Copper Road Closes $400,000 Private Placement

TORONTO, March 21, 2023 (GLOBE NEWSWIRE) -- Copper Road Resources Inc. (TSXV: CRD) (“Copper Road” or the “Company”) announces that is has completed its previously announced non-brokered private placement consisting of the sale of 5,000,000 units of the Company (each, a “Unit”) at a price of $0.08 per Unit for aggregate gross proceeds of $400,000 (the “Offering”). Each Unit was comprised of one common share of the Company and one common share purchase warrant (each, a “Warrant”). Each Warrant entitles the holder thereof to purchase one common share of the Company at a price of $0.15 for a period of 24 months following the closing date of the Offering.

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