VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 30, 2015) - Copper lake Resources Ltd. (TSX VENTURE:CPL)(FRANKFURT:W01) ("Copper Lake" or the "Company") announces that it is undertaking a non-brokered private placement (the "Placement") involving the issuance of up to 10,000,000 units (each a "Unit") at a price of $0.05 per Unit. Each Unit will consist of one common share in the capital of the Company (a "Share") and one half of one common share purchase warrant (each whole common share purchase warrant being a "Warrant"). Each whole Warrant entitles the holder to acquire an additional Share at a price of $0.10 per Share for a period of eighteen months from the date of issuance.
