Idaho Copper closes $18 million offering to fund updated CuMo project economic study

Idaho Copper Corporation

COPR

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Idaho Copper closed an underwritten public offering priced at $4.85 per share with an accompanying warrant, raising about $18 million gross.
Proceeds earmarked for an updated Preliminary Economic Assessment for the CuMo copper-molybdenum-silver project in Idaho.
Funding also targets initial prefeasibility work, with remaining proceeds allocated to general corporate purposes.
Underwriters received a 45-day option for up to 556,800 additional shares and/or warrants to cover over-allotments.

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