Alpha Copper Announces Signing of Option Agreement, Unit Financing, Investor Relations Engagement and Stock Option Grant

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VANCOUVER, British Columbia, Jan. 14, 2022 (GLOBE NEWSWIRE) – Alpha Copper Corp. Company ”) (CSE: ALCU) is pleased to announce that it has entered into an electoral agreement (” Agreement “) and Northwest Copper Corp. (” Northwest ”) And Eastfield Resources Corp. (“ Eastfield “) When the Company was given the opportunity to earn 100% interest in the Okeover Copper Project, based in British Columbia (” Assets “).

The Property (copper-molybdenum) contains 12 cotiguous legacy and cell mineral claims located in the Vancouver Mining Division southwest of British Columbia, 25 miles north of Powell River and 145 miles northwest of Vancouver. In total, the claim covers an area of ​​approximately 4,614 hectares.

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Subject to this Agreement, the Company may receive a 100% interest rate on the Goods by providing ordinary shares in the Company’s headquarters (“ Common Shares “) to the Northwest and spend some money on this Property, all as described below:

(a) by providing Common Shares in the Northwest, as follows:
(i) Ordinary Sections valued at $ 250,000 on the date of this Agreement;
(ii) Shared Contributions Costing $ 500,000, no later than 12 (12) months from the effective date of the Agreement;
(iii) Shared Contributions Costing $ 750,000, on or before the date of twenty-four (24) months from the effective date of the Agreement; and
(iv) Increased Shares of Common Shares so that in the northwest there are 10% of the shares provided by the company and the remaining shares remaining on the day before delivery, on or before the date which is thirty-six (36) months from the date of operation of the Agreement;
(b) by spending less than $ 5,000,000 on the Goods, as follows:
(i) $ 500,000, on or before the remaining 12 (12) months from the effective date of the Agreement;
(ii) an additional amount of $ 1,500,000, on or before the date of twenty-four (24) months from the effective date of the Agreement; and
(iii) An additional $ 3,000,000, on or before the date which is thirty-six (36) months from the effective date of the Agreement.

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The agreement also contains a clause, which applies to the Company receiving a 100% interest rate on the Goods, at 2% of the Northwest smelter empire. Half of the smelter smelter revenues, thereby reducing the 1% solvent solvent, can be repurchased by the Company paying $ 1,000,000 in the Northwest at any time prior to the commercialization of the Site. The product has a value of 2.5% which can be repurchased at a cost of $ 2,000,000 when starting a business on the product.

This agreement, in addition to the overall provision of the protections contemplated there, is subject to certain restrictive conditions. All Affidavits issued in accordance with this Agreement shall have a fixed period of four months and one day from the date of issue.

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Money

The company is also pleased to announce that it intends to complete a non-business privacy event (” Secret Installation ”) Of mobile units (each,“ FT section “) of the Company at $ 0.65 per FT Unit at a total cost of $ 1,500,000 and non-passable units (each,” NFT section “) of the Company at $ 0.50 per NFT Unit at a total cost of $ 6,000,000.

Each FT division will have one Common Share Section, issued in accordance with the Income Tax Act (Canada), with the option to purchase one section (each, ” Permission “). Each license will be valid for $ 1.00 per unit for two years from the date of issue. Each NFT section will have one section and one Warrant.

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Acquisition fees may be paid in accordance with the principles of the Canadian Securities Exchange. The Company intends to use all proceeds from Private Placement to support some of its activities under this Agreement and for operating and operating purposes.

Investor Relations

The company is also pleased to announce that it has partnered with Invictus Investor Relations Inc., based in Vancouver, BC, with the aim of sponsoring affiliate and affiliate program programs in the coming year. The relationship is for one year and pays monthly $ 7,500.

Marketing Options

The company has announced that it has offered incentives (” Choices “) to purchase 1,900,000 Common Shares at a cost of $ 0.60 per share for directors, officers, and other employees of the Company in accordance with the terms of its election decision.

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IN THE GROUP OF FRIENDS OF ADULTS

Darryl Jones

Darryl Jones
CEO and Director
604-788-9533

More information about the Company is available on the SEDAR website, www.sedar.com.

Neither the CSE Exchange nor the Regulation Services Provider (as the term implies in the terms of the CSE Exchange) does not accept responsibility for the completeness or accuracy of the release.

The comments included in this announcement, including the statement of our plans, goals and expectations, which were not historically accurate and appropriate, and are identified as, “forward-looking statements”. Forward-looking sentences can be identified by terms such as “expectation”, “believing”, “wanting”, “comparing”, “waiting” and similar words. The Company warns readers that forward-looking statements, including unlimited information about the company’s future performance and business performance, have other risks that may make the actual results different from those presented in the forward statement.

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