Canada One Acquires 4,836 ha Copper-Gold Property Adjacent to Copper Mountain Mine

Executive Summary

• Canada One Mining Corp. announced the acquisition of a 4,836‑hectare copper‑gold property (“Copper Dome North”) adjacent to Hudbay Minerals’ Copper Mountain Mine, expanding its flagship Copper Dome Project by approximately 60% (to 12,833 ha).
• The purchase consideration is 250,000 common shares of Canada One (valued at $12,500 based on a $0.05 per share deemed price), subject to a four‑month‑plus statutory hold period.
• The transaction does not involve any NSR royalty, finders’ fees, or non‑arm’s‑length parties and is not considered a “fundamental acquisition” under TSX Venture Exchange policies.

Key Details

• Property Size & Location – 4,836 ha contiguous to the northwest of Hudbay Minerals’ Copper Mountain Mine; will be named “Copper Dome North.”
• Project Expansion – Increases total Copper Dome Project area from 7,997 ha to 12,833 ha (≈ 60% growth).
• Consideration – 250,000 Canada One common shares @ $0.05 per share = $12,500 deemed value. Shares subject to statutory hold period of 4 months + 1 day from closing.
• Closing Conditions – Subject to customary conditions and TSX Venture Exchange acceptance; no non‑arm’s‑length parties involved.
• Royalty & Fees – No net smelter return (NSR) royalty; no finders’ fees or commissions payable.
• Resource Allocation – Company will not devote the majority of its working capital to Copper Dome North; primary focus remains exploration and drilling at existing Copper Dome assets.
• Historical Work on Property
• Geophysics: 51 km induced polarization (IP); airborne magnetic & EM over ~50% of area.
• Sampling: 2,253 soil samples, 378 rock samples.
• Drilling: >8,900 m diamond drilling completed historically.
• Trenching: >1 km excavated.
• Infrastructure – Property benefits from year‑round access and proximity to existing infrastructure at Copper Mountain Mine.
• Regulatory – Five‑year drill permit in place; acquisition does not constitute a “fundamental acquisition” per exchange policy.

Notable Quotes

“Though outside the formal Copper Dome footprint, the Property's proximity to Copper Mountain and its continuity within the district's geologic setting warrant the designation 'Copper Dome North.' … Together, these factors make the Acquisition compelling and well suited to a systematic exploration program.” – Peter Berdusco, President & CEO

All forward‑looking statements are subject to risks and uncertainties; actual results may differ materially.