CopperCorp Closes First Tranche of Private Placement
Vancouver, B.C. (TSXV: CPER)(FSE: NU0)
CopperCorp Closes First Tranche of Private Placement
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
VANCOUVER, BC July 18, 2025 – CopperCorp Resources Inc. (TSXV: CPER) (OTCQB: CPCPF) (FSE: NU0)
(“CopperCorp” or the “Company”) is pleased to announce that it has closed a first tranche of its upsized
non-brokered private placement raising gross proceeds of $1,575,319 (the “Offering”).
The second tranche of the Offering will consist of an additional 10,882,352 Units (as defined below) being
purchased by a strategic investor and Crescat Capital LLC ("Crescat") for combined proceeds to the
Company of C$2,500,319. Crescat is purchasing the Units pursuant to an investment agreement with the
Company and, on closing of the final tranche of the Offering , will hold approximately 9.3% of the issued
shares of Coppercorp.
Tranche one of the Offering consists of 18,533,163 units at a price of $0.085 per unit (the “Units”). Each
Unit is comprised of one common share in the capital of the Company (a “Share”) and one common share
purchase warrant (a “Warrant”). Each Warrant entitles the holder to purchase one additional Share at a
price of $0.13 per Share for a period of two years from closing of the Offering.
The Company intends to use the proceeds of the Offering for exploration drilling and development of the
Company’s Hydes and Jukes properties, located in western Tasmania, Australia and for general working
capital.
In connection with the closing of the Offering, CopperCorp paid finder’s fees totaling C$ 59,974.50 and
issued a total of 705,582 finder’s warrants (under the same terms as the Warrants). The Offering is subject
to all necessary regulatory approvals, including the final approval of the TSX Venture Exchange. The
securities issued under the Offering will be subject to a hold period under applicable securities laws in
Canada expiring four months and one day from the closing date of the Offering.
The Offering included participation by insiders of the Company in the aggregate amount of 352,941 Units.
The participation in the Offering by these insiders constitutes a related party transaction within the meaning
of Policy 5.9 of the TSX Venture Exchange and Multilateral Instrument 61 -101 – Protection of Minority
Security Holders in Special Transactions (“MI 61-101”). In connection with the participation by the insiders,
the Company relied upon the exemptions from the formal valuation and minority shareholder approval
requirements of MI 61 -101 set forth in sections 5.5(a) and 5.7(1)(a) of MI 61- 101 on the basis that the fair
market value (as determined under MI 61-101) of the participation did not exceed twenty-five percent of the
market capitalization of the Company (as determined under MI 61-101).
550-800 West Pender St. Vancouver, BC V6C 2V6 | E: [email protected] | W: coppercorpinc.com
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities
in the United States. The securities have not been and will not be registered under the United States
Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be
offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act
and applicable state securities laws or an exemption from such registration is available.
About CopperCorp
CopperCorp is a TSX.V listed (TSX.V: CPER) exploration company focused on the exploration and
development of its Skyline, and AMC copper -gold-REE projects in western Tasmania. Refer to the
CopperCorp website at www.coppercorpinc.com for further information.
Contact:
Stephen Swatton
President, CEO & Director
Corporate Development Contact:
604-970-8032
Additional information about CopperCorp can be found on its website: www.coppercorpinc.com and at
www.sedarplus.ca.
CAUTIONARY STATEMENT REGARDING FORWARD- LOOKING INFORMATION: This news release includes certain
“forward-looking statements” under applicable Canadian securities legislation relating to plans for future exploration
and drilling and the timing of same, the merits of the Company’s mineral projects and other plans of the Company,
including statements relating to the use of proceeds and completion of the Offering. Forward-looking statements are
statements that are not historical facts; they are generally, but not always, identified by the words “encouraging”,
"expects”, "plans”, "anticipates”, "believes”, “interpret”, "intends", "estimates", "projects", "aims", “suggests”, “often”,
“target”, “future”, “likely”, “pending”, "potential", "goal", "objective", "prospective", “possibly”, “preliminary” and
similar expressions, or that events or conditions "will", "would", "may", "can", "could" or "should" occur, or other
statements, which, by their nature, refer to future events. The Company cautions that forward-looking statements are
based on the beliefs, estimates and opinions of the Company's management on the date the statements are made, and
that such statements are subject to risks and uncertainties that may cause actual results, performance or developments
to differ materially from those contained in the statements. Consequently, there can be no assurances that such
statements will prove to be accurate and actual results and future events could differ materially from those anticipated
in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.
Factors that could cause future results to differ materially from those anticipated in forward-looking statements include
risks associated with exploration and drilling; the timing and content of upcoming work programs; geological
interpretations based on drilling that may change with more detailed information; possible accidents; the possibility
that the Company may not be able to secure permitting and other governmental approvals necessary to carry out the
Company's plans; the risk that the Company will not be able to raise sufficient funds to carry out its business plans; the
possibility that future exploration results will not be consistent with the Company’s expectations; increases in costs;
environmental compliance and changes in environmental and other local legislation and regulation; interest rate other
risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological
factors and exchange rate fluctuations; changes in economic and political conditions; and other risks involved in the
550-800 West Pender St. Vancouver, BC V6C 2V6 | E: [email protected] | W: coppercorpinc.com
mineral exploration industry. The reader is urged to refer to the Company's Management’s Discussion and Analysis,
publicly available through the Canadian Securities Administrators' System for Electronic Document Analysis and
Retrieval (SEDAR+) at www.sedarplus.ca for a more complete discussion of risk factors and their potential effects.
Forward-looking statements are based on a number of assumptions, including management’s assumptions about the
following: the availability of financing for the Company’s exploration activities; operating and exploration costs; the
Company’s ability to attract and retain skilled staff; timing of the receipt of necessary regulatory and governmental
approvals; market competition; and general business and economic conditions. The Company disclaims any intention or
obligation to update or revise any forward-looking statements, whether as a result of new information, future events or
otherwise, except as required by law.
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.