Mr. Zachary Dymala-Dolesky reports
SUPER COPPER ANNOUNCES BROKERED LIFE FINANCING OF $2 MILLION
Super Copper Corp. has arranged a brokered private placement for aggregate gross proceeds of up to $2-million, consisting of up to 2,666,666 units of the company at a price of 75 cents per unit. The offering will be conducted on a best effort basis by AGP Canada Investments ULC, acting as lead agent and sole bookrunner, and Baader Bank AG for the offering.
Each unit will consist of one common share in the capital of the company and one share purchase warrant. Each warrant will entitle the holder to acquire one additional share at a price of $1.15 for a period of 36 months from the closing of the offering.
The units will be offered by way of the listed issuer financing exemption under Part 5A of National Instrument 45-106 (Prospectus Exemptions) as amended by Coordinated Blanket Order 45-935 (Exemptions from Certain Conditions of the Listed Issuer Financing Exemption), in the provinces of Alberta, British Columbia and Ontario. Pursuant to NI 45-106 and the order, the units issued to Canadian residents under the offering will not be subject to resale restrictions. The company is relying on the exemptions in Part 5A of NI 45-106 and the order, and is qualified to distribute securities in reliance on the exemptions included therein.
In connection with the offering, the agents will receive a cash commission equal to 6.0 per cent of the gross proceeds of the offering, and the company will issue to the agents non-transferable warrants, representing 6.0 per cent of the aggregate number of units sold pursuant to the offering. Each broker warrant will entitle the holder to purchase one share of the company at a price of $1.15 for a period of 36 months from the closing of the offering.
The company intends to use the net proceeds raised from the offering to advance its two Chilean copper projects (Cordillera Cobre and Castilla) toward drill-ready status, complete property-wide magnetics and an induced polarization survey at its Castilla project to map iron oxide copper/gold ore targets and sulphide concentrations at depth, and complete a maiden drilling program at Cordillera Cobre, and for general and administrative expenditures, including engaging additional continuing marketing and investor relations services.
The offering is expected to close on or about March 5, 2026, or such other date that is within 45 days from the date of this news release, as the company and the agents may determine. The offering remains subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, and compliance with the policies of the Canadian Securities Exchange.
There is an offering document related to the offering that will be made available under the company's profile on SEDAR+. The offering document will also be made available on the company's website. Prospective investors should read this offering document before making an investment decision.
About Super Copper Corp.
Super Copper is a mining exploration company focused on acquiring, advancing and consolidating global copper assets from early discovery through late-stage development. The company is currently advancing its copper projects in Atacama, Chile, a region with world-class infrastructure and the presence of global majors. By operating a single, integrated technical team and a milestone-driven acquisition strategy, Super Copper aims to build a portfolio of scalable projects capable of supplying the world's accelerating demand for copper.
We seek Safe Harbor.
© 2026 Canjex Publishing Ltd. All rights reserved.