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Coppernico Announces Management and Board Changes

Management Changes

[email protected] COPPERNICOMETALS.COM | 1

Coppernico Announces Management and Board Changes

Vancouver, Canada – January 11, 2024 – Coppernico Metals Inc. ("Coppernico" or the "Company") s pleased to

announce that it has appointed Stacy Rowa, CPA, as Chief Financial Officer ("CFO"), effective January 1, 2024. Ms.

Rowa has replaced the former CFO, who resigned effective December 31, 2023. The Company is also announcing

that Mr. Shawn Wallace has retired from his role as Chair of the Board of Directors at Coppernico to focus on his

role as Chief Executive Officer ("CEO") at Torq Resources and will remain a strategic advisor to the Company.

Coppernico's CEO, Ivan Bebek, will serve as interim Chair.

Ms. Rowa has over 18 years of experience in accounting, auditing and corporate finance at various Canadian and

US publicly listed companies, predominantly in the mineral exploration and mining industry. Previously, she was

CFO at Auryn Resources and Torq Resources, and prior to this, she held various progressive roles at Elgin Mining

(now Mandalay Resources), Aura Minerals and in KPMG's mining division. Ms. Rowa is a Canadian CPA and holds

a Bachelor of Commerce in Accounting from the University of British Columbia. Ms. Rowa is also currently serving

as CFO at Tier One Silver.

"On behalf of the Board, I would like to thank Shawn for his contributions as Chair since the Company was founded

in 2020. The past few months have been a very positive and transitional time for Coppernico. We recently

completed our social access agreement at the Sombrero project in southern Peru, where we're planning to

resume surface exploration work this month, and we are in the process of obtaining the final permits required for

our initial planned drill program," commented Mr. Bebek. "I would also like to take this opportunity to welcome

Ms. Rowa to our executive team. I had the pleasure of working with her when she was CFO at Auryn and was

always impressed by her commitment and expertise. Ms. Rowa will be a valuable addition to our team as we work

to resume exploring the Company's flagship Sombrero project and raising our profile as a world-class copper-gold

exploration company in South America," added Mr. Bebek.

ON BEHALF OF THE BOARD OF DIRECTORS

Ivan Bebek

CEO

For further information on Coppernico, please visit www.coppernicometals.com or contact +1 778 729 0600 or

[email protected].

About Coppernico

Coppernico is a mineral exploration company focused on creating value for shareholders and stakeholders

through careful project evaluation and exploration excellence in pursuit of the discovery of world -class copper-

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gold deposits in South America. The Company's management and technical teams have a successful track record

of raising capital, discovery and the monetization of exploration successes. The Company is currently focused on

the Sombrero project in Peru, its flagship project, and is reviewing additional premium projects in South America.

Coppernico is currently a public company and an unlisted reporting issuer. The Company intends to be listed on a

recognized stock exchange once it qualifies. For more information, please visit www.coppernicometals.com.

Cautionary Note

No regulatory organization has approved the contents hereof.

This news release contains forward -looking statements and forward-looking information within the meaning of

Canadian securities legislation (collectively, "forward-looking statements") that relate to the Company's current

expectations and views of future e vents. No assurance can be given that these expectations will prove to be

correct and such forward -looking statements included in this news release should not be unduly relied upon.

These statements speak only as of the date of this news release. Forward -looking statements are based on a

number of assumptions and are subject to a number of risks and uncertainties, many of which are beyond the

Company's control, which could cause actual results and events to differ materially from those that are disclosed

in or implied by such forward -looking statements. Readers should refer to the risks discussed in the Company's

continuous disclosure filings with the Canadian Securities Administrators, available on the SEDAR+ website at

www.sedarplus.ca.