Mr. George Ogilvie reports

ARIZONA SONORAN ANNOUNCES FILING OF FINAL SHORT FORM PROSPECTUS IN CONNECTION WITH C$30,000,000 BOUGHT DEAL FINANCING

Arizona Sonoran Copper Company Inc. has filed and been receipted for a final short form prospectus in connection with its bought deal offering of 20.7 million common shares in the capital of the company at a price of $1.45 per common share for gross proceeds to the company of $30,015,000, as further described in the press releases of the company dated Sept. 24, 2024, and Sept. 27, 2024. Pursuant to the offering, the company also granted the underwriters an overallotment option to purchase at the issue price up to an additional 15 per cent of the common shares issued in connection with the offering, which option is exercisable, in whole or in part, by the underwriters at any time until and including 30 days after the closing of the offering.

In connection with the offering, the company has entered into an underwriting agreement with Raymond James Ltd. and Paradigm Capital Inc., as co-lead underwriters and joint bookrunners, together with a syndicate of underwriters including Canaccord Genuity Corp., Eight Capital, Haywood Securities Inc., Stifel Nicolaus Canada Inc., Scotia Capital Inc. and TD Securities Inc.

Delivery of the prospectus and any amendment will be satisfied in accordance with the access equals delivery provisions of applicable securities legislation. The prospectus is accessible on SEDAR+ under the company's issuer profile.

An electronic or paper copy of the prospectus and any amendment may be obtained, without charge, from Raymond James by e-mail at ECM-Syndication@raymondjames.ca by providing Raymond James with an e-mail address or address, as applicable. The prospectus contains important, detailed information about the company and the offering. Prospective investors should read the prospectus before making an investment decision.

The offering is subject to certain conditions, including, but not limited to, the approval of the Toronto Stock Exchange.

About Arizona Sonoran Copper Company Inc.

Arizona Sonoran's objective is to become a mid-tier copper producer with low operating costs and to develop the Cactus and Parks/Salyer projects that could generate robust returns for investors and provide a long-term sustainable and responsible operation for the community and all stakeholders. The company's principal asset is a 100-per-cent interest in the Cactus project (former Asarco Sacaton mine), which is situated on private land in an infrastructure-rich area of Arizona. Contiguous to the Cactus project is the company's 100-per-cent-owned Parks/Salyer deposit that could allow for a phased expansion of the Cactus mine once it becomes a producing asset. The company is led by an executive management team and board, which have a long-standing record of successful project delivery in North America, complemented by global capital market expertise.

We seek Safe Harbor.