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Published on 4/26/2007 in the Prospect News PIPE Daily.

New Issue: Northern Peru Copper arranges C$16.8 million sale of shares

By Laura Lutz

Des Moines, April 26 - Northern Peru Copper Corp. negotiated a private placement of shares for C$16.8 million.

The company intends to sell 2 million shares at C$8.40 each.

A syndicate led by Raymond James Ltd. and including Salman Partners Inc. and Canaccord Capital Corp. will underwrite the deal.

Settlement is expected on May 15.

Northern Peru is a resource exploration company based in Vancouver, B.C.

Issuer:Northern Peru Copper Corp.
Issue:Shares
Amount:C$16.8 million
Shares:2 million
Price:C$8.40
Warrants:No
Underwriters:Raymond James Ltd. (lead), Salman Partners Inc., Canaccord Capital Corp.
Pricing date:April 26
Settlement date:May 15
Stock symbol:Toronto: NOC
Stock price:C$8.86 at close April 26

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