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HI.V ·

Highland Copper Announces Closing of a US$4.5 million Credit Facility

Financings Debt & Credit Facilities

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Highland Copper Announces Closing of a US$4.5 million Credit Facility

May 27, 2019 – Longueuil, Quebec. Highland Copper Company Inc. (TSXV: HI, OTCQB: HDRSF)

(the “Company”) is pleased to announce the closing of its previously announced US$4.5M credit

agreement entered into with Greenstone Resources II LP and Osisko Gold Royalties Ltd. Having satisfied

all conditions precedent under the credit agreement, the Company has made an initial drawdown of

US$2,750,000.

The loan, which is secured by a mortgage on the Copperwood project, bears interest at a rate of 12% per

annum and matures on February 28, 2020. Please refer to the Company’s news release dated May 21,

2019 for further details.

About Highland

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

copper projects in the Upper Peninsula of Michigan, U.S.A. More information about the Company is

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

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:

Denis Miville-Deschênes, President & CEO

David Charles, Investor relations

Tel: +1.450.677.2455

Email: [email protected]