Copper Road Announces Upsized Financing

Executive Summary

• Copper Road Resources Inc. announced an upsized private placement due to strong investor demand, increasing the total offering size.
• The offering now includes up to 8,747,500 common share units at $0.035 (gross proceeds up to $349,900), 13,333,333 flow‑through units at $0.045 (up to $600,000), and 2,700,000 additional FT units at $0.05 (up to $135,000).
• Proceeds will be allocated to eligible Canadian exploration expenses for the Ben Nevis Project and other Ontario properties, as well as property payments and general working capital.

Key Details

• Units Offered: Up to 8,747,500 common share units @ $0.035 per unit → gross proceeds up to $349,900.
• Flow‑Through Units (FT):
• 13,333,333 FT units @ $0.045 per unit → gross proceeds up to $600,000.
• Additional 2,700,000 FT units @ $0.05 per unit → gross proceeds up to $135,000.
• Unit Composition: Each Unit = 1 common share + 1 warrant (exercise price $0.05, exercisable for 18 months).
• FT Unit Composition: Each FT Unit = 1 common share + 1 warrant; treated as a flow‑through share under Canada’s Income Tax Act.
• Use of Proceeds – FT Units: To fund eligible Canadian exploration expenses qualifying as “flow‑through critical mineral mining expenditures,” primarily for the Ben Nevis Project and other Ontario properties; expenses will be renounced to subscribers by Dec 31, 2025.
• Use of Proceeds – Common Share Units: For property payments on the Ben Nevis Project and general working capital.
• Finder’s Fees: Company may pay eligible finders in connection with the offering.
• Related‑Party Participation: Insiders may participate; transaction qualifies for exemption under MI 61‑101 (fair market value ≤ 25% of market cap).
• Holding Period: All securities subject to a hold period expiring four months and one day after issuance.
• Regulatory Conditions: Completion contingent on required regulatory approvals, including TSX Venture Exchange approval.
• Tranche Status: First tranche (2,435,000 Units + 9,952,447 FT Units) closed Dec 24, 2025 with gross proceeds of $545,260. Final tranche expected to close by Dec 31, 2025.
• U.S. Offering Restrictions: Securities not registered under U.S. securities laws; cannot be offered or sold in the United States absent exemption.

Notable Quotes

(No direct quotes included in the release.)