Copper Quest Announces Fully Subscribed Private Placement with Continued Support BY Strategic International Investor
CSE: CQX WWW.COPPER.QUEST
COPPER QUEST ANNOUNCES FULLY SUBSCRIBED PRIVATE
PLACEMENT WITH CONTINUED SUPPORT BY STRATEGIC
INTERNATIONAL INVESTOR
September 9, 2026
Vancouver, British Columbia – Copper Quest Exploration Inc. (CSE: CQX; OTCQB: IMIMF; FRA: 3MX)
(“Copper Quest” or the “Company”) is pleased to announce that it plans to complete a non-brokered,
fully subscribed, strategic private placement (the “Private Placement”) by issuing up to an aggregate
of 10,625,000 units (the “ Units”) at a price of C$0.08 per Unit for gross proceeds of up to C$850,000.
Copper Quest is pleased that it’s largest strategic investor, Concept Capital Management Ltd.
(“Concept Capital Management ”), is leading this offering. Concept Capital Management shares the
Company’s long -term view of investment and provides foundational financing for Mining and
exploration companies to complete exploration and feasibility studies.
Brian Thurston, CEO of Copper Quest, stated, “We’re grateful to have Concept Capital as a cornerstone
investor into Copper Quest and thankful for their shared vision to grow shareholder value through the
acquisition and advancement of multiple properties. This second strategic investment into Copper Quest
adds another level of comfort for our shareholders through a strong treasury and working capital that
allows the Company to expand its planned exploration and drilling operations for the 2026/27 seasons ."
Private Placement
Each Unit consists of one (1) common share in the capital of the Company (a “ Share”) and one Share
purchase warrant, whereby each Share purchase warrant (a “ Warrant”) shall be convertible into an
additional Share (a “Warrant Share”) at an exercise price of C$0.13 per Warrant Share. Each Warrant
shall expire on the date that is two (2) years following the date of issuance (the “ Expiry Date”). The
Expiry Date of the Warrants may be accelerated if the closing price of the Shares on any Canadian
stock exchange equals or exceeds $0.30 for ten (10) consecutive trading days at any time following
the date that is four months and one day after the date of issue of the Warrants, such that the
Warrants shall expire on the date which is 30 calendar days following the date a news release is issued
by the Company announcing the accelerated expiry date of the Warrants.
Proceeds from the Private Placement are intended for exploration activities and general working
capital purposes. Closing of the Private Placement is subject to the receipt of all necessary regulatory
and other approvals and is expected to take place on or before September 18, 2026. Copper Quest
may pay finder’s fees in connection with the Private Placement.
All securities issued in connection with the Private Placement will be subject to a statutory hold period
expiring four months and one day after the date of issuance, as set out in National Instrument 45‐102
– Resale of Securities.
The securities described herein have not been 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 absent registration or compliance with an applicab le exemption from the registration
requirements of the U.S. Securities Act and applicable state securities laws. This news release shall
not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the
securities in any State in which such offer, solicitation or sale would be unlawful.
About Copper Quest Exploration Inc.
The Company's land holdings comprise 8 projects that span almost 50,000 hectares in great mining
jurisdictions of Canada and the USA. Copper Quest is committed to building shareholder value
through acquisitions, discovery -driven exploration, and responsibl e development of its North
American portfolio of assets. The Company’s common shares are principally listed on the Canadian
Stock Exchange under the symbol “CQX”. For more information on Copper Quest, please visit the
Company’s website at www.copper.quest.
Copper Quest has a 100% interest in the past-producing Alpine Gold Mine located approximately 20
kilometers northeast of the City of Nelson British Columbia, spanning 4,611.49 hectares with a 2018
National Instrument 43-101 Standards of Disclosure for Mineral Projects historical inferred resource
of 268,000 tonnes, estimated using a cut-off grade of 5.0 g/t Au and an average grade of 16.52 g/t Au,
that represents an inferred resource of 142,000 oz of gold* (*McCuaig & Giroux, March 6, 2018, NI43-
101 Technical Report for the Alpine Property, BC, Canada. Further drilling is necessary by the Company to
upgrade/verify the estimate. The QP has not done sufficient work to make the resource current and the
Company is not treating the estimate as current.) . Apart from the Alpine Mine itself the property hosts
4 other less explored significant vein systems including the past -producing King Solomon vein
workings, the Black Prince and the Cold Blow veins system, and the Gold Crown vein system. *The
Company has not yet completed sufficient work to verify the 2018 historic inferred resource results.
Copper Quest has a 100% interest in the road accessible Stars Porphyry Copper -Molybdenum
Property, spanning 9,693 hectares in central British Columbia’s Bulkley Porphyry Belt with Tana Zone
discovery drill intersection highlights of 0.466% Cu over 195.07m in drill hole DD18SS004 from
23.47m, 0.200% Cu over 396.67m in drill hole DD18SS010 from 29.37m, and 0.205% Cu over 207.27m
in drill hole DD18SS015 from 163.98m. This highly prospective, approximately 5X2.5 -kilometer
annular magnetic anomaly is interpreted to represent an altered monzonite intrusion and
surrounding hornfels.
Copper Quest has a 100% interest in the road accessible Kitimat Copper-Gold Property, spanning
6,801.41 hectares within the Skeena Mining Division of northwestern British Columbia located
northwest of the deep-water port community of Kitimat, British Columbia. The property benefits from
exceptional infrastructure, being within 10 km of ti dewater, 1.5 km of rail, and 6 km of high -voltage
hydroelectric transmission lines. Exploration on the Kitimat property dates to the late 1960s, with the
most significant historical work conducted by Decade Resources Ltd. (2010), which completed 16
diamond drill holes totaling 4,437.5 meters in the Jeannette Cu -Au Zone, and drill intersection
highlights of 0.54% Cu and 1.03 g/t Au over 117.07 m in Hole J-7 from 1.52 m, 0.55% Cu and 1.00 g/t
Au over 103.65m in Hole J-1 from 9.15 m, 0.45% Cu and 0.80 g/t Au over 107.01m in Hole J-2 from
6.10 m, and 0.33% Cu and 0.41 g/t Au over 112.20m in Hole J-8 from 11.89 m.
Copper Quest has a 100% interest in the past-producing, road accessible Auxer Gold Mine, spanning
1,087 hectares located in Bonner County, Idaho, USA. This orogenic gold opportunity is positioned
along one of the region’s most significant structural corridors located within the prolific Hope Fault
system. Historical exploration has demonstrated exceptional gold grades, with the 1936 Platts report
documenting up to 21.0 g/t Au in surface samples and underground workings showing consistent
mineralization over 4.3-meter widths averaging 9.42 g/t Au at an 18-meter depth.
Copper Quest has a 100% interest in the Nekash Copper-Gold Project , a porphyry exploration
opportunity located in Lemhi County, Idaho, USA, along the prolific Idaho -Montana porphyry copper
belt that hosts world -class systems such as Butte and CUMO. The project is fully road -accessible via
maintained U.S. highways and forest service roads and consists of 70 unpatented federal lode claims
covering 585 hectares.
Copper Quest has a 100% interest in the road accessible Stellar Property, spanning 5,389-hectares
in British Columbia’s Bulkley Porphyry Belt contiguous to the Stars Property.
Copper Quest has a 100% interest in the Thane Project located in the Quesnel Terrane of Northern
British Columbia spanning over 20,658 hectares with 10 priority targets identified demonstrating
significant copper and precious metal mineralization potential.
Copper Quest has an earn-in option of up to 80% and joint-venture agreement on the road accessible
Rip Porphyry Copper -Molybdenum Project, spanning 4,700 -hectares located in the Bulkley
Porphyry Belt in central British Columbia.
On behalf of the Board of Copper Quest Exploration Inc.
Brian Thurston, P.Geo.
Chief Executive Officer and Director
Tel: 778-928-6565
For further information contact:
Investor Relations
Forward Looking Information
This news release contains certain “forward-looking information” and “forward-looking statements” (collectively,
“forward-looking statements”) within the meaning of applicable securities legislation. All statements, other than
statements of historical fact included herein, including without limitation, future operations and activities of
Copper Quest, are forward -looking statements. Forward -looking statements are frequently, but not always,
identified by words such as “expects”, “anticipates”, “believes”, “intends”, “estimates”, “potential”, “possible”, and
similar expressions, or statements that events, conditions, or results “will”, “may”, “could”, or “should” occur or be
achieved. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements
are made and are based upon a number of assumptions and estimates based on or related to many of these
factors. Such factors include, without limitation, risks associated with possible accidents and other risks
associated with mineral exploration operations, the risk that the Company will encounter unanticipated
geological factors, risks associated with the interpretation of exploration results, the possibility that the Company
may not be able to secure permitting and other governmental clearances necessary to carry out the Company's
exploration plans, the risk th at the Company will not be able to raise sufficient funds to carry out its business
plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the
Company's business and prospects. Readers should not place undue reliance on the forward-looking statements
and information contained in this news release concerning these items. The Company does not assume any
obligation to update the forward -looking statements of beliefs, opinions, projections, or other factors, should
they change, except as required by applicable securities laws.
The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this press release,
and does not accept responsibility for the adequacy or accuracy of this release.