Coyote Copper upsize non-brokered financing to $8.5 million

Toronto, Ontario--(Newsfile Corp. - June 15, 2026) - Coyote Copper Mines Inc. (TSXV: CCMM) ("CCMM" or the "Corporation") announces upsizing its non-brokered financing to $8.5 million ($8,500,000) The Corporation will issue up to 34,000,000 Units to be issued at a price of CAD$0.25 per Unit with each Unit consisting of one (1) fully-paid and non-assessable Common Share (a " Common Share ") and one half (½) Common Share purchase warrant (a " Half Warrant ") in the capital of the Corporation, for aggregate gross proceeds of up to $8,500,000 to be used for exploration and general corporate purposes (the " Offering "). Two Half Warrants will entitle the holder thereof to purchase one common share (a " Warrant Share ") in the capital of the Corporation. Each Warrant will expire thirty six (36) months from the date of issue and will entitle the holder thereof to purchase one Common Share at a price of CAD$0.50 per Warrant Share within 36 months from the date of issue.

The Corporation may pay finder's fees to arm's-length third parties consisting of (i) cash commission of up to 7% of the gross proceeds of the Offering; and (ii) broker warrants (" Broker Warrants ") in an amount up to 7% of the total number of Units issued under the Offering. Each Broker Warrant will expire 36 months from the date of issue (the " Broker Warrant Expiry Date ") and will entitle the holder thereof to purchase one Common Share of the Issuer at a price of $0.50 per Common Share at any time up until the Broker Warrant Expiry Date. The closing of the final tranche of the Offering is expected to occur on or before June 16, 2026 (the " Closing Date ") or such other date as the Corporation may determine and is subject to Exchange approval.

Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release does not constitute an offer to sell or a solicitation of an offer to buy 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.

Cautionary Statement Regarding Forward Looking Information This news release contains statements which constitute "forward-looking information" within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation. Often, but not always, forward-looking information can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results "may", "could", "would", "might" or "will" (or other variations of the forgoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding the Offering, the business plans and expectations of the Corporation and expectations for other economic, business, and/or competitive factors.