Highland Copper Announces Further Extension of Loan Maturity Date

Highland Copper Announces Further Extension of Loan Maturity Date

July 2, 2020 – Longueuil, Quebec. Highland Copper Company Inc. (TSXV: HI, OTCQB:

HDRSF) (the “Company”) announced today that the maturity date for the repayment of

outstanding indebtedness under its credit agreement with Greenstone Resources II LP and Osisko

Gold Royalties Ltd., of US$4,500,000 (the “Loan”), was extended to July 31, 2020. Additional

information about the Loan can be found in the Company’s press releases issued on May 21, 2019,

January 30, 2020 and June 1, 2020, each of which are available on the Company’s website at

www.highlandcopper.com and on SEDAR at www.sedar.com.

The Company is also in discussion with First Quantum Minerals Ltd. regarding the further

extension of the deadline to complete the acquisition of the White Pine North Project. A news

release will be issued in due course.

About Highland

Highland Copper Company Inc. is a Canadian 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

Tel: +1.450.677.2455

Email: [email protected]