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Kodiak Copper closes oversubscribed C$15M financing to advance 2026 exploration at MPD project

Company Fundamentals
25 Jun 2026
Newsfile Corp
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Bullish
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Kodiak Copper Corp. successfully closed an oversubscribed private placement raising approximately C$15 million, including charity flow-through and common shares. The funds will support exploration and resource expansion at its MPD copper-gold project in British Columbia, which shows strong potential for growth and new discoveries. Kodiak’s largest shareholder participated to maintain its stake, and the company plans to use proceeds for exploration expenses and general corporate purposes. This financing positions Kodiak well for an active 2026 drilling program aimed at expanding its maiden resource and testing high-priority targets.

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