King Copper Discovery arranges $15-million financing

Mr. Jonathan Richards reports KING COPPER DISCOVERY ANNOUNCES PRIVATE PLACEMENT King Copper Discovery Corp. is proposing to complete a non-brokered private placement financing of 25 million units at a price of 60 cents per unit for gross proceeds of up to $15-million, with each unit consisting of one common share and one share purchase warrant, exercisable at $0.98 for two years. All securities issued in connection with the financing will be subject to a statutory four-month hold period in accordance with applicable securities law. The expected closing date of the financing is Jan. 15, 2026. Finders' fees may be payable on the transaction. Proceeds from the financing are expected to be used for general working capital and for the continuing assessment and evaluation of multiple copper exploration and development opportunities within South America. Closing of the financing is subject to various conditions precedent, including, among other things, approval of the TSX Venture Exchange. We seek Safe Harbor.