Cascade Copper arranges $600,000 private placement

Executive Summary

• Cascade Copper Corp. has arranged a non-brokered private placement for aggregate proceeds of up to $600,000 to fund early 2026 exploration programs and general operating expenses.
• The offering is split into two components: a Critical Minerals Flow-Through (FT) component priced at $0.04 per unit and a Non-Flow-Through (NFT) component priced at $0.035 per unit.
• The transaction is scheduled to close in tranches, with the first tranche expected by late December, subject to regulatory approvals including the Canadian Securities Exchange.

Key Details

• Aggregate Proceeds: Up to $600,000.
• Flow-Through (FT) Component:
  • Price: $0.04 per FT unit.
  • Composition: One flow-through common share and one-half non-flow-through share purchase warrant per unit.
  • Warrant Terms: Each full warrant is exercisable for one non-flow-through common share at an exercise price of $0.05 for a term of 36 months after closing.
  • Use of Proceeds: Primarily to incur eligible critical mineral Canadian exploration expenses and fund a drilling program at exploration projects in British Columbia and Ontario.
  • Tax Renunciation: Company intends to renounce qualifying expenditures to subscribers for the fiscal year ending Dec. 31, 2025, and incur necessary expenditures on or before Dec. 31, 2026.
• Non-Flow-Through (NFT) Component:
  • Price: $0.035 per NFT unit.
  • Composition: One share and one-half non-flow-through warrant per unit.
  • Warrant Terms: Each full warrant is exercisable for one common share at an exercise price of $0.05 for a term of 36 months after closing.
  • Use of Proceeds: General operating expenses.
• Closing Schedule: The offering will close in tranches; the first tranche is expected to close by late December.
• Finders' Fees: Up to 8% of aggregate gross proceeds may be paid in fees and warrants.
• Exemptions:
  • Existing Shareholders: Available to shareholders holding shares as of Dec. 5, 2025, under B.C. Instrument 45-534. Maximum investment limit of $15,000 per 12-month period (unless advised by a registered investment dealer). Subscriptions exceeding limits will be adjusted pro rata.
  • Investment Dealer: Available under B.C. Instrument 45-536.
• Hold Period: All securities issued are subject to a four-month hold period from the closing date under Canadian securities laws.
• Management Rights: Management reserves the right to amend the final allocation between the flow-through and non-flow-through components.