VANCOUVER, British Columbia, June 02, 2026 (GLOBE NEWSWIRE) -- Edge Copper Corporation (TSXV:EDCU) ("Edge Copper" or the "Company") is pleased to announce that it is commencing an overnight marketed offering of its common shares. The offering is expected to be priced at C$0.58 per common share, for aggregate gross proceeds to the Company of approximately C$15 million.
CIBC Capital Markets and Beacon Securities Limited are leading the marketing of the offering to the public in all provinces of Canada (other than Quebec) and on a private placement basis to qualified institutional buyers in the United States.
The Company proposes to use the net proceeds of the offering primarily to advance exploration and development of its wholly-owned Zonia Copper Project in Arizona.
The common shares will be offered by way of a prospectus supplement (the "Prospectus Supplement") to the Company's existing Canadian short form base shelf prospectus dated April 8, 2026 (the "Base Shelf Prospectus"). The common shares may also be placed privately in the United States in transactions exempt from registration under the United States Securities Act of 1933, as amended (the "U.S. Securities Act").
Upon completion of pricing of the offering and the signing of an underwriting agreement, the Prospectus Supplement will be filed with the securities commissions in each of the provinces of Canada (other than Quebec), and will be available on SEDAR+ at www.sedarplus.ca. A copy of the Base Shelf Prospectus can be found under the Company's profile on SEDAR+ at www.sedarplus.ca. Prospective investors should read the Prospectus Supplement in its entirety before making an investment decision. The closing of the offering is subject to the completion of formal documentation and receipt of customary regulatory approvals, including approval of the TSX Venture Exchange.
The common shares have not been and will not be registered under the U.S. Securities Act and may not be offered or sold in the United States absent registration under the U.S. Securities Act and all applicable U.S. state securities laws or in compliance with an applicable exemption therefrom. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these common shares in any state or jurisdiction in which such offer, solicitation or sale ...