AQM Copper Inc. Completes Non-Brokered Private Placement

AQM Copper Inc. Completes Non-Brokered Private Placement 
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 11/15/13 -- AQM
Copper Inc. (TSX VENTURE:AQM)(BVL:AQM) ("AQM" or the "Company") is
pleased to announce that it has completed a non-brokered private
placement consisting of an aggregate of 33,477,727 common shares in
the capital of the Company at a price of $0.11 per common share for
total gross proceeds of $3,682,550 (the "Private Placement").
Management and Directors purchased 3,153,182 common shares and now
hold approximately 3.3% of the issued shares of the Company. Teck
Resources Limited purchased 22,454,545 common shares and now holds
19.9% of the issued and outstanding common shares of the Company. AQM
has entered into a Shareholder Support Agreement ("Support
Agreement") that grants Teck a pre-emptive right to participate on a
pro rata basis in future equity financings by the Company and to
maintain its percentage interest in the outstanding common shares of
the Company so long as it holds not less than 5% of the issued and
outstanding common shares. The Support Agreement also grants Teck the
right to nominate one director for election to the AQM Board for so
long as it holds at least 5% of the issued and outstanding common
shares of the Company. If Teck nominates a candidate for election to
the AQM Board at a general meeting of shareholders the Company is
obligated to include such candidate in proxy materials sent to
shareholders and use its commercially reasonable best efforts to
cause the election of such candidate to the AQM Board. Where Teck
nominates a candidate it is obligated to vote its shares in favour of
candidates nominated for election to the AQM Board by the Company.
The common shares issued under the Private Placement are subject to a
four month hold period expiring on March 16, 2014. The Company has
paid a finder's fee of 6% in cash in connection with certain
subscriptions under the Private Placement in accordance with the
policies of the TSX Venture Exchange. The proceeds from the Private
Placement will be used for funding general working capital.  
On Behalf of the Board 
Bruce L. Turner 
President and Chief Executive Officer 
About AQM Copper 
AQM Copper Inc. is a Canadian based mineral exploration company
exploring and de
veloping copper deposits in South America. Through
its Peruvian subsidiary, Minera AQM Copper Peru S.A.C. ("MAQM"), the
Company is developing the Zafranal Copper-Gold Porphyry Project
located in Southern Peru (the "Zafranal Project"). MAQM is the
operator of a 50/50 joint venture with Teck Resources Limited through
a sole purpose Peruvian company, Compania Minera Zafranal. MAQM is
owned 60% by AQM, and 40% by Mitsubishi Materials Corporation,
pursuant to a transaction outlined in the Company's news release of
July 2, 2013. As such, the Company has a 30% beneficial ownership
interest in the Zafranal Project. The Company's management and
directors have extensive experience working for the world's largest
mining copper producers and investment banking backgrounds. Please
refer to the Company's website at for further
information regarding the Company and the Zafranal Project.  
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.  
Cautionary Note Regarding Forward-Looking Information 
Except for statements of historical fact relating to AQM Copper Inc.,
certain information contained herein constitutes "forward-looking
Forward-looking statements include statements that are predictive in
nature, depend upon or refer to future events or conditions, or
include words such as "expects", "anticipates", "plans", "believes",
"considers", "intends", "targets", or negative versions thereof and
other similar expressions, or future or conditional verbs such as
"may", "will", "should", "would", and "could". We provide
forward-looking statements for the purpose of conveying information
about our current expectations and plans relating to the future and
readers are cautioned that such statements may not be appropriate for
other purposes. By its nature, this information is subject to
inherent risks and uncertainties that may be general or specific and
which give rise to the possibility that expectations, forecasts,
predictions, projections or conclusions will not prove to be
accurate, that assumptions may not be correct and that objectives,
strategic goals and priorities will not be achieved. These risks and
uncertainties include but are not limited to those identified and
reported in AQM Copper Inc's public filings, which may be accessed at Other than as specifically required by law, the
Company undertakes no obligation to update any forward-looking
statement to reflect events or circumstances after the date on which
such statement is made, or to reflect the occurrence of unanticipated
events, whether as a result of new information, future events,
results or otherwise.
Investor Relations
Pinnacle Capital Markets LTD.
Spyros P. Karellas
(416) 433-5696
(416) 800-8921
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