Mr. Enrico Gay reports

ALGO GRANDE COPPER ANNOUNCES $5 MILLION NON-BROKERED PRIVATE PLACEMENT FOR PHASE II DRILLING

Algo Grande Copper Corp. is conducting a non-brokered private placement of up to 7,692,308 common shares in the capital of the company at a price of 65 cents per share, for gross proceeds of up to $5-million.

Canaccord Genuity Corp. is acting as financial adviser to the company in connection with the offering. The company shall pay Canaccord a corporate finance fee of $50,000 upon completion of the offering. The corporate finance fee may be settled through the issuance of shares at a deemed price of 65 cents per share.

The company intends to use the net proceeds from the offering to finance exploration activities at the Adelita project, including a phase II drill program, and for general working capital purposes. Phase I drilling at the Cerro Grande skarn intersected multiple stacked Cu-Au-Ag (copper-gold-silver) skarn horizons at depth, including skarn zones that had not been identified by historic drilling. The upcoming program will target expansion drilling at Cerro Grande and along an approximately six-kilometre prospective limestone corridor hosting multiple undrilled, outcropping skarn targets.

In connection with the offering, the company may pay certain eligible finders a cash commission equal to 7 per cent of the aggregate gross proceeds raised from those purchasers introduced by such finders and issue that number of common share purchase warrants equal to 7 per cent of the number of shares purchased by those purchasers introduced by such finders. Each finder's warrant will entitle the holder thereof to acquire a share at an exercise price of 65 cents per finder's warrant share for a period of 36 months from the date of issuance.

Securities issued in the offering will be subject to a four-month hold period in accordance with applicable securities laws, which will expire four months and one day from the date of closing of the offering. The offering is not subject to a minimum aggregate number of subscriptions. The offering is subject to certain conditions, including, but not limited to, receipt of all necessary approvals, including approval of the TSX Venture Exchange.

The company expects that certain insiders of the company may participate in the offering. The participation of insiders may constitute a related party transaction within the meaning of Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. The company intends to rely on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101.

About Algo Grande Copper Corp.

Algo Grande Copper is a growth-focused mineral exploration company advancing the Adelita project, a district-scale, multisystem copper-gold-silver opportunity positioned in the prolific Arizona-Sonora copper belt.

The company is dedicated to unlocking the full potential of this underexplored corridor through disciplined data-driven exploration, technical excellence and a firm commitment to value creation for shareholders. The 5,895-hectare Adelita project is anchored by the high-grade Cerro Grande Cu-Au-Ag skarn discovery, which exhibits strong continuity along a defined corridor extending over six kilometres. Reprocessing of legacy geophysical data and field mapping indicate the presence of a potential porphyry system at depth, suggesting a classic skarn-porphyry mineralization model similar to major deposits found throughout northwestern Mexico.

We seek Safe Harbor.