HI.V · 2017-03-15 12:00:00

Highland announces Further Increase to Private Placement

Financings

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION

IN THE U.S.

March 15, 2017 – Longueuil, Quebec. Further to its news release of March 9, 2017, Highland Copper

Company Inc. (TSXV: HI) (the “Company”) announces that it has increased the size of its previous ly

announced private placement to up to 315,000,000 units at a price of $0.10 per unit. The Company closed a

first tranche on November 30, 2016 and a second tranche on Febr uary 22, 2017. The Company expects to

close a further tranche on March 17, 2017 and a final tranche on March 24, 2017, subject to receipt of all

requisite approvals including that of the TSX Venture Exchange.

The common shares have not been and will not be registered under the U.S. Securities Act of 1933, as

amended, and may not be offered or sold in the United States absent registration or applicable exemption

from the registration requirements. This press release does not constitute an offer to sell or the solicitation of

any offer to sell or the solicitation of an offer to buy nor shall there be any sale of the Shares in any

jurisdiction in which such offer, solicitation or sale would be unlawful. Closing is subject to receipt of

approvals of the TSX Venture Exchange and other applicable securities regulatory authorities.

ABOUT HIGHLAND

Highland Copper Company Inc. is a Canadian exploration company focused on exploring and developing

copper projects in the Upper Peninsula of Michigan, U.S.A. The Company has 208,347,574 common shares

issued and outstanding. See news releases of November 15 and December 1, 2016 and February 22 and

March 9, 2017 for additional information on the private placement. More information about the Company is

available on the Company’s website at www.highlandcopper.com and on SEDAR at www.sedar.com.

CAUTIONARY STATEMENT

This press release contains certain forward -looking statements within the meaning of applicable Canadian

securities legislation. These forward looking sta tements involve certain risks and uncertainties that could

cause actual results to differ, including, without limitation, the Company’s ability in the current markets and

its own circumstances to sell the full amount of the proposed offering previously ann ounced by the

Company. All forward looking statements in this press release are based on information available to the

Company as of the date hereof, and the Company undertakes no obligation to update forward -looking

statements except as required by law.

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

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information, please contact:

David Charles, Manager, Investor Relations

Tel: 1.450.677.2455

Website: www.highlandcopper.com `