Copper One Resources closes $2,500,000 private placement

  Vancouver, BC – TheNewswire - June 24, 2026 – Copper One Resources Corp. ("Copper One" or the "Company") (CSE:CEXY | OTCID:CEXYF | FSE:IW8 | WKN: A42AGR) (the “ Company ”) is pleased to announce that it has closed its previously announced non-brokered private placement pursuant to the listed issuer financing exemption under Part 5A.2 of National Instrument 45-106 – Prospectus Exemptions (the “ LIFE Offering ”) consisting of: (i) 2,875,000 non-flow-through units of the Company (each, an “ NFT Unit ”) at a price of $0.40 per NFT Unit for aggregate gross proceeds of $1,150,000; and (ii) 3,375,000 flow-through units of the Company (each, an “ FT Unit ”) at a price of $0.40 per FT Unit for aggregate gross proceeds of $1,350,000, for total aggregate gross proceeds of $2,500,000.   “We are thrilled with the continued support from our shareholders and new investors as we advance Copper One’s expanded North American copper exploration portfolio,” said David Greenway, President and CEO of Copper One. “ With the closing of this financing, Copper One is funded to advance further exploration, including drilling at both of our Canadian copper projects, Redhill and Redonda, each of which was previously drilled by Teck Resources, while also remaining funded for our planned up to 10,000-foot drill program at our flagship Majuba Hill copper-silver-gold project in Nevada. This financing positions the Company to move forward with a focused, multi-project exploration strategy at a time when copper continues to play an increasingly important role in electrification, AI infrastructure, renewable energy and grid modernization. ”   Each NFT Unit consists of one common share in the capital of the Company (a “ Common Share ”) and one common share purchase warrant (a “ Warrant ”). Each Warrant entitles the holder to acquire one additional Common Share at a price of $0.70 per Common Share for a period of 12 months from the date of issuance.

If the Common Shares close at or above $0.90 per Common Share for a period of five (5) consecutive trading days, the Company may accelerate the expiry date of the Warrants to 30 days following the date of such notice.   Each FT Unit consists of one Common Share that qualifies as a “flow-through share” within the meaning of the Income Tax Act (Canada) (an “ FT Share ”) and one Warrant. Each Warrant entitles the holder to acquire one additional non-flow-through Common Share at a price of $0.70 per Common Share for a period of 12 months from the date of issuance. If the Common Shares close at or above $0.90 per Common Share for a period of five (5) consecutive trading days, the Company may accelerate the expiry date of the Warrants to 30 days following the date of such notice.   The NFT Units and FT Units issued pursuant to the LIFE Offering are not subject to a hold period in accordance with applicable Canadian securities laws.   The net proceeds from the sale of NFT Units will be used for exploration and drilling programs, property payments, and general working capital.