Cascade Copper Welcomes Niel Marotta as a Strategic Advisor and Grants Incentive Stock Options
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Vancouver, British Columbia – April 8, 2025 – TheNewswire – Cascade Copper Corp. (CSE: “CASC”) (“Cascade” or the “Company”) a junior exploration company focused on advancing its portfolio of highly prospective copper assets in British Columbia and Ontario, is pleased to announce the appointment of Niel Marotta as an Advisor to the Company.
Mr. Marotta brings decades of experience in corporate development, capital markets, and strategic growth, with a proven track record in building and financing successful ventures in the resource and consumer sectors. Niel has been involved in the capital markets as a precious metal fund manager for a leading U.S. firm where he managed a $1B fund. Mr. Marotta has also been involved as a director and executive management of TSX and TSX-V listed resource companies, and currently serves as CEO and director of TSX-V listed Sun Summit Minerals. Recently, he was instrumental in founding and scaling a publicly listed edibles company in the Canadian market, where he led its expansion from early-stage startup to a nationally recognized brand with leading market share. His entrepreneurial mindset and deep understanding of the capital markets will bring a valuable perspective to Cascade’s strategic planning and corporate positioning.
“We are thrilled to welcome Niel as an advisor to the Company,” said Jeffrey Ackert, President of Cascade Copper Corp. “His experience in corporate strategy, investor relations, and capital raising will be invaluable as we continue to build shareholder value and unlock the potential of our copper projects in British Columbia and Ontario.”
Mr. Marotta will advise the Company on key areas including corporate growth strategy, corporate communications, and investor engagement. His appointment reflects Cascade’s commitment to strengthening its leadership team and positioning itself for long-term success in the critical minerals sector.
Incentive Stock Options
The Company would also like to announce that pursuant to the Company’s stock option plan approved by shareholders at its Annual General and Special meeting held on July 10, 2024, the Board of Directors has granted 2,250,000 stock options to directors, officers, consultants and advisors of the Company which will vest immediately. Each option will allow the holder to purchase one common share in the Company at a price of CAD$0.05. The incentive stock options have a term of five years, expiring on April 8, 2030. Following this grant, Cascade Copper will have a total of 3,400,000 stock options outstanding, representing approximately 8.0% of the outstanding common shares of the Company.
About Cascade Copper
The Company is an exploration stage natural resource company engaged in the evaluation, acquisition,
and exploration of mineral resource properties with the intention, if warranted, of placing them into production. The Company is focused on exploration, development, and acquisition of quality exploration properties.
More specifically, Cascade’s objective is to conduct an exploration program on its flagship Rogers Creek Property located in the Coast Mountain Belt of British Columbia about 90 kilometres northeast of Vancouver, in the Southwest Mining Region. Cascade currently now has five projects, including the Centrefire Copper Project, the Copper Plateau Copper-Moly Project, the Fire Mountain Copper-Gold Project, the Bendor Gold Project, and the flagship Rogers Creek Copper-Gold Project.
FOR FURTHER INFORMATION, PLEASE CONTACT:
CASCADE COPPER CORP.
Jeffrey S. Ackert, President and CEO
Vancouver, BC V6E 4A4
Telephone: 1 613 851 7699
E-Mail: [email protected]
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
DISCLAIMER & FORWARD-LOOKING STATEMENTS
This news release includes certain “forward-looking statements” which are not comprised of historical facts. Forward-looking statements are based on assumptions and address future events and conditions, and by their very nature involve inherent risks and uncertainties. Although these statements are based on currently available information, Cascade Copper Corp. provides no assurance that actual results will meet management’s expectations. Factors which cause results to differ materially are set out in the Company’s documents filed on SEDAR. Undue reliance should not be placed on “forward looking statements.”
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