Copper Fox raises $3,000,000 via non-brokered private placement

Calgary, Alberta--(Newsfile Corp. - June 29, 2026) - Copper Fox Metals Inc. (TSXV: CUU) (FSE: HPU) ("Copper Fox" or the "Company")  is pleased to announce that it intends to complete, subject to the approval of the TSX Venture Exchange, a non-brokered private placement to raise up to $3,000,000 in gross proceeds (the "Offering"). The Offering will consist of up to 5,000,000 common shares ("Shares") at a price of $0.60 per share. Copper Fox is making the Offering available to subscribers under a number of available prospectus exemptions, including the accredited investor exemption, family and close personal friends and business associates of directors and officers of the Company.

The Offering is also available to all existing shareholders of Copper Fox who, as of the close of business on June 28, 2026 (the "Record Date"), held shares (and who continue to hold such shares as of the closing date) in accordance with the provisions of the "existing security holder exemption" contained in the various corresponding blanket orders and rules of participating jurisdictions (the "Existing Security Holder Exemption"). The Company advises that there are conditions and restrictions when subscribers are relying upon the Existing Security Holder Exemption, including, among other criteria: (a) the subscriber must be a shareholder of the Company on the Record Date (and still be a shareholder), (b) be purchasing the Shares as a principal - for his or her own account and not for any other party, and (c) may not purchase more than $15,000 value of securities from the Company in any 12-month period. There is an exception to the $15,000 subscription limit.

In the event that a subscriber wishes to purchase more than a $15,000 value of securities, then he or she may do so provided that the subscriber received suitability advice from a registered investment dealer, and, in this case, subscribers will be asked to confirm the registered investment dealer's identity and employer. Subscribers purchasing Shares using the Existing Security Holder Exemption will need to represent in writing that they meet the requirements of the Existing Security Holder Exemption. There is no minimum subscription amount.

As the Existing Security Holder Exemption contains certain restrictions and is only available in certain jurisdictions in Canada, others that do not qualify under the Existing Security Holder Exemption may qualify to participate under other prospectus exemptions, such as the accredited investor exemption. The Company retains the right to accept or reject subscriptions. Should the Offering be oversubscribed it is possible that a shareholder's subscription may not be accepted by the Company.

Additionally, in the event of an imbalance of large subscriptions compared to smaller subscriptions, management reserves the right in its discretion to favor large subscriptions over smaller shareholder subscriptions. The Offering is expected to close by July 27, 2026. In accordance with applicable securities legislation, securities issued pursuant to the Offering are subject to a hold period of four months plus one day from the date of the completion of the Offering.