Peterson Law acts for Superior Copper Corporation as it closes $1,000,000 Private Placement and changes Management, Board of Directors
On January 24, 2014, Superior Copper Corporation (“Superior Copper”) closed a private placement of 20,000,000 units at a price of $0.05 per unit for gross proceeds of $1,000,000. Each unit consisted of one share and one warrant entitling the holder to purchase one common share at a price of $0.06 until January 25, 2016. Superior Copper also obtained shareholder consent for a change of management, and appointed four new directors and two new officers concurrently with closing of the private placement.
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