Northern Peru Copper Corp.
TSX : NOC

Northern Peru Copper Corp.

November 11, 2005 13:41 ET

Northern Peru Announces Private Placement of Shares

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 11, 2005) -

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Northern Peru Copper Corp. (TSX:NOC) announces a brokered private placement of up to $3,100,000 through a syndicate led by Westwind Partners Inc. (the "Agents"). These funds will be raised by the Company issuing up to 2 million common shares at a price of $1.55 per share. A commission of 5.75% of the gross proceeds received from the offering will be paid to the Agents. The common shares will be subject to a four month hold period.

The funds raised by way of the private placement will be used for continuing exploration of the company's Galeno property in northern Peru and for general corporate purposes.

This news release is not an offer of securities for sale in the United States. The securities comprising this offering have not been, and will not be, registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent such registration or an exemption from registration.

NORTHERN PERU COPPER CORP.

Marshall Koval, President

Contact Information

  • Northern Peru Copper Corp.
    Marshall Koval
    President
    (604) 687-0407
    (604) 687-7041 (FAX)