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Lowell Copper Announces Grant of Options

Share Capital & Compensation

SUITE 1400, 400 BURRARD STREET ● VANCOUVER, BC ● V6C 3A6 ● TEL: 604-628-1168 ● FAX: 604-688-0094

Lowell Copper Announces Grant of Options

Vancouver, British Columbia, January 23, 2014 – Lowell Copper Ltd. (TSXV: JDL) (“Lowell Copper” or the “Company”) announces that, pursuant to its Stock Option Plan, it has granted incentive stock options to certain directors, officers, employees and consultants of the Company to purchase up to an aggregate of 3,240,000 common shares in the capital stock of the Company. The options are exercisable at a price of $0.54 per common share, will expire on January 23, 2019 and will vest in four equal parts over two years after the grant.

About Lowell Copper

Lowell Copper is a copper exploration and development focused company led by J. David Lowell and is listed on the TSX-V. The Company was founded to leverage the current market conditions and build a portfolio of economic copper projects through a combination of exploration, mergers and acquisitions by utilizing the considerable experience and success of management and directors of the Company.

For further information contact:

Marcel de Groot, President Suite 1400, 400 Burrard Street Vancouver, BC Tel: (604) 628-1102 Fax: (604) 688-0094

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACEY OR ACCURACY OF THIS RELEASE.