Copperbank Resources Announces Private Placement

CSE: CBK FSE: 9CP OTC: CPPKF

FOR IMMEDIATE RELEASE May 11, 2017

(CBK 2017 – NR #6)

COPPERBANK RESOURCES ANNOUNCES PRIVATE PLACEMENT

Vancouver, B.C., Canada – May 11, 2017 – CopperBank Resources Corp. (“CopperBank”) (CSE:

CBK) is pleased to announce that the Company plans to issue up to 17,500,000 common shares

at a price of $0.08 per share by way of private placement. An additional 5,000,000 common

shares will be issued to Gianni Kovacevic, Executive Chairman of the Company in order to

extinguish a $400,000 loan to the Company by Mr. Kovacevic (see NR# 02 dated February 24,

2017).

The private placement is subject to the approval of the Canadian Securities Exchange and the

securities will be subject to a four month and one day hold period under securities laws.

The Company intends to use the net proceeds from the private placement for 2017 work

programs on its Alaska portfolio of projects and for general working capital and corporate

purposes.

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 statements under applicable securities laws and necessarily

involve risks associated with regulatory approvals and timelines. Although CopperBank believes the expectations expressed in

such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future

performance and actual results or developments may differ materially from those in the forward-looking statements. For more

information on each of CopperBank and the risks and challenges of its businesses, investors should review the information circular

dated September 12, 2014 and its other continuous disclosure filings that are available under CopperBank’s profile at

www.sedar.com.