MONTREAL, QUEBEC--(Marketwired - Apr 10, 2013) - Copper One Inc. (TSX VENTURE:CUO) (the "Company" or "Copper One") today announced that it has extended the term of 12,321,428 common share purchase warrants (the "Warrants") that were issued as part of an offering which closed on March 31, 2011. 3,750,000 Warrants are exercisable for one common share in the capital of Copper One, at an exercise price of $0.60 and 8,571,428 Warrants are exercisable at a price of $0.50. Copper has submitted an application to the TSX Venture Exchange to have the expiration date of the Warrants extended to April 28, 2014.
About Copper One Inc.
Copper One is focused on developing high-value copper deposits in leading mining jurisdictions. The Company is led by a diverse team of explorers, developers and operators with major company experience and a clear understanding of the business of mining. The Copper One portfolio includes the Rivière Doré copper-nickel project, located near Val d'Or, Quebec, the Queylus copper-gold project, located in the Chibougamau mining district in Quebec and six other properties located in the Arizona and New Mexico copper mining districts.
For more information about Copper One Inc., please visit: www.copperone.com.
On behalf of the board of directors of Copper One Inc.,
Benoit Moreau, President & Chief Executive Officer
FORWARD-LOOKING INFORMATION : This document includes forward-looking information as well as historical information. Forward-looking information includes, but is not limited to, statements with respect to the Company's planned drilling program for 2013, the continued advancement of the Company's general business and the Company's development of mineral exploration projects. When used, in this document, the words "anticipate", "believe", "estimate", "expect", "intent", "may", "project", "plan", "should" and similar expressions may identify forward-looking information. Although Copper One, Inc. believes that their expectations reflected in this forward-looking information are reasonable and are based on the information currently available to the Company, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with such forward-looking information. Important factors that could cause actual results to differ from this forward-looking information includes the potential for fluctuations in the marketplace for the sale of minerals, the inability to implement corporate strategies, the inability to obtain financing and other risks disclosed in the Company's public filings made with Canadian Securities Regulators and available under the Company's profile at www.sedar.com. This forward-looking information contained in this press release is made as of the date hereof and the Company does not undertake to update such information, except as required by securities laws.
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