Copper Giant closes $5.75-million public offering

Executive Summary

• Copper Giant Resources Corp. has closed its previously announced best-effort public offering, raising gross proceeds of C$5,750,276 (approximately C$5.8 million) through the full exercise of the agents' overallotment option.
• The company sold 20,536,700 units at a price of C$0.28 per unit, with each unit comprising one common share and one common share purchase warrant exercisable at C$0.40 until November 10, 2028.
• Net proceeds will be allocated to the exploration and advancement of the Mocoa copper-molybdenum project in southern Colombia, as well as for working capital and general corporate purposes.

Key Details

• Gross Proceeds: C$5,750,276.
• Units Sold: 20,536,700 units.
• Price Per Unit: C$0.28.
• Overallotment: The offering included the full exercise of the agents' overallotment option.
• Unit Composition: Each unit consists of one common share and one common share purchase warrant.
• Warrant Terms:
  • Each warrant entitles the holder to purchase one common share.
  • Exercise Price: C$0.40 per share.
  • Expiration Date: November 10, 2028.
• Agents: Red Cloud Securities Inc. (lead agent and sole bookrunner) and Research Capital Corp.
• Agent Compensation:
  • Cash Commission: $328,216.56.
  • Broker Warrants: 1,172,202 non-transferable warrants issued to agents.
  • Broker Warrant Terms: Exercisable at C$0.40 per share on or before November 10, 2028.
• Use of Proceeds: Exploration and advancement of the Mocoa copper-molybdenum project in southern Colombia; working capital; general corporate purposes.
• Regulatory Status: Completed pursuant to a prospectus supplement dated November 3, 2025, supplementing the short form base shelf prospectus dated November 29, 2024. The offering remains subject to final approval of the TSX Venture Exchange.
• Partnership Update: Clarification regarding the analytic and AI software service agreement with Orbiton Capital Corp. (announced Oct 22, 2025):
  • If the company chooses to extend the agreement, all terms remain the same for no additional consideration.
  • Any amendments to the agreement require prior approval of the TSX Venture Exchange.

Notable Quotes

• No direct quotes from the CEO or President were included in the provided text.