FSE: 5EO) (“CAVU”) are pleased to announce the successful completion of the previously announced acquisition of all of the issued and outstanding common shares of CAVU (the “CAVU Shares”) by Alpha pursuant to a statutory plan of arrangement under the Business Corporations Act (British Columbia) (the “Transaction”).
  • As a result of the Transaction, Alpha issued an aggregate of 25,485,016 Alpha Shares, resulting in the existing Alpha and former CAVU shareholders owning approximately 69.5% and 30.5%, respectively, of the Alpha Shares outstanding, on a non-diluted basis.
  • Alpha has received acceptance of the Canadian Securities Exchange (the “CSE”) to list the Alpha Shares issued pursuant to the Transaction on the CSE.
  • On Behalf of the Board of Directors of Alpha and CAVU,