District Copper Announces Amendment to Warrants

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Suite 200, 20644 Eastleigh Crescent, Langley, BC, V3A 4C4 Canada

Telephone: (604) 363-3506

www.districtcoppercorp.com

NEWS RELEASE

DISTRICT COPPER ANNOUNCES AMENDMENT TO WARRANTS

Vancouver, B.C. – October 2 7, 2022 – District Copper Corp. (“District Copper”, “District”, or the

“Company”) (TSX-Venture: DCOP) announces that, in light of the current state of capital markets, it has

agreed to amend the exercise price of its outstanding 3,000,000 warrants from $0.15 to $0.10. In

accordance with the policies of the TSX Venture Exchange, the amended warrants will contain a n

acceleration provision such that the expiration date and exercise period of the amended warrants will be

reduced from November 22, 2023 , to a day that is the 30 th day following the seventh (7th) calendar day

after the first ten (10) consecutive trading days on or before November 22, 2023, that the closing price of

the Company’s shares exceeds $0.125 per share.

The amendment to the warrant price is subject to TSX Venture Exchange approval.

About District Copper

District Copper is a Canadian company engaged in the exploration for porphyry copper deposits in south-

central British Columbia.

For further information, please visit www.districtcoppercorp.com to view the Company’s profile or contact

Jevin Werbes at 604-363-3506.

Jevin Werbes, President & CEO

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

policies of the TSX Venture Exchange) accepts r esponsibility for the adequacy or a ccuracy of this

release.