Giant Mining Announces Proposed Name Change and Consolidation and Strategic Focus on Copper
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Press Release April 22, 2026
Giant Mining Announces Proposed Name Change and
Consolidation and Strategic Focus on Copper
/NOT FOR DISTRIBUTION IN THE UNITED STATES OR THROUGH U.S.
NEWSWIRE SERVICES/
VANCOUVER, BC — April 22, 2026 — Giant Mining Corp. (CSE: BFG | OTC:
BFGFF | FWB: YW5) (“Giant Mining” or the “Company”) announces that it
intends to change the Company’s name from “Giant Mining Corp.” to “Copper
One Resources Corp.” (the “Name Change”), reflecting the Company’s
strategic evolution and expanded focus on copper exploration and development.
Copper is widely recognized as a critical metal underpinning global economic
growth and the transition to a low -carbon future. Its essential role in
electrification, renewable energy systems, electric vehicles, and infrastructure
development continues to drive strong long-term demand fundamentals. The
Company believes that aligning its corporate identity with this key commodity
better positions it to capitalize on emerging opportunities within the copper
sector and to communicate its strategic direction more clearly to investors and
stakeholders.
David C. Greenway, President and CEO of Giant Mining Corp., commented, “The
proposed name change to Copper One Resources Corp. marks an important step
in aligning our corporate identity with our strategic focus on copper, a metal that
is fundamental to global economic development and the ongoing energy
transition. As demand for copper continues to accelerate, we believe this
repositioning enhances our ability to create long -term value for our
shareholders.”
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Share Consolidation
Concurrently with the Name Change, the Company intends to consolidate its
common shares on a ten (10) for one (1) basis (the “Share Consolidation”).
The Company currently has 237,189,466 common shares issued and
outstanding. Following the proposed Share Consolidation, the Company will
have approximately 23,718,947 common shares issued and outstanding prior to
the treatment of fractional shares. No fractional shares will be issued as a result
of the Share Consolidation, and any fractional shares will be rounded in
accordance with the policies of the Canadian Securities Exchange (the “CSE”).
The Share Consolidation and Name Change were approved by the board of
directors of the Company but remain subject to the approval of the CSE. The
Company will issue a further news release upon receiving CSE approval,
announcing the effective date of the Name Change and Consolidation.
Upon completion of the Name Change, the Company’s common shares will
continue to trade under the existing symbol “BFG” and will be assigned new
CUSIP and ISIN numbers.
Registered holders of physical share certificates will receive a letter of
transmittal by mail advising that the Name Change and Consolidation has been
effected and will contain instructions on how to exchange share certificates
evidencing pre-consolidated Common Shares for new share certificates
representing the number of post-consolidated Common Shares to which they are
entitled. No action is required for shares held by non -registered holders
(shareholders who hold their shares through an intermediary) and outstanding
Direct Registration System (“DRS”).
The Company believes the Name Change and strategic repositioning will enhance
its visibility within the copper sector and better align with broader market
interest in critical minerals supporting electrification and energy transition
initiatives.
About Giant Mining Corp.
Giant Mining Corp. is focused on identifying, acquiring, and advancing late-stage copper
and copper/silver/gold projects to meet the growing global demand for critical metals
required for electrification, renewable energy infrastructure, and modernization of energy
systems.
The Company’s primary exploration asset is the Majuba Hill project, located approximately
156 miles (251 kilometres) from Reno, Nevada. Majuba Hill is an exploration-stage
property in a mining-friendly jurisdiction with established infrastructure, where the
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Company is advancing ongoing exploration activities.
In addition, the Company has entered into an option agreement to earn up to a 100%
interest in the Redhill Property, located south of Ashcroft, British Columbia, adjacent to the
Trans-Canada Highway. The Redhill Property is an exploration-stage property.
Giant Mining is advancing its projects through systematic exploration and technical
evaluation, with a focus on responsible exploration practices, technical transparency, and
long-term value creation.
Neither the Canadian Securities Exchange nor its Market Regulator (as that
term is defined in the policies of the Canadian Securities Exchange) accepts
responsibility for the adequacy or accuracy of this release.
On Behalf of the Board of Giant Mining Corp.
“David Greenway”
David C. Greenway
President & CEO
For further information, please contact:
P: (604)-499-6791
VISIT OUR WEBSITE FOR MORE DETAILS
www.giantminingcorp.com
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U.S. Securities Law Disclaimer
The securities issuable pursuant to the proposed name change and share
consolidation (the “Proposed Transaction”) have not been, nor will they be,
registered under the United States Securities Act of 1933, as amended (the “U.S.
Securities Act”), and may not be offered or sold within the United States or to,
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or for the account or benefit of, U.S. persons (as defined in Regulation S under
the U.S. Securities Act) except pursuant to an exemption from the registration
requirements of the U.S. Securities Act. This news release does not constitute
an offer to sell or a solicitation of an offer to buy any securities in the United
States or in any other jurisdiction in which such offer, solicitation, or sale would
be unlawful.
Forward-Looking Information
This news release contains certain forward-looking statements and forward-
looking information (collectively, “Forward-Looking Statements”) within the
meaning of applicable Canadian and United States securities laws. All
statements, other than statements of historical fact, included herein, including
without limitation statements regarding the proposed name change and share
consolidation, the receipt of regulatory approvals, and the Company’s strategic
focus on copper, are Forward-Looking Statements. When used in this news
release, the words “anticipate,” “believe,” “estimate,” “expect,” “target,” “plan,”
“forecast,” “may,” “schedule,” and similar words or expressions identify
Forward-Looking Statements.
Forward-Looking Statements in this news release include, without limitation,
statements relating to the completion and timing of the proposed name change
and share consolidation, the receipt of required approvals from the Canadian
Securities Exchange and other regulators, the Company’s strategic repositioning
toward copper, and broader market conditions affecting copper demand and the
mining industry. These Forward-Looking Statements are based on the
reasonable assumptions, estimates, expectations, and opinions of management
of the Company as of the date of this news release.
Forward-Looking Statements are necessarily subject to a number of known and
unknown risks, uncertainties, and other factors that may cause actual results,
performance, or achievements of the Company to be materially different from
those expressed or implied by such Forward-Looking Statements. These risks
and uncertainties include, but are not limited to, the risk that the proposed name
change and share consolidation are not completed on the terms described or at
all, the failure to obtain required regulatory, Canadian Securities Exchange, or
third-party approvals on a timely basis or at all, general risks associated with
capital markets and economic conditions, fluctuations in commodity prices
including copper prices, risks inherent in the mineral exploratio n and
development industry, and changes in applicable laws, regulations, or
government policies. Additional risks and uncertainties are described in the
Company’s public disclosure documents filed on SEDAR+ at www.sedarplus.ca.
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Although the Company believes that the assumptions underlying the Forward-
Looking Statements are reasonable, undue reliance should not be placed on
these statements. The Forward-Looking Statements contained herein are made
as of the date of this news release and are expressly qualified in their entirety
by this cautionary statement. The Company does not undertake any obligation
to update or revise any Forward-Looking Statements, whether as a result of new
information, future events, or otherwise, except as required by applicable
securities laws.
Readers are cautioned that the foregoing list of risks and uncertainties is not
exhaustive. Additional information about these and other risks and uncertainties
is available in the Company's public disclosure documents filed on SEDAR+ at
www.sedarplus.ca
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