14:08:40 EST Thu 29 Jan 2026
Enter Symbol
or Name
USA
CA



Copper Road Resources Inc
Symbol CRD
Shares Issued 89,797,153
Close 2026-01-28 C$ 0.07
Market Cap C$ 6,285,801
Recent Sedar+ Documents

Copper Road reviews Ben Nevis project option terms

2026-01-29 11:40 ET - News Release

Mr. Brian Howlett reports

COPPER ROAD PROVIDES CORPORATE UPDATE

Copper Road Resources Inc. has provided a corporate update on its recent activities.

As previously announced on Dec. 8, 2025, the company has entered into four separate option agreements to acquire options to earn a 100-per-cent interest in 174 mining cell claims and 13 patented mining claims covering an area of approximately 10,232 hectares, located in Northeastern Ontario (the Ben Nevis project). The company has made initial aggregate milestone payments of $37,500 and 2.25 million common shares in connection with the acquisition of the Ben Nevis project with the payments shown in the attached table remaining.

The company expects to finance exploration on the Ben Nevis project with the proceeds from its recently completed financing whereby the company issued an aggregate total of 8,747,500 common share units and 16,033,333 flow-through units for aggregate gross proceeds of approximately $1,084,900. The press release of the company dated Dec. 31, 2025, disclosed the issuance of 3,380,889 flow-through units where such number should have been 3,380,886 flow-through units.

Additionally, the press release of the company dated Dec. 8, 2025, announced the grant of one million stock options to consultants expiring five years from the date of grant. The correct number of stock options granted to consultants on Dec. 8, 2025, was two million options with each stock option exercisable for a common share of the company at an exercise price of five cents per common share for a two-year term. Half of the stock options have vested with the vesting of the other half of the stock options subject to the company reaching certain exploration milestones. The consultants engaged by the company will not be performing investor relation activities (as such term is defined in the policies of the TSX Venture Exchange) and the company confirms that as of the date of this news release it has not engaged any consultants to perform investor relation activities on its behalf. Any and all prior agreements entered into by the company in respect of investor relations activities have been terminated and are no longer in effect.

We seek Safe Harbor.

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