Consolidated Woodjam Copper Completes Private Placement, Grants Stock Options

2017-06-28 / @thenewswire

 

(TheNewswire)

Vancouver, BC / TheNewswire / June 28, 2017 - Consolidated Woodjam Copper Corp. ("Woodjam Copper") (TSX-V: WCC) has completed, subject to regulatory approval, a brokered private placement for the sale of 2,000,000 units at a price of $0.06 per unit (each unit comprising one common shares and one warrant for the purchase of one additional common share at a price of $0.08 per share for a term of three years from the date of closing of the private placement).

All the securities issued in the private placement are subject to a four month hold period and may not be traded until four months from the date of regulatory approval. The company will pay a commission of 18,000 common shares on behalf of the placement. The proceeds of the offering shall be applied to administration costs.

On behalf of the board of directors of Consolidated Woodjam Copper Corp.;

Donald D. Sharp

Donald D. Sharp, C.A.

Director & CFO

Consolidated Woodjam Copper Corp.

Contact: Paul Way, Business Development Manager

(604) 681-7913

Toll Free: 888-656-6611

pway@eastfieldgroup.com

About Consolidated Woodjam Copper Corporation

Consolidated Woodjam Copper Corp. ("Woodjam Copper") (TSX-V: WCC) trades on the TSX-V exchange and, based on its acquisition agreement with Gold Fields, owns a 100% interest in the Woodjam North and Woodjam South projects in British Columbia. Visit the Company's website at: http://www.woodjamcopper.com

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