Super Copper increases offering to $6-million

Executive Summary

• Super Copper Corp. has upsized its previously announced brokered life financing from $2 million to $6 million due to strong investor demand.
• The company is issuing 8 million units at a price of $0.75 per unit, with each unit consisting of one common share and one share purchase warrant.
• Net proceeds will be used to advance two Chilean copper projects (Cordillera Cobre and Castilla) toward drill-ready status, including completing property-wide surveys and a maiden drilling program.

Key Details

• Transaction Size: Upsized to $6 million gross proceeds.
• Units Issued: 8,000,000 units.
• Price Per Unit: $0.75.
• Warrant Terms (Investors): Each unit includes one share purchase warrant entitling the holder to acquire one additional share at an exercise price of $1.15 for a period of 36 months from closing.
• Agent Compensation:
  • Cash commission: 6.0% of gross proceeds.
  • Broker Warrants: Non-transferable warrants representing 6.0% of the aggregate number of units sold.
  • Broker Warrant Exercise Price: $1.15 per share.
  • Broker Warrant Term: 36 months from closing.
• Agents: A.G.P. Canada Investments ULC (lead agent and sole bookrunner) and Baader Bank AG.
• 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) surveys at the Castilla project to map IOCG targets and sulphide concentrations.
  • Complete a maiden 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 of the release date.
• Conditions: Subject to necessary approvals and compliance with Canadian Securities Exchange (CSE) policies.

Notable Quotes

• None provided in the text.