Coppernico Metals Announces Upsized LIFE Offering

Executive Summary

• Coppernico Metals Inc. has upsized its Listed Issuer Financing Exemption (LIFE) private placement offering to raise up to C$5,500,000 in gross proceeds.
• The offering will consist of up to 15,714,286 units priced at C$0.35 per unit, with a minimum first closing of C$5,000,000 expected on or before June 26, 2026, pending TSX approval.
• Each unit includes one common share and one warrant exercisable at C$0.50 per share for a period of 24 months following closing.

Key Details

• Gross Proceeds: Up to C$5,500,000
• Offering Size: Up to 15,714,286 units
• Price per Unit: C$0.35
• Minimum First Closing: C$5,000,000
• Expected Closing Date: On or before June 26, 2026 (subject to Toronto Stock Exchange approval)
• Unit Composition: 1 common share + 1 share purchase warrant
• Warrant Terms: Exercisable at C$0.50 per share for 24 months following the closing date
• Use of Proceeds: As detailed in the Amended and Restated LIFE Offering Document filed on SEDAR+
• Regulatory Conditions: Subject to TSX approval; company may further upsize the offering or seek additional financing subject to TSX approval and applicable limits
• Original Offering Announcement: June 11, 2026