COPPER GIANT ACQUIRES STRATEGIC 53,474 HECTARE LAND PACKAGE IN THE JURASSIC PORPHYRY BELT OF COLOMBIA The Company also announces mutual conclusion of its At-The-Market (ATM) equity distribution program with Research Capital
COPPER GIANT ACQUIRES STRATEGIC
53,474 HECTARE LAND PACKAGE IN THE
JURASSIC PORPHYRY BELT OF COLOMBIA
The Company also announces mutual conclusion of its At-The-Market (ATM) equity
distribution program with Research Capital
VANCOUVER, BC
,
June 27, 2025
/CNW/ - Copper Giant Resources Corp. ("
Copper Giant
" or the
"
Company
") (TSXV: CGNT) (OTCQB: LBCMF) (FRA: 29H0) is pleased to announce it has entered
into a definitive agreement to acquire 100% of the issued and outstanding shares of
Grupo Minera
Sol S.A.S
. ("
Grupo Minera Sol
"), a private Colombian company holding 12 mining applications
covering 53,474 hectares (see Figure 1) within the prolific Jurassic porphyry belt in
Colombia
.
As consideration, Copper Giant will issue 7,500,000 common shares of the Company at a price of
$0.21
per share to the shareholders of
Grupo Minera Sol
. The transaction is subject to approval by
the TSX Venture Exchange.
Grupo Minera Sol's
applications are contiguous with Copper Giant's existing land package and are
primarily located in the Department of Cauca (Municipality of
Santa Rosa
), with extensions into
Putumayo and the Mocoa Municipality. The combined claims now span approximately 136,425
hectares—an increase of 64%—positioning Copper Giant as one of the largest holders of highly
prospective porphyry terrain in
Colombia
.
Strategic Highlights:
Land Expansion:
Copper Giant's land holdings grow from 82,951 hectares to 136,425
hectares, consolidating a dominant 75-kilometre corridor within
Colombia's
Jurassic porphyry
belt.
Regional Prospectivity:
The 75 km trend is supported by historical soil geochemistry and
prospecting work and is geologically analogous in scale to the corridor that hosts Mirador,
Warintza, and Panantza–San Carlos in
Ecuador
.*
District-Scale Foundation:
Combined with the district-scale potential emerging at Mocoa, the
acquisition enhances Copper Giant's ability to define multiple high-priority targets across a
geologically fertile and underexplored belt.
"This acquisition strengthens our strategic footprint in one of the most prospective porphyry copper
belts in the Andes. It reflects our long-term conviction in the Mocoa region, our continued investment
in local partnerships, and our belief that the next generation of major copper discoveries will come
from projects that can offer both scale and continuity," commented
Ian Harris
, President & CEO.
"Through steady groundwork and trust-based relationships, we've created the right conditions to
consolidate this district in a responsible and collaborative way."
*Mirador, Warintza, and Panantza–San Carlos are independent of Copper Giant and there is no
guarantee of future performance of Copper Giant projects. No inference should be made regarding
mineral resources or reserves based on adjacent or nearby deposits.
Figure 1 – Land Holdings of Minera Sol and Copper Giant (CNW Group/COPPER GIANT
RESOURCES CORP.)
ATM Termination
Copper Giant and Research Capital Corporation have mutually agreed to conclude the Company's
At-The-Market (ATM) equity distribution program as outlined in the Equity Distribution Agreement
dated
January 22, 2025
. This strategic decision reflects the Company's positive outlook and
commitment to maximizing shareholder value. The termination is effective immediately. A total of
$2,017,000
raised pursuant to the ATM Offering as disclosed in news release
April 10, 2025
.
About Copper Giant
Copper Giant Resources Corp. is part of the Fiore Group, a private and well-established Canadian
organization known for building successful, high-impact companies across the natural resource
sector. Copper Giant was formed with a singular focus: to advance high-quality copper projects
beyond resource definition—responsibly, efficiently, and with long-term positive impact.
The Company is led by a team with uncommon experience, having successfully taken some of the
few major copper mines developed in the past two decades from discovery through to construction.
Copper Giant's current focus is the Mocoa copper-molybdenum deposit in southern Colombia, one
of the largest undeveloped resources of its kind in the Americas. Recent exploration success has
revealed potential well beyond its original footprint, highlighting Mocoa as a broader district-scale
opportunity—and the catalyst for the Company's name and evolution.
Guided by the values of
respect
and r
esponsibility
, and grounded in its
Good Neighbor
philosophy,
Copper Giant is committed to creating enduring value for all stakeholders and playing a meaningful
role in the global energy transition.
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 adequacy or accuracy of
this release.
This news release includes forward-looking statements that are subject to risks and uncertainties.
All statements within, other than statements of historical fact, the outcome of the Company's
current resource expansion strategy; other activities and achievements of the Company, including
but not limited to: the anticipated closing of the transaction with
Grupo Minera Sol
; the potential
benefits of the combined claims; the timing and success for the advancement of the Mocoa
Project, the expansion of the Mocoa resource base; are to be considered forward looking. Although
Copper Giant believes the expectations expressed in such forward-looking statements are based
on reasonable assumptions, such statements are not guarantees of future performance and actual
results or developments may differ materially from those in forward-looking statements. Factors
that could cause actual results to differ materially from those in forward-looking statements include
not obtaining receipt from the TSX Venture Exchange for completion of the transaction with
Grupo
Minera Sol
; market prices and volatility with the Company's common shares, exploitation and
exploration successes, uncertainty of reserve and resource estimates, risks of not achieving
production, continued availability of capital and financing, processes, permits and filing
requirements, risks related to operations in foreign and developing countries and compliance with
foreign laws and including risks related to changes in foreign laws and changing policies related to
mining and local ownership requirements in
Colombia
, and general economic, market, political or
business conditions and regulatory and administrative approvals. There can be no assurances that
such statements will prove accurate and, therefore, readers are advised to rely on their own
evaluation of such uncertainties. We do not assume any obligation to update any forward-looking
statements
SOURCE
COPPER GIANT RESOURCES CORP.
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For further information:
Additional Information: Ian Harris, Chief Executive Officer,
[email protected], +1 303 956 2944; Tetiana Konstantynivska, Vice President Investor
Relations, [email protected], +1 778 829 8455
CO: COPPER GIANT RESOURCES CORP.
CNW 07:30e 27-JUN-25