Edge Copper Announces Early Exercise of Warrants by CEO for C$3.9 million

Executive Summary

• Chair and CEO Gil Clausen exercised 6,500,000 warrants at C$0.60 each, generating C$3.9 million in gross proceeds for Edge Copper.
• The capital is non‑dilutive (the shares were already owned by the insider) and strengthens the company’s balance sheet.
• Proceeds are earmarked for ongoing exploration, project advancement at the Zonia Copper Project, and general corporate purposes; Clausen now holds ~20.5% of outstanding shares.

Key Details

• Warrant Exercise: 6,500,000 warrants exercised early (originally issued in October 2025 financing).
• Exercise Price: C$0.60 per warrant.
• Gross Proceeds: C$3.9 million to the Company.
• Resulting Ownership: Gil Clausen now holds 26,221,198 Edge Copper common shares (~20.5% of issued and outstanding shares).
• Use of Proceeds: Supporting ongoing exploration, project advancement activities at the Zonia Copper Project, and general corporate purposes.
• Warrant Expiry: Previously scheduled to expire on April 30, 2027; exercised ahead of schedule.

Notable Quotes

(No direct quotes were provided in the release.)