Copper One Resources Closes $2.5 Million Private Placement to Advance North American Copper Exploration

Vancouver, BC – June 24, 2026 – Leads & Copy — Copper One Resources Corp. announced the successful closing of its non-brokered private placement, raising a total of $2,500,000. The financing, conducted under the listed issuer financing exemption, consisted of two tranches: 2,875,000 non-flow-through units at $0.40 per unit for $1,150,000 and 3,375,000 flow-through units at $0.40 per unit for $1,350,000.

David Greenway, President and CEO of Copper One, expressed enthusiasm regarding the continued support from existing and new investors, which will advance the company's expanded North American copper exploration portfolio. The funds raised will enable further exploration, including drilling at the Redhill and Redonda projects in Canada, both previously explored by Teck Resources. Additionally, the financing provides capital for a planned up to 10,000-foot drill program at the Majuba Hill copper-silver-gold project in Nevada. Greenway highlighted that this financing strategy positions the company to pursue a multi-project exploration approach during a period of increasing copper demand for electrification, AI infrastructure, renewable energy, and grid modernization.

Each non-flow-through unit includes one common share and one common share purchase warrant, with warrants exercisable at $0.70 per share for 12 months. The company may accelerate warrant expiry if the common shares trade at or above $0.90 for five consecutive trading days. Similarly, each flow-through unit comprises one flow-through share and one warrant with the same exercise terms and potential acceleration clause.

The units issued are not subject to a hold period under Canadian securities laws. Proceeds from the non-flow-through units will be allocated to exploration, drilling programs, property payments, and general working capital. Funds from the flow-through units will be designated for Canadian exploration expenses and flow-through critical mineral mining expenditures, as defined by the Income Tax Act (Canada), with renunciation to subscribers by December 31, 2026.

In connection with the offering, Copper One paid aggregate cash finder’s fees of $111,570 and issued 278,925 finder’s warrants to eligible finders, including Haywood Securities Inc., Ventum Financial Corp., Canaccord Genuity Corp., and Research Capital Corporation. Each finder’s warrant is exercisable into one common share at $0.70 for 12 months.

An insider of the Company participated in the private placement, which was deemed a related party transaction. Copper One is relying on exemptions from formal valuation and minority shareholder approval requirements under MI 61-101, as the transaction's value does not exceed 25% of the company's market capitalization.

Copper One Resources Corp. is focused on advancing copper, copper/silver/gold, and critical metals projects in North America. Its key assets include the Majuba Hill Copper-Silver-Gold District in Nevada and options to earn interests in the Redhill Property and the 100%-owned Redonda Copper-Molybdenum Project in British Columbia. The company prioritizes systematic exploration, technical evaluation, responsible practices, and long-term value creation.

Source: Copper One Resources Corp.