Mr. Brian Howlett reports

COPPER ROAD ANNOUNCES UPSIZED FINANCING

Due to additional investor demand, Copper Road Resources Inc. is increasing the offering size of its non-brokered private placement as previously announced on Dec. 19, 2025. The upsized offering will consist of the sale of up to: (i) 8,747,500 common share units in the capital of the company at a price of 3.5 cents per unit for gross proceeds of up to $349,900; (ii) 13,333,333 flow-through units of the company at a price of 4.5 cents per FT unit for gross proceeds of up $600,000; and (iii) 2.7 million FT units at a price of five cents per FT unit for gross proceeds of up $135,000.

Each unit consists of one common share of the company and one common share purchase warrant. Each FT unit consists of one common share and one warrant of the company each to be issued as a flow-through share within the meaning of Subsection 66(15) of the Income Tax Act (Canada). Each warrant shall entitle the holder to purchase one common share of the company at a price of five cents at any time on or before that date which is 18 months after the date of issuance.

The gross proceeds from the sale of FT units will be used to incur eligible Canadian exploration expenses that qualify as flow-through critical mineral mining expenditures as both terms are defined in Income Tax Act (Canada). All qualifying expenditures will be renounced in favour of the subscribers of the FT units, effective Dec. 31, 2025. More specifically, it is anticipated that the proceeds from the sale of FT units will be used for exploration of the Ben Nevis project or on the company's other Ontario properties.

The proceeds from the sale of units will be for property payments on the Ben Nevis project as well as for general working capital.

The company may pay finders' fees to eligible finders in connection with the offering. Certain insiders of Copper Road may participate in the offering, which would constitute a related-party transaction as such term is defined in Multilateral Instrument 61-101 (Protection of Minority Shareholders in Special Transactions). The company intends to rely on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 as the fair market value of the acquired securities by such insiders will not exceed 25 per cent of the market capitalization of the company, as determined in accordance with MI 61-101.

All of the securities issued and issuable in connection with the offering will be subject to a hold period expiring four months and one day after the date of issuance of the securities. Completion of the offering is subject to the receipt of all required regulatory approvals, including the approval of the TSX Venture Exchange.

The first tranche of the offering consisting of the issuance of 2,435,000 units and 9,952,447 FT units for aggregate gross proceeds of $545,260 closed on Dec. 24, 2025. The final tranche of the offering is anticipated to close by Dec. 31, 2025.

We seek Safe Harbor.