CopAur Minerals Inc. announced a non-brokered private placement of 5,000,000 units at a price of CAD 1 per unit to raise gross proceeds of CAD 5,000,000 on February 18, 2022. The transaction may include participation from insiders of the company. Each unit consists of one common share and one-half of one common share purchase warrant.

Each warrant will entitle the holder to purchase one additional common share at a price of CAD 1.30 per share for a period of two years. The company may pay finders' fee in the transaction to eligible persons in compliance with applicable securities laws and exchange policies. The transaction is subject to TSX Venture Exchange approval.