MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES.
−Removed: Common Stock is currently quoted on the OTC Pink marketplace of OTC Markets Group, Inc., under the
−Removed: symbol “COPR.” There is currently a limited trading market for the Common Stock and there is no assurance that
−Removed: a regular trading market will ever develop.
+Added: Common Stock is currently quoted on the OTC Pink marketplace of OTC Markets Group, Inc., under the symbol “COPR.” There is
+Added: currently a limited trading market for the Common Stock and there is no assurance that a regular trading market will ever develop.
of May 15, 2024, there were 480 holders of record of Common Stock, based on information provided by the Company’s transfer agent.
7 unchanged sentences
upon earnings, if any, capital requirements and financial position, the Company’s general economic conditions, and other pertinent
−Removed: Recent Sales of Unregistered
−Removed: On January 12, 2024, we entered into
−Removed: Unit Subscription Purchase Agreements (“Subscription Agreements”) with purchasers for an aggregate of 23
−Removed: (“Units”) at a price of $12,000 per Unit.
−Removed: Each Unit comprised of one (1) share of Series A Convertible Non-Voting Preferred Stock, $0.001 par value
−Removed: per share (the “Series A Preferred Stock”), and (ii) 62,500 common stock purchase warrants (the “Warrants”).
−Removed: The rights and preferences of the Series A Preferred Stock, include without limitation, the right of each holder thereof to convert
−Removed: each share of Series A Preferred Stock into 50,000 shares of the Company’s common stock, par value $0.001 par value per share
−Removed: (“Common Stock”), as set forth in the Certificate of Designation of Series A Convertible Non-Voting Preferred Stock (the
−Removed: “Certificate of Designation”).
−Removed: The Warrant holders have the right to exercise the Warrants for three (3) years at an
−Removed: exercise price of $0.24 per share of Common Stock.
−Removed: The Units were offered and sold in reliance upon exemptions from the registration
−Removed: requirements provided by Section 4(a)(2) of the Securities Act of 1933, as amended, and/or Rule 506(b) of Regulation D promulgated
−Removed: The Company has agreed to file a registration statement to cover the re-sale of the shares of Common Stock issuable upon
−Removed: the conversion of the Series A Preferred Stock, and upon the exercise of the Warrants.
−Removed: The Company intends to utilize the net
−Removed: proceeds from the sale of the Units in the Offering for working capital and general corporate purposes.
+Added: Sales of Unregistered Securities
+Added: February 28, 2024, through March 28, 2024, the Company conducted a private placement offering pursuant to which it entered into
+Added: subscription purchase agreements with accredited investors for an aggregate of 162.66 Units (the “Units”), at a purchase
+Added: price of $12,000 per Unit for an aggregate purchase price of approximately $1,952,000 (the “Newbridge Private Placement
+Added: Each Unit was comprised of one (1) share of Series A Convertible Non-Voting Preferred Stock, $0.001 par value per
+Added: share, and (ii) 62,500 Common Stock purchase warrants (the “Warrants”).
+Added: The Warrants entitle the holders to shares of
+Added: Common Stock for three (3) years, at an exercise price of $0.24 per share.
+Added: Newbridge Securities Corporation acted as the sole
+Added: placement agent (the “Placement Agent”) on a best-efforts basis pursuant to a Placement Agency Agreement dated September
+Added: 7, 2023, as amended on December 27, 2023.
+Added: Pursuant to this agreement, the Placement Agent received cash commissions of $195,200,
+Added: representing 10.0% of the gross purchase price of the Units sold.
+Added: Certain members of the Placement Agent participated as investors
+Added: in the Newbridge Private Placement Offering.
Stock Regulations
27 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.