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CopperBank Adds Strategic Advisors

Corporate Updates

CSE: CBK FSE: 9CP OTC: CPPKF

FOR IMMEDIATE RELEASE January 23, 2017

(CBK 2017 – NR #01)

CopperBank Adds Strategic Advisors

Vancouver, Canada – January 23, 2017 – CopperBank Resources Corp. (“CopperBank” or the

“Company”) (CSE:CBK) is pleased to update investors and shareholders that strategic technical

advisors have been added to the company’s group. Geologist Thomas Ullrich and mining engi-

neer Dr. William Willoughby will be joining the company’s technical advisory team. Gianni Ko-

vacevic comments, “We are proud to have such a distinguished group of technical advisors to

complement our business model and world-class portfolio of copper projects. Both gentlemen are

very familiar with our projects as they respectively served important roles in the previous work

programs that occurred at our Pyramid copper deposit and Contact copper oxide project. Tom

oversaw the final two passes of drilling that occurred at Pyramid between 2010 and 2012 so he

is well versed in offering advice on future drill programs to potentially increase the current inferred

resource. As for Contact, Dr. Willoughby was the project lead from early resource drilling through

the important metallurgical and engineering work that established the 2013 pre-feasibility study.

As we move into 2017 and beyond, the continuity that they provide is invaluable to our group and

stakeholders.” Investors are encouraged to view the presentation on the company’s website at

www.copperbankcorp.com.

Thomas Ullrich has over 20 years of experience in mineral exploration and geoscience. He is

currently CEO of Aston Bay Holdings Ltd., where he is exploring for sediment hosted copper and

zinc in the Canadian Arctic. He was Chief Geologist North America for Antofagasta Minerals plc

for five years, investigating the region’s copper potential through extensive property evaluations

and management of drill programs in Alaska and Canada. Prior to Antofagasta, he was Senior

Geologist for Almaden Minerals, where he managed the drill program for the team’s discovery of

the Ixtaca Ag-Au deposit in Mexico. Mr. Ullrich also established the Ar-Ar geochronology lab at

the University of British Columbia and studied the Candelaria Cu-Au mine, Chile, while at Queen’s

University. Mr. Ullrich is an Elected Director on the Board of the Association for Mineral Explora-

tion BC.

Dr. Willoughby is a Professional Engineer with 36 years of experience in the mining industry. He

was formerly President and COO of Enexco, and, prior to that, worked 18 years in various capac-

ities for Teck and Cominco. He is currently owner of Willoughby & Associates, PLLC, an Idaho

registered engineering firm, a Registered Member of SME, an advisor to several junior compa-

nies, and a director of Vista Minerals Pty, Ltd. He brings to CopperBank extensive knowledge and

experience in mineral evaluations and technical studies on copper projects and other commodi-

ties.

About CopperBank

CopperBank was created by a group of well respected investors, geologists and engineers to

consolidate world-class copper properties and offer a unique “pounds in the ground” copper in-

vestment vehicle. CopperBank’s strategy is to accretively advance its portfolio while managing

the core business like owner operators and vehemently protecting shareholders value offering on

a per share basis. Due to the company’s low overhead model and established suite of projects,

CopperBank has one of the lowest G&A operating budgets of any publicly listed company in Can-

ada. The management of CopperBank have demonstrated intensive insider buying distinguishing

the brand as one of the most insider supported companies in North America.

On behalf of CopperBank Resources Corp.

“Gianni Kovacevic”

Executive Chairman

Address: Suite 1500, 409 Granville Street, Vancouver, BC V6C 1T2

Tel: 604-889-0852

E-mail: [email protected]

Website: www.copperbankcorp.com

Certain information in this release may constitute “forward-looking information” under applicable securities laws and

necessarily involve risks and uncertainties. Forward-looking information included herein is made as of the date of this

news release and CopperBank does not intend, and does not assume any obligation, to update forward-looking infor-

mation unless required by applicable securities laws. Forward-looking information relates to future events or future

performance and reflects management of CopperBank’s expectations or beliefs regarding future events. In certain

cases, forward-looking information can be identified by the use of words such as “plans”, or “believes”, or variations of

such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be

taken”, “occur” or “be achieved” or the negative of these terms or comparable terminology. Examples of forward-looking

information in this news release include, but are not limited to, statements with respect to the Company’s ongoing

review of its existing portfolio, the involvement of CopperBank in any potential divestiture, spin-out, partnership or other

transactions involving the Company’s portfolio assets, and the ability of the Company to complete any such transac-

tions, the ability of CopperBank to enter into transactions that will ultimately enhance shareholder value, and the antic-

ipated issuance of one million shares in connection with the satisfaction of certain loans between CopperBank and

management. This forward-looking information is based, in part, on assumptions and factors that may change or prove

to be incorrect, thus causing actual results, performance or achievements to be materially different from those ex-

pressed or implied by forward-looking information. Such factors and assumptions include, but are not limited to the

Company’s ability to identify and complete one or more transactions involving the Company’s portfolio assets that

enhance shareholder value as part of management’s ongoing review of strategic alternatives in the current market

conditions. By its very nature, forward-looking information involves known and unknown risks, uncertainties and other

factors which may cause the actual results, performance or achievements to be materially different from any future

results, performance or achievements expressed or implied by forward-looking information. Such factors include, but

are not limited to, the risk that the Company will not be able to identify and complete one or more transactions involving

the Company’s portfolio assets that enhance shareholder value as part of management’s ongoing review of strategic

alternatives in the current market conditions. Although CopperBank has attempted to identify important factors that

could cause actual actions, events or results to differ materially from forward-looking information, there may be other

factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance

that forward-looking information will prove to be accurate, as actual results and future events could differ materially

from those anticipated by such forward-looking information. Accordingly, readers should not place undue reliance on

forward-looking information. For more information on CopperBank and the risks and challenges of its businesses, in-

vestors should review the continuous disclosure filings that are available under CopperBank’s profile at

www.sedar.com.