Mr. Simon Quick reports

CANADIAN COPPER ANNOUNCES A NON-BROKERED FLOW-THROUGH OFFERING

Canadian Copper Inc. has initiated a non-brokered, flow-through share offering of up to 2,933,334 flow-through shares of the company at a price of 75 cents per flow-through share, with each flow-through share consisting of one common share of the company that qualifies as a flow-through share as defined in Section 66(15) of the Income Tax Act (Canada). The flow-through offering is for aggregate gross proceeds of up to $2.2-million.

Simon Quick, chief executive officer of Canadian Copper, stated: "This straight common share FT offering is fully subscribed and was placed with approximately 15 existing shareholders that currently already own more than 45 million common shares of Canadian Copper collectively. These existing shareholders, including Crescat Capital, will fund the entirety of the 2026 exploration program we announced last week. This raise will allow us to invest our hard dollars towards the development of Murray Brook and Caribou while also investing in our future growth in the Bathurst camp."

The purpose and use for this proposed financing are below:

• Complete approximately 2,500 metres of diamond drilling, including downhole surveys, to target the open western copper mineralization extensions of the Murray Brook deposit;
• Advance the company's understanding of the subsurface geological controls through geophysics and to assist in refining drill and regional exploration activities;
• Complete a five-month regional exploration campaign across the 18-kilometre Caribou horizon.

The proceeds of the flow-through offering will be used to incur eligible Canadian exploration expenses that qualify as flow-through critical mineral mining expenditures as both terms are defined in the Income Tax Act (Canada) related to the company's projects in New Brunswick, Canada. The company plans to incur qualifying expenditures on or before Dec. 31, 2027 (or such other period as may be permissible under applicable tax legislation), and to renounce all the qualifying expenditures in favour of the subscribers of the flow-through shares effective Dec. 31, 2026.

Closing is expected on or about Feb. 24, 2026, or such other date as the company may determine. While the flow-through offering is being effected by the company on a non-brokered basis, the company may pay finders' fees to arm's-length third parties consisting of a cash commission of up to 6 per cent of the gross proceeds of the flow-through offering. A statutory four-month-plus-one-day hold period will apply to all securities issued in connection with the flow-through offering. The flow-through offering is subject to Canadian Securities Exchange and regulatory approval.

About Canadian Copper Inc.

Canadian Copper is a Canadian-based mineral exploration company with a copper and base metals portfolio of historical resources and grassroots projects. The company is focused on the prolific Bathurst mining camp (BMC) of New Brunswick, Canada. There are currently 187,006,451 shares issued and outstanding in the company.

We seek Safe Harbor.