VANCOUVER, British Columbia, June 11, 2026 (GLOBE NEWSWIRE) -- Coppernico Metals Inc. (TSX:COPR, OTCQB:CPPMF, FSE: 9I3)) ("Coppernico" or the "Company") is pleased to announce it has filed a listed issuer financing exemption ("LIFE") offering document (the "Offering Document") to enable it to offer, on a private placement basis, securities to raise gross proceeds of C$5,000,000 representing 14,285,714 units of the Company (the "Units") at a price of C$0.35 per Unit (the "Offering"). Each Unit will be comprised of one common share (a "Share") and one Share purchase warrant (a "Warrant") exercisable for 24 months from the closing date of the offering (the "Closing Date"), at an exercise price of C$0.50 per Share.
The net proceeds from the Offering are intended to be used to advance drill permitting and additional community agreements to support future exploration activities at the Company's Sombrero Project, and for general corporate and working capital purposes, each as detailed in the Offering Document being concurrently filed at www.sedarplus.ca.
The Units will be offered for sale in each of the provinces of Canada (other than Quebec) pursuant to the LIFE Exemption under Part 5A of National Instrument 45-106, Prospectus Exemptions, as amended by Coordinated Blanket Order 45-935, Exemptions from Certain Conditions of the Listed Issuer Financing Exemption and in other jurisdictions where permitted by applicable law. The Company has filed the Form 45-106F19 Offering Document with the securities commissions or similar regulatory authorities in each of the relevant provinces. The Offering Document can be accessed under the issuer's profile at www.sedarplus.ca and at www.coppernicometals.com. Prospective investors should read this Offering Document before making an investment decision.
As the Offering is being completed pursuant to the LIFE ...
