CopperCorp Receives Depository Trust Company (DTC) Eligibility

CopperCorp Receives Depository Trust

Company (DTC) Eligibility

VANCOUVER, BC

,

March 31, 2022

/CNW/ - CopperCorp Resources Inc. (TSXV: CPER) (OTCPK:

CPCPF) ("CopperCorp" or the "Company") is pleased to announce that its common shares are now

eligible for electronic clearing and settlement through Depository Trust Company (DTC).

DTC is a subsidiary of Depository Trust & Clearing Corp., a

United States

company that manages

the electronic clearing and settlement of securities for publicly traded companies in

the United

States

. Securities that are eligible to be electronically cleared and settled through DTC are DTC

eligible. DTC eligibility is expected to simplify the process of trading and enhance the liquidity of the

Company's common shares in

the United States

because of the accelerated settlement period and

the expected reduction in costs for investors and brokers.

"We are pleased that we have been approved for electronic clearing and settlement to simplify the

process of investing in CopperCorp for investors and believe that having DTC eligibility will

encourage new investors at this exciting stage of our company," commented

Stephen Swatton

, CEO

of CopperCorp.

DTC eligibility also enables new investors that may have been previously restricted from trading

common shares to begin trading and simplifies the process of trading common shares in

the United

States

.

About CopperCorp

CopperCorp is a well-financed mineral exploration company with approximately

C$9.8M

targeting

world class copper-gold discoveries in western

Tasmania, Australia

. The Company is currently

undertaking infill drilling and ground exploration programs at the Alpine prospect (our initial target on

the larger AMC Project, formerly the Alpine Project) where wide spaced historical drilling delineated

IOCG-style mineralization over a

700m

strike length. Significant intercepts from the historical drilling

included:

AP004:

38.2m

@ 0.8 % Cu from

58.7m

, including

22.25m

@ 1.24% Cu from

64.65m

; and

41.8m

@ 0.3% Cu from

111.0m

AP007:

86.0m

@ 0.5% Cu from

62.0m

AP017:

24.65m

@ 0.52% Cu from

222.0m

AP013:

100.4m

@ 0.27% Cu from

204.6m

[these have been calculated using a 0.1% Cu cut-off]

Western Tasmania

is an established mining region located within a low-risk, stable jurisdiction with a

long, 150-year exploration and mining history. The region is rich in diverse mineral resources with

large-scale multi-generational mines, established infrastructure, local skilled labor, and rail-to-port

networks. The region is supplied by 100% renewable energy.

Quality Assurance / Quality Control

Full information on historical exploration activities and results at the Alpine prospect are included in

the Technical Report (NI 43-101) dated 18 April 2021. True widths of historical drill hole intercepts

are yet to be determined.

Qualified Person

The Company's disclosure of technical or scientific information in this press release was reviewed

and approved by

Sean Westbrook

, VP Exploration for the Company. Mr. Westbrook is a Qualified

Person as defined under the terms of National Instrument 43-101.

Additional information about CopperCorp can be found on its website:

www.coppercorpinc.com

and

at

www.sedar.com

.

This press release includes "forward-looking statements", including statements regarding the

benefits of DTC eligibility, forecasts, estimates, expectations and objectives for future operations

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

the control of CopperCorp. Investors are cautioned that any such statements are not guarantees of

future performance and that actual results or developments may differ materially from those

projected in the forward-looking statements. Such forward-looking information represents

management's best judgment based on information currently available. No forward-looking

statement can be guaranteed, and actual future results may vary materially.

Neither TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this

release.

SOURCE

CopperCorp Resources Inc.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/April2022/01/c4191.html

%SEDAR: 00051014E

For further information:

Stephen Swatton, President, CEO & Director,

[email protected]; Alexander Muir, CFA, Manager, Investor Relations,

[email protected], 604-970-8032

CO: CopperCorp Resources Inc.

CNW 13:10e 01-APR-22