Due to Overwhelming Demand Coyote Copper Mines Inc. Announces Upsizing the Non-Brokered Financing to $8.5 Million

Executive Summary

• Coyote Copper Mines Inc. is upsizing its non-brokered financing to $8.5 million CAD to fund exploration and general corporate purposes.
• The company will issue up to 34,000,000 units at $0.25 per unit, with each unit consisting of one common share and one-half common share purchase warrant.
• Closing of the offering is expected on or before June 16, 2026, subject to TSXV approval.

Key Details

• Gross Proceeds: Up to $8,500,000 CAD
• Units Issued: Up to 34,000,000 Units
• Price per Unit: CAD$0.25
• Unit Composition: Each unit consists of one fully-paid Common Share and one-half (½) Common Share purchase warrant
• Warrant Terms: Two Half Warrants entitle the holder to purchase one Common Share at an exercise price of CAD$0.50 per share; warrants expire 36 months from the date of issue
• Use of Proceeds: Exploration and general corporate purposes
• Finder's Fees: Up to 7% of gross proceeds payable in cash; up to 7% of total Units issued payable in Broker Warrants
• Broker Warrant Terms: Entitles holder to purchase one Common Share at $0.50 per share; expires 36 months from the date of issue
• Closing Date: On or before June 16, 2026 (subject to TSXV approval)
• Financing Structure: Non-brokered private placement