HI.V · 2017-03-09 12:00:00

Highland Copper Announces Increase to Previously Announced Private Placement

Financings

THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR

FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES

Longueuil, Canada, March 9 , 2017. Highland Copper Company Inc. (TSX -V: HI) (the “Company”) is

pleased to announce that it has increased the size of its previously announced non -brokered private

placement to up to 26 5,000,000 units of its securities at a price of $0.10 per unit. Each unit consists of one

common share of the Company and one half of one c ommon share purchase warrant. E ach whole warrant

will be exercisable to acquire one common share at C$0.15 for a period of 12 months from the closing date.

The Company expects to close a final tranche of the private placement by March 17, 2017 subject to receipt

of all requisite approvals, including the approval of the TSX Venture Exchange . The Company issued a

total of 49,429,091 units under the first and second tranches of the private placement that closed on

November 30, 2016 and February 22, 2017, respectively. See news releases of November 15 and December

1, 2016 and February 22, 2017 for more information.

The securities issuable under the Offering will be subject to a hold period expiring four months and one day

after the closing date. 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 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.

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. 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 statements involve certain ris ks and uncertainties that could

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

complete an additional tranche and sell the full amount of the proposed private placement. 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 Regul ation 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