File: '\\swfile\EmailIn\20251110 170909 Attachment Cascadero - News Release for Early Warning Report (Lorne Harder) - Fall 2025.docx'

2

LEGAL_48045524.2

LEGAL_48045524.2

LORNE HARDER

c/o 395-901 West Third Street, North Vancouver, British Columbia V7P 3P9

PRESS RELEASE

LORNE HARDER ACQUIRES ADDITIONAL 10.7% IN CASCADERO COPPER CORPORATION

November 10, 2025 - Lorne Harder, of c/o 395-901 West Third Street, North Vancouver, British Columbia, has filed an early warning report dated November 10, 2025, disclosing his recent acquisition of common shares (each, a "Common Share") in the capital of Cascadero Copper Corporation (the "Issuer") (TSX.V: CCD). This acquisition transaction did not take place in the market. The acquisition was made by Lorne Harder through his wholly-owned company, Harder Investments Ltd. ("Harder Investments").

On November 7, 2025, Harder Investments acquired an aggregate of 32,121,045 Common Shares from InCoR Holdings Limited ("InCoR") pursuant to the Court Order Enforcement Act (British Columbia) as partial satisfaction of a judgment (the "Seizure") obtained by the acquiror, Springhill Investments Ltd. and Harder Investments (collectively, the "Harder Parties") against InCoR and certain of its related parties (the "InCoR Parties").

The Seizure increased the acquiror's direct and indirect shareholdings in the Issuer to 76,621,737 Common Shares, increasing the acquiror's ownership percentage in the issued and outstanding Common Shares by 10.70% (calculated on a non-diluted basis) such that the acquiror's shareholding percentage of the issued and outstanding Common Shares is 25.53% (calculated on a non-diluted basis). Mr. Harder's acquisition of these securities triggered the requirement to file an early warning report (the "Early Warning Report").

Before the Seizure, the acquiror, including Common Shares held through Harder Investments, Springhill Investments Ltd. ("Springhill") and the acquiror's spouse (collectively, the "Harder Parties"), held 44,500,692 Common Shares, warrants to purchase 9,663,482 Common Shares at an exercise price of $0.05 per Common Share expiring on January 17, 2025, and options to purchase 2,500,000 Common Shares at an exercise price of $0.05 per Common Share expiring on February 18, 2026, representing 14.83% of the issued and outstanding Common Shares on a non-diluted basis and 18.14% of the issued and outstanding Common Shares on a partially diluted basis.

After the Seizure, the acquiror, including Common Shares held through Harder Investments, Springhill and the acquiror's spouse, holds 76,621,737 Common Shares, warrants to purchase 9,663,482 Common Shares at an exercise price of $0.05 per Common Share expiring on January 17, 2025, and options to purchase 2,500,000 Common Shares at an exercise price of $0.05 per Common Share expiring on February 18, 2026, representing 25.53% of the issued and outstanding Common Shares on a non-diluted basis and 28.43% of the issued and outstanding Common Shares on a partially diluted basis.

The Common Shares were acquired under the Court Order Enforcement Act (British Columbia) as partial satisfaction of a judgment obtained by the Harder Parties against the InCoR Parties. Mr. Harder reserves the right to formulate other plans or make other proposals and take such actions with respect to its investment holding as it may determine in its sole discretion.

In connection with the Seizure, the acquiror expects that the Harder Parties may acquire up to, approximately, an additional 28,478,614 Common Shares in the aggregate from the InCoR Parties.

Additionally, the early warning report of the acquiror dated January 24, 2022, disclosed that InCoR may be considered a joint actor of the acquiror. InCoR is no longer considered a joint actor of the acquiror.

This press release is issued pursuant to National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, which also requires the Early Warning Report to be filed and to contain additional information with respect to the foregoing matters. A copy of the Early Warning Report will appear with the Issuer's documents on the SEDAR+ website at www.sedarplus.ca. A copy of the Early Warning Report may also be obtained by contacting George Gale at 604-985-3327.

Neither TSX Venture Exchange nor its Regulation 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.