Mr. Andrew Neale reports

COPAUR MINERALS ANNOUNCES EQUITY FINANCING UP TO $3,000,000

Copaur Minerals Inc. has negotiated a private placement for gross proceeds of up to $3-million, subject to acceptance by the TSX Venture Exchange.

These funds will be raised by the company issuing up to 25 million units at a price of 12 cents per unit, each unit consisting of one common share and one-half share purchase warrant, each whole warrant entitling the holder thereof to purchase one additional common share, exercisable for a period of two years from the date of issuance at a price of 24 cents per share.

The warrants will be subject to an expiry acceleration provision that, if, over a period of 10 consecutive trading dates, commencing four months from the date of issuance, the share price exceeds 30 cents, then the company may give notice in writing within 30 days of such occurrence to the holders that the warrants shall expire at an accelerated expiry time unless previously exercised by the holder.

Proceeds raised will be used toward expenditures required to advance the permitting of the Kinsley Mountain gold property in Nevada, securing the necessary permits to commence preliminary exploration work on the Troy Canyon property, also in Nevada, and general working capital purposes.

The company may pay finders' fees in connection with the private placement in accordance with the rules and policies of the TSX-V. Insiders may participate in this private placement. All securities issued will be subject to a four-month hold period in accordance with applicable securities laws.

Kinsley hosts current mineral resources of 742,000 indicated ounces at 1.11 grams per tonne gold and 69,000 inferred ounces at 1.98 g/t gold, including 384,000 indicated ounces at 5.32 g/t Au within the high-grade Secret Canyon zone, as reported in the recently filed National Instrument 43-101-compliant preliminary economic assessment.

About Copaur Minerals Inc.

Copaur is a mine development company backed by an experienced team of resource professionals focused on advancing its flagship Kinsley Mountain gold project, a Carlin-style sedimentary gold system located approximately 80 kilometres south of West Wendover, Nev.

Qualified person

The scientific and technical information contained in this news release has been reviewed and approved by Kristopher J. Raffle, PGeo (British Columbia), principal and consultant of Apex Geoscience Ltd. of Edmonton, Alta., qualified person as defined in National Instrument 43-101 (Standards of Disclosure for Mineral Projects).

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