Coppernico Metals Announces C$5 Million LIFE Offering

Executive Summary

• Coppernico Metals Inc. announced a private placement offering under the Listed Issuer Financing Exemption (LIFE) to raise gross proceeds of C$5,000,000.
• The offering consists of 14,285,714 units priced at C$0.35 per unit, with each unit comprising one common share and one share purchase warrant.
• Net proceeds will fund drill permitting, community agreements, and exploration activities at the Sombrero Project in Peru, alongside general corporate and working capital needs.

Key Details

• Gross Proceeds: C$5,000,000
• Offering Structure & Price: 14,285,714 units at C$0.35 per unit
• Unit Composition: Each unit includes one common share and one share purchase warrant
• Warrant Terms: Exercisable for 24 months from the closing date at an exercise price of C$0.50 per share
• Use of Proceeds: Advancing drill permitting, securing additional community agreements for future exploration at the Sombrero Project, and general corporate/working capital purposes
• Target Closing Date: On or about June 26, 2026 (subject to TSX approval for listing of unit shares/warrants and customary closing conditions)
• Regulatory Exemption: Offered under the LIFE Exemption (National Instrument 45-106, Part 5A); units issued will not be subject to a hold period in Canada
• Finder’s Compensation: Cash finder’s fee and finder’s warrants (identical terms to unit warrants) payable to eligible securities dealers and persons who refer participating investors
• Jurisdiction & Restrictions: Offered in Canadian provinces (excluding Quebec) and other permitted jurisdictions; securities are not registered under the U.S. Securities Act and may not be offered or sold in the United States