Edge Copper exercises partial over-allotment option in public offering

Canada NewsWire /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ VANCOUVER, BC , June 8, 2026 /CNW/ - Edge Copper Corporation (TSXV: EDCU) (" Edge Copper " or the " Company ") is pleased to announce that the underwriters of its previously announced overnight marketed offering of 30,172,414 common shares at a price of C$0.58 per common share (the " Public Offering ") have exercised the over-allotment option in part to purchase an additional 2,575,000 common shares, on the same terms and conditions, on the closing date of the Public Offering, for additional proceeds to the Company of C$1,493,500, for total gross proceeds from the Public Offering of approximately C$18,993,500. Concurrently with the closing of the Public Offering, 6,974,747 common shares of the Company will be sold in a non-brokered private placement to purchasers, including certain insiders of the Company, at a price of C$0.58 per common share, for gross proceeds of C$4,045,353 (the " Private Placement "). Aggregate gross proceeds from the Public Offering and the Private Placement are expected to be approximately C$23,038,853.

The Company proposes to use the net proceeds from the Public Offering and the Private Placement primarily to advance exploration and development of its wholly-owned Zonia Copper Project in Arizona.  Insider participation in the Private Placement is a "related party transaction" within the meaning of Multilateral Instrument 61-101 – Protection of Minority Securityholders in Special Transactions (" MI 61-101 "). Edge Copper relied on the exemption from formal valuation and minority shareholder approval requirements under section 5.5(a) and 5.7(1)(a) of MI 61-101, respectively, as the fair value of the common shares issued to insiders under the Private Placement, and the consideration paid by the insiders therefor, does not exceed 25% of Edge Copper's market capitalization. Closing of the Public Offering and the Private Placement is expected to occur on June 9, 2026, and is subject to receipt of customary regulatory approvals, including approval of the TSX Venture Exchange.

The common shares offered have not been and will not be registered under the U.S. Securities Act and may not be offered or sold in the United States absent registration under the U.S. Securities Act and all applicable U.S. state securities laws or in compliance with an applicable exemption therefrom. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these common shares in any state or jurisdiction in which such offer, solicitation or sale would be unlawful.   About Edge Copper Corporation Edge Copper Corporation is a copper-focused exploration and development company advancing its wholly-owned Zonia Copper Project, a past-producing heap leach operation on private land, located in Arizona's historic Walnut Grove mining district. With existing infrastructure and significant potential for resource expansion, the Zonia Copper Project is well-positioned to become a key U.S. copper development project.  For more information, please visit www.edgecopper.com .  Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.