Kutcho Copper Corp. announced a non brokered private placement to issue 10,000,000 units at an issue price of CAD 0.10 per unit for the gross proceeds of CAD 1,000,000 on December 13, 2023. Each Unit will consist of one common share and one transferable common share purchase warrant exercisable at a price of CAD 0.20 per common share for a period of 24 months from the closing date, subject to accelerated expiry as described herein.

The closing of the Offering is subject to the Company?s receipt of TSX Venture Exchange approval for the Offering. The Company may pay finder?s fees and grant finder?s warrants under the Offering as permitted by TSX Venture Exchange policy and applicable securities laws. All securities issued under the Offering will have a hold period of four months and a day from the date of issuance.

Certain insiders of the Company may participate in Private Placement.