Copper One Resources revises warrant offering terms with flow-through options
Key facts
- C$8M PP
- C$0.4/unit
- +0.5 wt @ C$0.5
Vancouver, BC – August 20, 2026 – TheNewswire - Copper One Resources Corp. (“Copper One” or the “Company”) (CSE:CEXY | OTCID:CEXYF | FSE:IW8 | WKN: A42AGR) announces that further to its news releases dated July 6, 2026, July 20, 2026, and August 10, 2026 (collectively, the “ Prior Releases ”), the Company has further amended the terms of its previously announced non-brokered special warrant offering (the “ Offering ”).
The Offering has been restructured from a single class of up to 19,500,000 special warrants into two classes, consisting of up to (i) 15,000,000 non-flow-through special warrants of the Company (each, a “NFT Special Warrant ”) at a purchase price of $0.40 per NFT Special Warrant, for aggregate proceeds of up to $6,000,000, and (ii) 5,000,000 flow-through special warrants of the Company (each, a “ FT Special Warrant ” and, together with the NFT Special Warrants, the “ Special Warrants ”) at a purchase price of $0.40 per FT Special Warrant, for aggregate proceeds of up to $2,000,000, for combined aggregate gross proceeds of up to $8,000,000 .
Each NFT and FT Special Warrant will automatically convert, without payment of any additional consideration, into one unit of the Company (a “Unit ”), in each case on the conversion date as described in the Prior Releases. Each FT Special Warrant will qualify as a “flow-through share” as defined in subsection 66(15) of the Income Tax Act (Canada). Each Unit will be comprised of one common share of the Company (a “ Share ”), to be issued on a non-flow-through basis, and one-half of one common share purchase warrant (each whole warrant, a “ Warrant ”).
All other terms of the Offering, including the exercise price of the Warrants ($0.50 per Warrant Share), the warrant term (two years from closing), the acceleration provisions, the ten percent blocker provision, the finder’s fee terms, and the intended use of proceeds, remain unchanged from those described in the Prior Releases.
The Special Warrants are expected to be issued pursuant to exemptions from the prospectus requirements under Canadian securities laws, including the accredited investor, $150,000 minimum investment, or other relevant exemptions under National Instrument 45-106 – Prospectus Exemptions. Prior to the filing of the Prospectus Supplement and the automatic conversion of the Special Warrants, the securities issued under the Offering will be subject to a four-month hold period from the date of closing of the Offering in addition to any other restrictions under applicable law.
The securities issuable pursuant to the Offering have not, nor will they be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons in the absence of U.S. registration or an applicable exemption from the U.S. registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful.