Canadian Copper Receives Approval Milestone for Caribou Transaction and Appoints Vice President, Projects

• On April 7, 2026 Canadian Copper received Lieutenant‑Governor approval of a Limited Environmental Liability Agreement (LELA) that enables the Minister of Natural Resources to finalize the Caribou Complex acquisition.
• The LELA clears a key regulatory hurdle, allowing the parties to move toward signing and court approval of the Asset Purchase Agreement (APA); title transfer is expected in Q2 2026.
• Christian Brousseau, P.Eng., MBA was appointed Vice President of Projects and granted 500,000 stock options exercisable at $0.60 each, vesting in equal thirds annually over five years.
• CEO Simon Quick described the approval as “excellent news” and expressed confidence in Brousseau’s ability to deliver production objectives.

• The LELA approval was anticipated following the October 28 2024 term sheet and prior guidance that regulatory clearance would precede Q2 2026 closing.
• No new financing, resource update, or unexpected strategic partnership was announced; the news confirms progress on a previously disclosed transaction path.
• Appointment of a VP with stock options is an internal organizational step already hinted at in earlier 2026 outlooks.
• Therefore the release represents routine, expected positive advancement rather than a material surprise.

Canadian Copper Inc. is a junior mining company focused on advancing copper‑zinc‑silver assets in the Bathurst Mining Camp, New Brunswick. Its flagship initiative integrates the Murray Brook deposit (a historic high‑grade copper‑zinc sulphide zone) with the Caribou Processing Complex, aiming to produce concentrates within a 36‑month timeline as outlined in its 2025 PEA.