11:08 AM EST, 02/05/2026 (MT Newswires) -- Copper Quest Exploration ( IMIMF ) shares were last seen up 13% on Thursday after it closed a private placement of share units that raised $2.1 million.

The company placed 16.5-million units priced at $0.13 apiece and made up of a share and a two-year warrant to buy a share for $0.165.

Proceeds are intended for exploration activities and general working capital needs.

Shares of the company were last seen up $0.02 at $0.17 on the Canadian Securities Exchange.

Price: 0.17, Change: +0.02, Percent Change: +13.33