Idaho Copper entered into an Underwriting Agreement with ThinkEquity for a firm-commitment public offering of 3,712,000 shares and accompanying warrants at $4.85 per share and warrant, totaling approximately $18 million. Warrants are exercisable at $5.75. Net proceeds are expected to be about $16 million, to fund an updated Preliminary Economic Assessment, the first phase of prefeasibility work, and general corporate purposes. The underwriters have a 45-day over-allotment option for up to 566,800 shares and/or warrants; closing is expected July 6, 2026. The stock and warrants are approved for NYSE American listing under COPR and COPR WS.
Agreement details:
- Agreement type: Underwriting agreement for firm-commitment public offering of common stock and warrants
- Counterparty: ThinkEquity
- Signed / Effective: Jul 01 2026 / same
- Reason: Raise capital for project studies and working capital
Original SEC Filing:
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