Interra Copper Corp announced a non-brokered private placement by issuing up to an aggregate of 10,000,000 units at a price of CAD 0.075 per unit for the gross proceeds of CAD 750,000 on July 4, 2024. Each unit consists of one common share and one-half of one share purchase warrant, whereby each whole share purchase warrant shall be convertible into an additional share at an exercise price of CAD 0.15 per warrant share. The transaction was led by an insider.

Each warrant shall expire on the date that is12 months following the date of issuance. Closing of the private placement, subject to the receipt of all necessary regulatory and other approvals, is anticipated to occur in the coming weeks.