Super Copper increases offering to $10-million

Executive Summary

• Super Copper Corp. has upsized its previously announced brokered life financing from $6 million to $10 million due to strong investor demand.
• The company is issuing up to 13,333,333 units at a price of $0.75 per unit, with proceeds intended to advance its Chilean copper projects (Cordillera Cobre and Castilla) toward drill-ready status.
• The offering is being conducted on a best-efforts basis by A.G.P. Canada Investments ULC and Baader Bank AG, with an expected closing date on or about March 6, 2026.

Key Details

• Offering Size: Upsized to $10 million (increased from $6 million).
• Units Issued: Up to 13,333,333 units.
• Price Per Unit: $0.75.
• Structure: Each unit consists of one common share and one share purchase warrant.
• Warrant Breakdown:
  • Up to 6,666,666 units comprise Series A warrants.
  • Up to 6,666,667 units comprise Series B warrants.
• Warrant Terms:
  • Series A: Entitles holder to acquire one common share at $1.15 per share for 36 months following closing.
  • Series B: Entitles holder to acquire one common share at $1.15 per share from 61 days after closing until 36 months after closing.
• Agents: A.G.P. Canada Investments ULC (lead agent and sole bookrunner) and Baader Bank AG.
• Commission: Agents receive a cash commission of 6.0% of gross proceeds.
• Agent Warrants: Company will issue non-transferable warrants representing 6.0% of the aggregate number of units sold. Each broker warrant entitles the holder to purchase one share at $1.15 for 36 months from closing.
• Regulatory Basis: Listed issuer financing exemption under Part 5A of National Instrument 45-106, as amended by Coordinated Blanket Order 45-935.
• Resale Restrictions: Units issued to Canadian residents are not subject to resale restrictions.
• Use of Proceeds:
  • Advance Cordillera Cobre and Castilla projects toward drill-ready status.
  • Complete property-wide magnetics and induced polarization (IP) survey at Castilla project to map IOCG targets and sulphide concentrations.
  • Complete maiden and follow-up drilling program at Cordillera Cobre.
  • General and administrative expenditures, including marketing and investor relations services.
• Closing Date: Expected on or about March 6, 2026, or within 45 days from the date of the release.
• Conditions: Subject to necessary approvals and compliance with Canadian Securities Exchange (CSE) policies.

Notable Quotes

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