COPPER GIANT ANNOUNCES CLOSING OF NON-BROKERED PRIVATE PLACEMENT OF UNITS

Executive Summary

• Copper Giant Resources Corp. closed a non‑brokered private placement raising $12,000,000 in gross proceeds.
• The offering consisted of 30,000,000 units at $0.40 per unit, each unit containing one common share and half of a warrant exercisable at $0.60 per share until 14 Jan 2029.
• Net proceeds are earmarked for working capital and general corporate purposes; the financing is subject to final acceptance by the TSX Venture Exchange.

Key Details

• Units Issued: 30,000,000 (each = 1 common share + ½ warrant).
• Price per Unit: $0.40 → Gross proceeds: $12,000,000.
• Warrant Terms: Each full warrant allows purchase of one share at $0.60; exercisable until 14 Jan 2029.
• Statutory Hold Period: Expiring 15 May 2026 per TSX Venture Exchange rules.
• Finder’s Fees Paid: $585,450 cash plus issuance of 1,463,625 non‑transferable finder’s warrants.
• Cash fees: $418,299 to Integrity Capital Group; $45,240 to Canaccord Genuity Corp.; $19,431 to Haywood Securities Inc.; $360 to Research Capital Corporation; $3,060 to Ventum Financial Corp.; $99,060 to Red Cloud Securities Inc.
• Finder’s warrants issued: 1,215,975 to Integrity Capital Group; 247,650 to Red Cloud Securities Inc., each exercisable at $0.60 per share until 14 Jan 2029.
• Insider Participation: Insiders purchased 5,500,000 units (≈18.3% of total). Treated as a “related party transaction” exempt from MI 61‑101 valuation and minority approval because the consideration did not exceed 25% of market cap; no change of control occurred.
• Use of Proceeds: Working capital and general corporate purposes.
• Closing Conditions: Subject to final acceptance by the TSX Venture Exchange.

Notable Quotes

(No direct quotes were provided in the release.)