/NOT FOR DISTRIBUTION TO A US NEWSWIRE SERVICE OR FOR
DISSEMINATION IN THE UNITED
STATES/
Trading Symbol: CCY
VANCOUVER, June 23, 2014 /CNW/ - Catalyst Copper Corp.
("Catalyst" or the "Company") (TSX VENTURE:CCY) announces a
non-brokered private placement of up to 20,000,000 units at a price
of $0.07 per unit for gross proceeds
of up to $1,400,000.
Each unit will consist of one common share and one full common
share purchase warrant. Each whole common share purchase warrant
will be exercisable at $0.10 per
common share for a period of 5 years from closing.
Proceeds will be used for payment of costs of the study by JDS
Energy and Mining Inc., existing payables and for general working
capital.
About Catalyst Copper:
Catalyst Copper Corp. is a copper and base metal company with a
focus on copper mining projects in Mexico. Our current focus is the La Verde copper property, which is situated in
the Sierra Madre del Sur approximately 320 kilometres west of
Mexico City in Michoacán State
with excellent infrastructure: roads, rail, water and power.
Lazaro Cardenas, Mexico's third
largest port on the Pacific Ocean is 180 km from the site. A 43-101
Technical Report dated September 30,
2012 on the La Verde
property is filed on Sedar.
ON BEHALF OF THE BOARD OF DIRECTORS OF
CATALYST COPPER CORP.
"David Laing"
David Laing – CEO, President &
Director
Certain information set forth in this news release may
contain forward-looking statements that involve substantial known
and unknown risks and uncertainties. These forward-looking
statements are subject to numerous risks and uncertainties, certain
of which are beyond the control of the Company, including, but not
limited to, risks associated with mineral exploration and mining
activities, the impact of general economic conditions, industry
conditions, dependence upon regulatory approvals, and the
uncertainty of obtaining additional financing. Readers are
cautioned that the assumptions used in the preparation of such
information, although considered reasonable at the time of
preparation, may prove to be imprecise and, as such, undue reliance
should not be placed on forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Catalyst Copper Corp.