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Copper One Closes Private Placement Financing

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TORONTO, ONTARIO--(Marketwired - Aug. 4, 2016) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Copper One Inc. (TSX VENTURE:CUO) ("Copper One" or the "Company) is pleased to announce that it has closed its previously announced brokered private placement offering of units (the "Units") at a price of $0.13 per Unit. The Company issued 17,084,801 Units for aggregate gross proceeds of $2,221,024.13 (the "Offering"). Each Unit consists of one common share of the Company and one common share purchase warrant (a "Warrant"). Each whole Warrant entitles the holder thereof to acquire one common share of the Company at a price of $0.20 for a...

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