Super Copper closes acquisition of Castilla project

Executive Summary

• Super Copper Corp. has closed its acquisition of a 100% interest in the Castilla copper project from Verdant Resources SpA.
• The transaction includes all 20 exploration concessions comprising the 5,800-hectare Castilla project located in Chile's Atacama region.
• The acquisition was executed pursuant to a binding definitive agreement dated July 2, 2025, and is contingent upon future milestone-based bonus payments.

Key Details

• Transaction Structure: Acquisition of 100% interest in the Castilla copper project.
• Seller: Verdant Resources SpA (a private Chilean company comprising geologists and mining professionals).
• Asset Details: 20 exploration concessions totaling 5,800 hectares.
• Location: Atacama region, Chile.
• Agreement Date: July 2, 2025 (Binding definitive agreement).
• Prior Announcement: News release dated July 8, 2025.
• Consideration Terms: The company agreed to bonus payments payable upon the achievement of specific milestones (details referenced as "attached table" in the original source, not provided in text).

Notable Quotes

• "Completing the acquisition of Castilla is a major step for Super Copper. We now control 100 per cent of a clean land package in Chile's Atacama copper belt, one of the world's top mining regions. With this foundation secured, we're excited to ramp up exploration and press forward on the next phase of work. Our goal is simple: build scale and create real discovery potential in a world-class copper district." — Zachary Dolesky, Chief Executive Officer of Super Copper