Mr. Rick van Nieuwenhuyse reports

AMERICAN COPPER DEVELOPMENT CORPORATION REDUCES PROPERTY PURCHASE LIABILITIES BY $4.6M OR 90%

American Copper Development Corp. has renegotiated the terms with Waterton Nevada Splitter LLC for the purchase of the Lordsburg property. The company now has reduced its liabilities to Waterton from $5-million to $400,000 due by August, 2025. In consideration of the new terms, Waterton Nevada Splitter has been paid $625,000 and has been issued 1,564,823 shares in the company.

Rick van Nieuwenhuyse, chairman, comments: "This is a significant accomplishment for our company to be a big step closer to owning the Lordsburg district 100 per cent outright. Having drilled an exciting intercept of 44 metres at 1 per cent copper last year, we are now able to explore this district further from both surface expressions of copper/gold mineralization and at depth targeting the Resolution-type porphyry. Our porphyry target remains intact and with this copper bull market now in play, we will see renewed interest in this property from the majors. Infrastructure at Lordsburg is unparalleled with Highway I-10 within two kilometress from our property boundary and access to labour, water and power. Let's pick up our picks and rock once again!"

Details on the amendment of terms:

New terms for the property purchase are a payment of $625,000 (paid), an issuance of 1,546,823 shares (issued) in the company to Waterton Nevada Splitter, a payment of $50,000 in August, 2024, and a final payment of $350,000 in August, 2025.

For comparison purposes under the previous agreement the company was to make the following payments: $1-million in May, 2024, $1.5-million in August, 2024, and $2.5-million in August, 2025.

Qualified person

Mark Osterberg, PGeo, senior geologist/project manager for the company and a qualified person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has read and approved all technical and scientific information contained in this news release.

About American Copper Development Corp.

The company is engaged in the business of mineral exploration and the acquisition of mineral property assets. Its objective is to locate and develop economic precious and base metal properties of merit and to conduct its exploration program on the Lordsburg property.

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