North Vancouver, BC, December 21, 2018/CNW/ - Further to its news release of December 10, 2018 (the "December 10 Release") Cascadero Copper Corporation (TSXV:CCD; the "Company") announces that it has received conditional acceptance to its proposed private placement of up to 15,000,000 units at $0.05 per unit, each unit comprised of one common share and one warrant exercisable at $0.06 for a term of 24 months.
Closing remains subject to the first closing of the sale by the Company of 30% interest in its subsidiary Cascadero Minerals Corp. as detailed in the December 10 Release, which closing is anticipated to occur in late January.
Cascadero Copper Corporation holds an extensive portfolio of mineral properties in Argentina, including 32 tenements, which in the aggregate equates to 46,000 hectares of highly prospective geology. The current property portfolio has taken 10 years to assemble and it is squarely focused on Precious Metals including Gold, Silver, Copper and a large-scale Cesium showing. The properties are mainly in Salta Province in Northwestern Argentina.
Cascadero Copper Corporation
For further information contact Bill McWilliam 778 999 3273; email@example.com
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.