Copper Quest Announces $1,950,000 Investment by Strategic International Investor 'Concept Capital Management' a Foundational Investor in Mining and Exploration Companies

Executive Summary

• Copper Quest Exploration Inc. announced a non‑brokered, bought‑deal private placement of up to 15 million units at C$0.13 per unit, targeting gross proceeds of up to C$1.95 million.
• Each unit includes one common share and one warrant exercisable at C$0.165 per share, with a two‑year expiry (subject to acceleration if the share price exceeds C$0.50 for ten consecutive trading days).
• Proceeds are earmarked for exploration activities on the company’s portfolio of copper‑gold projects and general working capital, strengthening the treasury for the 2026 drilling season.

Key Details

• Units Offered: Up to 15,000,000 units at C$0.13 each → Gross proceeds: up to C$1,950,000.
• Composition of Each Unit:
• 1 common share of Copper Quest.
• 1 share purchase warrant convertible into an additional share at C$0.165 per share.
• Warrant Terms: Expire two (2) years from issuance; may accelerate to 30 days after a news release if the share price ≥ C$0.50 for ten consecutive trading days (starting four months + one day after issuance).
• Closing Date: Expected on or before February 4, 2026, subject to regulatory approvals.
• Use of Proceeds: Funding exploration programs across the company’s 7‑project portfolio and providing general working capital.
• Strategic Investor: Concept Capital Management Ltd., a new cornerstone investor with a focus on copper and gold assets in stable jurisdictions such as British Columbia.
• Finder’s Fees: Copper Quest may pay finder’s fees related to the placement.

Notable Quotes

• Brian Thurston, CEO: “We’re thrilled to welcome Concept Capital as a new cornerstone investor… This hard‑dollar investment adds another level of value for our shareholders through a strong treasury and working capital that allows the Company to expand its planned exploration and drilling operations for the 2026 season.”

Materiality Assessment: Material – Positive (significant financing that enhances liquidity and supports upcoming exploration programs).