Cascade Copper Corp. signed a Letter of Intent to acquire 90% stake in Copper Plateau Porphyry Project located in south-central British Columbia, Canada for CAD 0.2 million.

Cascade Copper Corp. (CNSX:CASC) signed a Letter of Intent to acquire 90% stake in Copper Plateau Porphyry Project located in south-central British Columbia, Canada for CAD 0.2 million on June 22, 2023. The non-binding Letter of Intent proposes that Cascade Copper purchase 90% of the Copper Plateau Copper Moly Project by issuing CAD 200,000 worth of Cascade units.

Each unit will contain a share and a half purchase - 2 - warrant. It is expected that the definitive agreement will be signed on or around August 15, 2023. The vendor will hold a 10% working interest in the project.

On September 29, 2023, Cascade Copper Corp. (CNSX:CASC) finalized the agreement to purchase the 90% stake in Copper Plateau Porphyry Project located in south-central British Columbia, Canada.