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$CPL.V

2 stories mentioning CPL.VUpdated 29d ago

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Mining & Metals

Copper Lake Resources Appoints Toby Pierce and Tania Archer to Board of Directors

Copper Lake Resources (CPL.V) on Friday said it appointed of Toby Pierce and Tania Archer to its board of directors, effective immediately.Pierce is a "recognized entrepreneur", investor, and public company executive with "extensive experience" in capital markets, strategic growth, and resource development, said the company. He has played a leadership role in the "advancement and financing of numerous public companies and brings significant expertise in corporate strategy, investor relations, and business development," stated the company.Archer is an "experienced" executive and corporate strategist with a broad background in operational development, capital markets, and corporate communications across the junior venture and emerging growth sectors, said the company. She has worked closely with a number of publicly listed companies in the mining, wealth management and technology sectors and brings a "strong background" in stakeholder engagement, corporate development, and strategic execution, added the company."We are very pleased to welcome Toby Pierce and Tania Archer to the Board of Copper Lake Resources," said Terry MacDonald, Chief Executive Officer. "Toby brings a strong entrepreneurial and capital markets background, while Tania contributes comprehensive expertise in corporate strategy, communications, and investor engagement. Their combined expertise and networks will be valuable assets as we continue advancing Copper Lake's projects and positioning the Company for future growth."The appointments remain subject to the approval of the TSX Venture Exchange.The company's shares last traded May 28, closing at $0.225 on the TSX Venture Exchange.

$CPL.V
Mining & Metals

Copper Lake Resources to Launch 20-For-1 Reverse Stock Split

Copper Lake Resources (CPL.V) intends to consolidate its common shares on the basis of 20 pre-consolidation common shares for every one post-consolidation common share effective as of May 8, it said Wednesday.The company currently has 271-million common shares issued and outstanding, and following the consolidation, the company will have about 13.6-million common shares issued and outstanding, prior to rounding for fractional shares.Its outstanding options of 19.5-million and warrants of 15.9-million will also be adjusted on the same basis as the common shares with proportionate adjustments being made to exercise prices.Shares of the company were last seen unchanged at $0.02 on the TSX Venture Exchange.

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