Cascade Copper Announces Private Placement for Exploration Programs

Vancouver, British Columbia — May 15, 2026 — Leads & Copy —

Cascade Copper Corp. (CSE: CASC, FRA: 91O) announced a non-brokered private placement aiming to raise up to CDN$800,000 to fund its 2026 critical minerals exploration programs.

The offering includes two components: a critical minerals flow-through component and a non-flow-through component.

The flow-through component consists of flow-through units priced at $0.07 per unit. Each unit includes one flow-through common share and one-half of a non-flow-through share purchase warrant. Each full warrant allows the holder to purchase one non-flow-through common share at $0.10 for 36 months after the closing.

The non-flow-through component consists of units priced at $0.055 per unit. Each NFT Unit includes one common share and one-half non-flow-through warrant. Each full warrant is exercisable for one common share at an exercise price of $0.10 for a term of 36 months after the closing.

Management retains the right to adjust the final allocation between the flow-through and non-flow-through components, ensuring the total remains within the $800,000 maximum.

Proceeds from the sale of FT Shares, which qualify as "flow-through shares" under the Income Tax Act (Canada), will fund eligible Critical Mineral Canadian Exploration Expenses. These funds will primarily support drilling and exploration at the Company’s Critical Minerals projects in British Columbia and Ontario. Proceeds from the sale of NFT Units will be used for the Company’s general operating expenses.

The initial tranche of the Offering is expected to close by late May, pending necessary approvals, including approval from the Canadian Securities Exchange.

The Offering is available to existing shareholders as of May 14, 2026, who continue to hold common shares, under a prospectus exemption. This exemption limits investments to $15,000 within a 12-month period, unless suitability advice is obtained from a registered investment dealer.

The company may also pay finder's fees on the Offering of up to 8% in cash and 8% in warrants of the aggregate gross proceeds raised directly by the finder.

Cascade Copper intends to renounce Qualifying Expenditures to subscribers of Flow-Through Units for the fiscal year ending December 31, 2026, and incur the necessary Qualifying Expenditures on or before December 31, 2027, in accordance with regulatory requirements.

The Offering is also available to certain subscribers under B.C. Instrument 45-536, with the Company confirming that all material information has been disclosed.

All securities issued in connection with the Offering will be subject to a four-month hold period from the closing date, as per Canadian securities laws.

Cascade Copper is focused on copper and gold, porphyry and mesothermal gold deposits in British Columbia and VMS and BIF copper, gold, and silver style deposits in Ontario.

Cascade Copper's President and CEO Jeff Ackert stated that the financing would provide increased flexibility for drilling at Centrefire and for summer programs in British Columbia.

Cascade has five projects, including the Copper Plateau Copper-Moly Project, the Centrefire Copper-Gold Project, the Rogers Creek Copper-Gold Project, Fire Mountain Copper-Gold Project and the Bendor Gold-Tungsten Project.

Source: Cascade Copper