Copper Road increases private placement

Executive Summary

• Copper Road Resources Inc. has upsized its non-brokered private placement due to additional investor demand, increasing the total offering size across three tranches.
• The company has already closed the first tranche on December 24, 2025, raising $545,260, with the final tranche anticipated to close by December 31, 2025.
• The offering involves the sale of common share units and flow-through units, with proceeds designated for exploration expenses on the Ben Nevis project and general working capital.

Key Details

• Upsized Offering Structure:
  • Common Share Units: Up to 8,747,500 units at $0.035 per unit for gross proceeds of up to $349,900.
  • Flow-Through Units (Tranche 1): 13,333,333 units at $0.045 per unit for gross proceeds of up to $600,000.
  • Flow-Through Units (Tranche 2): 2.7 million units at $0.05 per unit for gross proceeds of up to $135,000.
• First Tranche Closed:
  • Issued 2,435,000 units and 9,952,447 FT units.
  • Aggregate gross proceeds of $545,260.
  • Closed on December 24, 2025.
• Final Tranche Timeline:
  • Anticipated to close by December 31, 2025.
• Unit Composition:
  • Each unit consists of one common share and one common share purchase warrant.
  • Each warrant entitles the holder to purchase one common share at $0.05.
  • Warrants are exercisable for 18 months from the date of issuance.
• Use of Proceeds:
  • FT Units: Used to incur eligible Canadian exploration expenses (flow-through critical mineral mining expenditures) for the Ben Nevis project or other Ontario properties. Qualifying expenditures will be renounced to subscribers effective December 31, 2025.
  • Non-FT Units: Used for property payments on the Ben Nevis project and general working capital.
• Regulatory and Insider Details:
  • Completion is subject to regulatory approvals, including TSX Venture Exchange approval.
  • Securities are subject to a hold period of four months and one day post-issuance.
  • Insiders may participate, constituting a related-party transaction under MI 61-101; the company relies on exemptions from valuation and minority shareholder approval requirements as the insider acquisition value will not exceed 25% of market capitalization.
  • Finders' fees may be paid to eligible finders.