Peterson Law acts for Superior Copper Corporation as it closes its $3,555,000 Private Placement
On May 7, 2014, Superior Copper Corporation (“Superior Copper”) closed a non-brokered private placement of 25,175,000 hard-dollar units (“HD Units”) at a price of $0.10 per HD Unit, and 10,375,000 flow-through shares at a price of $0.10 per flow-through share for aggregate gross proceeds of $3,555,000. Each HD Unit is comprised of one common share and one-half common share purchase warrant. Each whole such warrant entitles the holder to purchase one additional common share of Superior Copper at a price of $0.15 until May 7, 2016.
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