CopperBank Resources Corp. May 12 reported the closing of a C$1.4 million non-brokered private placement that included the issuance of 17.5 million common shares at C8 cents each.

In April, CopperBank announced plans to carry out a roughly US$750,000 exploration program at Pyramid, a copper-molybdenum-gold project on Aleut Corporation lands on the Alaska Peninsula. The program, slated for mid-...