Cascade Copper launches critical mineral flow-through financing
  Vancouver, British Columbia – TheNewswire - May 15, 2026. Cascade Copper Corp. (CSE: “CASC”, FRA:”91O” ) (“ Cascade ” or the “ Company ”) is pleased to announce a non-brokered private placement for aggregate proceeds of up to CDN$800,000 (the “ Offering ”) for its ongoing 2026 Critical Minerals exploration programs. Highlights: Critical Mineral Flow-Through at $0.07 per FT unit with one-half non-flow-through warrant at $0.10   Non-Flow-Through at $0.055 per NFT unit with one-half non-flow-through warrant at $0.10   Jeff Ackert, President and CEO for Cascade Copper comments; “This financing will allow us increased flexibility on successful drilling at Centrefire and for our summer programs in British Columbia.
I look forward to sharing updates on all our exploration programs with the markets during this busy 2026 exploration season.” Financing Terms The Offering includes a Critical Minerals flow-through component (the “ Flow-Through Component ”) of flow-through units (the “ FT Units ”) at a price of $0.07 per FT Unit. Each FT Unit is comprised of one flow-through common share (each, an “ FT   Share ”) and one-half non-flow-through share purchase warrant.  Each full warrant is exercisable for one non-flow-through common share (each, a “ Share ”) at an exercise price of $0.10 for a term of 36 months after the closing.  The non-flow-through component of the Offering (the “ Non-Flow-Through Component ”) is comprised of units (the “ NFT Units ”) at a price of $0.055 per NFT Unit.  Each NFT Unit is comprised of one Share and one-half non-flow-through warrant, with each full warrant exercisable for one common share at an exercise price of $0.10 for a term of 36 months after the closing. Management of the Company reserves the right to amend the final allocation of the Flow-Through Component and the Non-Flow-Through Component under the Offering.
The $800,000 maximum applies to the FT and NFT components in the aggregate, and that any reallocation between components remains within the stated maximum offering size. The gross proceeds from the sale of the FT Shares, which will qualify as a “flow-through share” (as defined in subsection 66(15) of the Income Tax Act (Canada)), will be used to incur eligible Critical Mineral Canadian Exploration Expenses and will be used primarily to fund drilling and exploration at the Company’s Critical Minerals projects in BC and Ontario . The gross proceeds from the sale of the NFT Units will be used for the Company’s general operating expenses.
The Offering is scheduled to close in tranches, with the first tranche expected to close by late May and is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, including the approval of the Canadian Securities Exchange. The Offering is being made by way of private placement in Canada and such other jurisdictions as the Company may determine.   The Company intends to renounce the Qualifying Expenditures to subscribers of Flow-Through Units for the fiscal year ending December 31, 2026, and to incur the necessary Qualifying Expenditures on or before December 31, 2027, in accordance with regulatory requirements. The Company may pay finder's fees on the Offering of up to 8% in cash and 8% in warrants of the aggregate gross proceeds raised directly by the finder.
The finder's fees shall be paid in accordance with applicable securities laws and the policies of the Canadian Securities Exchange. The Existing Shareholder Exemption and Investment Dealer Exemption The Offering will be made available to existing shareholders of the Company who, as of the close of business on May 14, 2026, held common shares of the Company (and who continue to hold such common shares as of the closing date), pursuant to the prospectus exemption set out in B.C. Instrument 45-534 -- Exemption From Prospectus Requirement for Certain Trades to Existing Security Holders and in similar instruments in other jurisdictions in Canada.
The existing shareholder exemption limits a shareholder to a maximum investment of $15,000 in a 12-month period unless the shareholder has obtained advice regarding the suitability of the investment and, if the shareholder is resident in a jurisdiction of Canada, that advice has been obtained from a person that is registered as an investment dealer in the jurisdiction. If the Company receives subscriptions from investors relying on the existing shareholder exemption exceeding the maximum amount of the financing, the Company intends to adjust the subscriptions received on a pro-rata basis. The Company has also made the Offering available to certain subscribers pursuant to B.C.
Instrument 45-536 - Exemption From Prospectus Requirement for Certain Distributions Through an Investment Dealer. In accordance with the requirements of the investment dealer exemption, the Company confirms that there is no material fact or material change about the Company that has not been generally disclosed. The Offering is subject to all necessary regulatory approvals, including acceptance from the Canadian Securities Exchange.
All securities to be issued in connection with the Offering will be subject to a four-month hold period from the closing date under applicable Canadian securities laws, in addition to such other restrictions as may apply under applicable securities laws of jurisdictions outside Canada. About Cascade Copper Cascade Copper is an exploration stage natural resource company engaged in the evaluation, acquisition, and exploration of copper based mineral resource properties. Cascade is focused on copper and gold, porphyry and mesothermal gold deposits in British Columbia and VMS and BIF copper, gold, and silver style deposits in Ontario.
Cascade’s priority is to conduct exploration using modern technology that includes 3D inversion modelling of geophysics, LiDAR structural modelling, and AI enhanced Predictive Modelling from all historic and modern data inputs.  Advanced geophysics and/or drilling is planned on several of its copper-gold targets this year. Cascade has five projects, including the Copper Plateau Copper-Moly Project, the Centrefire Copper-Gold Project, the Rogers Creek Copper-Gold Project, Fire Mountain Copper-Gold Project and the Bendor Gold-Tungsten Project.   FOR FURTHER INFORMATION, PLEASE CONTACT: CASCADE COPPER CORP. Jeffrey S. Ackert, President and CEO 555-1130 West Pender St. Vancouver, BC V6E 4A4 Telephone: 1 613 851 7699 E-Mail: info@cascadecopper.com Web:     www.cascadecopper.com   Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.   DISCLAIMER & FORWARD-LOOKING STATEMENTS   This news release includes certain “forward-looking statements” which are not comprised of historical facts. Forward-looking statements are based on assumptions and address future events and conditions, and by their very nature involve inherent risks and uncertainties.
Although these statements are based on currently available information, Cascade Copper Corp. provides no assurance that actual results will meet management’s expectations. Factors which cause results to differ materially are set out in the Company’s documents filed on SEDAR. Undue reliance should not be placed on “forward looking statements.” This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States.
The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. T HIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES   Copyright (c) 2026 TheNewswire - All rights reserved.
TheNewsWire May 15, 2026 - 5:00 AM PDT News by QuoteMedia www.quotemedia.com