Highland Copper Announces Extension of White Pine Acquisition Closing

Highland Copper Announces Extension of White Pine Acquisition Closing

March 2, 2017 – Longueuil, Quebec. Highland Copper Company Inc. (TSXV: HI) ( the “Company”)

announces that Copper Range Company (“CRC”) , a wholly -owned subsidiary of First Quantum

Minerals Ltd., and the Company have agreed to extend the period to complete the acquisition of the

White Pine project to June 30, 2017. The final closing of the acquisition is subject to releasing CRC

from certain environmental obligations associated with the remediation and closure plan of the

historical White Pine mine site in a manner that is acceptable to all parties involved, including

applicable governmental authorities, and replacing the related environmental bond posted by CRC.

Updated website now available

The Company also announces that it has launch ed a new and completely redesigned website which can

be seen at www.highlandcopper.com.

About Highland

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

developing copper projects i n the Upper Peninsula of Michigan, U.S.A . More information about the

Company is available on the Company’s w ebsite 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 statements involve certain risks and

uncertainties, including, without limitation, being unable to meet the final closing conditions of the

acquisition of the White Pine Project on terms acceptable to the Company, CRC and the Michigan

Department of Environmental Quality for the transfer of environmental obligations, 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:

Denis Miville-Deschênes, President & CEO

David Charles, Investor relations

Tel: +1.450.677.2455

Email: [email protected]