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Cerro de Pasco Resources Closes $1M Second Tranche of Private Placement and Provides Corporate Update on Quiulacocha Tailings Project

Share this article CSE: CDPR MONTRÉAL, April 27, 2021 /CNW/ - Cerro de Pasco Resources Inc. (CSE: CDPR) (OTCPK: GPPRF) (FRA: N8HP) ( CDPR or the Company ) is pleased to announce that it has closed a second tranche of its previously announced non-brokered private placement offering (the Offering ).  In connection with the closing of the initial tranche, the Company issued 3,022,128 units (each, a Unit ) at a price of $0.35 per Unit for gross proceeds of $1,057,745.  Each unit consists of one common share of the Company (each, a Share ) and one-half of one common share purchase warrant (each full warrant, a Warrant ).  Each Warrant entitles the holder to purchase an additional common share at a price of $0.50 for a period of 24 months from the date of issuance. The net proceeds of the Offering will be used for general working capital purposes and for the advancement of the Quiulacocha tailings retreatment project in Peru.

Slave Lake Zinc Corp: Slave Lake Zinc Explores the O Connor Lake Property

Slave Lake Zinc Corp: Slave Lake Zinc Explores the O Connor Lake Property
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Cerro de Pasco Resources Announces $2 5M Offering to Advance Tailings Retreatment Project in Peru

Share this article MONTRÉAL, April 7, 2021 /CNW Telbec/ -  Cerro de Pasco Resources Inc. (CSE: CDPR) (OTC-PINK: GPPRF) (Frankfurt: N8HP) ( CDPR or the Company ) is pleased to announce its intention to complete a $2,500,000 non-brokered private placement offering (the Offering ) issuing up to 7,142,857 units of the Corporation ( Units ), each Unit consisting of one common share (a Share ) and one-half of one Share purchase warrant (each whole, a Warrant ), at a price of $0.35 per Unit. Each Warrant will entitle its holder to purchase one additional Share at a price of $0.50 per Share for a period of 24 months from the date of closing of the Offering.

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