Copperbank and Gianni Kovacevic delivers on his promises. The company is traded on the Canadian Stock Exchange under Symbol CBK and in Frankfurt under Symbol 9CP. CM-Equity has presented this investment case several times to our professional investors. Many of them are very happy now as the company and its CEO are on a move.
In preparation and on the spot of their current drill program for copper in Alaska, the company has raised within the last 4 months 3 private placements 1,4 Mio CAD @ 0,08 CAD – 500k CAD @ 0,12 and 750k CAD at 0,15 CAD. All 3 rounds where placed and closed within days with strategic and long term shareholders. The last one which was just announced on Friday Aug 18th was closed at 0,15 CAD – above market (Copperbank shares closed at 0,14 CAD on Friday). This builds shareholder value that is supported from the current drill program as well as the bright outlook for a strong demand from the eltromobility industry where copper is an important commodity.