VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/27/11 -- Canyon Copper Corp. ('Canyon') (OTCBB: CNYC) is pleased to announce it has entered into an engagement letter with MGI Securities Inc. ('MGI') whereby MGI has agreed to act as the agent for a private placement offering of 4,285,714 units ('Units') at a price of CDN $0.35 per Unit (the
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