Super Copper Announces Upsize of Brokered LIFE Financing to $10 Million

Executive Summary

• Super Copper Corp. upsized its previously announced brokered financing from $6 M to $10 M, issuing up to 13,333,333 units at $0.75 per unit.
• Each unit consists of one common share and one warrant (Series A or Series B) with exercise price $1.15; agents receive 6% cash commission plus broker warrants equal to 6% of units sold.
• Net proceeds are earmarked for advancing the Cordillera Cobre and Castilla copper projects in Chile (drill‑ready work, magnetics/IP surveys, maiden drilling) and for general corporate and investor‑relations expenses.

Key Details

• Offering Size: Increased to $10 M (up from $6 M).
• Units Offered: Up to 13,333,333 units at $0.75 per unit.
• Unit Composition: 1 common share + 1 warrant.
• Warrant Structure:
• Series A Warrants – up to 6,666,666 units; exercisable at $1.15 per share for 36 months post‑closing.
• Series B Warrants – up to 6,666,667 units; exercisable at $1.15 per share starting 61 days after closing and lasting 36 months.
• Agents: A.G.P. Canada Investments ULC (lead agent/sole bookrunner) and Baader Bank AG.
• Agent Compensation: Cash commission of 6.0% of gross proceeds plus non‑transferable broker warrants representing 6.0% of units sold, each warrant exercisable at $1.15 for 36 months.
• Use of Proceeds:
• Advance Cordillera Cobre and Castilla projects toward drill‑ready status.
• Complete property‑wide magnetics and Induced Polarization (IP) surveys at Castilla to map IOCG targets and sulfide zones.
• Execute maiden and follow‑up drilling program at Cordillera Cobre.
• General and administrative expenses, including additional marketing and investor‑relations services.
• Closing Date: Expected on or about March 6 2026, or within 45 days of the release, subject to customary conditions and CSE approvals.
• Regulatory Exemptions: Offered under NI 45‑106 listed issuer financing exemption in Alberta, BC, Saskatchewan, Ontario; U.S. investors via Rule 506(b) of Reg D; offshore jurisdictions as applicable.

Notable Quotes

(No direct quotes were provided in the release.)