District Copper options 25% of Stony Lake to Sokoman

Mr. Jevin Werbes of District Copper reports DISTRICT COPPER ANNOUNCES OPTION AGREEMENT WITH SOKOMAN MINERALS ON STONY LAKE PROPERTY AND PRIVATE PLACEMENT District Copper Corp. has entered into an option agreement dated Oct. 2, 2025, with Sokoman Minerals Corp. regarding the company's 25-per-cent interest in the Stony Lake gold property, located in central Newfoundland. Under the terms of the agreement, Sokoman may acquire District Copper's 25-per-cent interest in the Stony Lake property by issuing to the company a total of 500,000 common shares of Sokoman, subject to receipt of all necessary regulatory approvals. Additionally, District Copper is pleased to announce that it will proceed with a private placement financing of up to $350,000 through the issuance of 4,666,666 units at a price of 7.5 cents per unit. Each unit will consist of one share and one transferable share purchase warrant, with each warrant being exercisable at a price of 12 cents for period of two years from the date of issuance. In circumstances where, at any time after the expiry of the four-month hold period, the company's stock trades at 20 cents or greater for 20 consecutive trading days, District Copper may give notice accelerating the expiry date of the exercise period of the warrants to that date which is 10 days from the date of such notice. The funds will be used for general working capital purposes, exploration on the company's 100-per-cent-owned Copper Keg project in British Columbia and potential new acquisition/option opportunities. The corporation may pay finders' fees of 8 per cent in cash and 8 per cent in warrants on the private placement, or a portion thereof. Jevin Werbes, chief executive officer of District Copper, commented: "We are pleased to complete this transaction with Sokoman Minerals, a company with extensive experience and proven exploration success in Newfoundland. This agreement allows District Copper to retain exposure to future discovery upside through its share position in Sokoman while freeing up resources to focus on our other exploration and development opportunities." The Stony Lake gold property, located within the prolific Exploits subzone of Newfoundland's central gold belt, lies adjacent to Sokoman's Moosehead gold project. Following completion of the agreements with both K9 Gold Corp. and District Copper, Sokoman will hold a 100-per-cent interest in the Stony Lake property, consolidating the district and enhancing exploration efficiency across the region. About District Copper Corp. District Copper is a Canadian company engaged in the exploration for porphyry copper deposits in south-central British Columbia. We seek Safe Harbor.