Afternoon trading August 14, page-23

CULPEO SECURES FUNDING TO ADVANCECOPPER EXPLORATION AT VISTA MONTANA, LANA CORINAAND FORTUNA

Culpeo Minerals Limited (ASX:CPO) is pleased toannounce it has received binding commitments from sophisticated and professional investors toraise approximately $2.2 million (before costs) under a placement of fully paid ordinary shares(Placement).HIGHLIGHTS
• Firm commitments received to raise approximately $2.2 million (before costs).
• Strong support for the Placement received from sophisticated and professional investors,validating the high prospectivity of the Company’s copper projects in Chile.
• Subject to shareholder approval, Directors have also participated in the equity raising.
• Funds will be utilised to advance exploration programs at the Vista Montana, Lana Corina andFortuna Projects in the coastal Cordillera region of Chile.

There may be hope after all…..