Kutcho Copper Announces Closing of $3,000,000 Flow-Through Financing

Executive Summary

• Kutcho Copper Corp. closed a non‑brokered flow‑through private placement raising $3,000,000 in gross proceeds.
• The offering consisted of 6,976,744 FT Units at $0.43 per unit, each containing one flow‑through share and half of a common share purchase warrant.
• Proceeds are earmarked for exploration on the Kutcho copper‑zinc property in British Columbia, with expenses to be incurred by 31 Dec 2027 and renounced by 31 Dec 2026.

Key Details

• Units Issued: 6,976,744 FT Units (each = 1 FT Share + ½ Warrant).
• Pricing: $0.43 per FT Unit; gross proceeds of $2,999,999.92.
• Warrant Terms: Each warrant exercisable at $0.55 per common share for a period of 24 months from closing.
• Use of Proceeds: Funding exploration on the Kutcho copper‑zinc property; expenses to qualify as Canadian Exploration Expense (CEE) and Flow‑Through Critical Mineral Mining Expenditure (FT‑CMME).
• Expenditure Timeline: Exploration costs incurred on or before 31 Dec 2027; flow‑through renunciation effective no later than 31 Dec 2026.
• Closing Conditions: Subject to final TSX Venture Exchange approval.
• Finder Warrants: 247,604 non‑transferable finder warrants issued on the same terms as the primary warrants.
• Cash Fees Paid: $72,424.18 paid to registered firms for placement services.
• Hold Period: All securities have a hold period of four months and one day from issuance.
• Regulatory Notice: Securities not registered under U.S. securities laws; cannot be offered or sold in the United States absent exemption.

Notable Quotes

“The successful closing of this private placement provides us with the capital needed to advance our exploration program at Kutcho and demonstrates continued investor confidence in our project.” – Vince Sorace, President & CEO, Kutcho Copper Corp.