Mr. Jevin Werbes reports

DISTRICT COPPER ANNOUNCES COMPLETION OF PRIVATE PLACEMENT AND GRANT OF STOCK OPTIONS

Further to its news releases dated April 23, 2025, April 30, 2025, and May 30, 2025, District Copper Corp. has now closed its private placement raising gross proceeds of $541,500 through the issuance of 10.83 million units at a price of five cents per unit. Each unit consists of one share and one transferable share purchase warrant, with each warrant being exercisable at a price of 7.5 cents for period of three years from the date of issuance.

The funds will be used for general working capital purposes and exploration on the company's 100-per-cent-owned Copper Keg project in British Columbia and potential new acquisition/option opportunities.

The company paid finders' fees of $6,400 and 128,000 finder warrants in connection with the closing of the first tranche, issued 24,000 finder warrants in connection with the closing of the second tranche, and paid finders' fees of $11,600 and issued 232,000 finder warrants in connection with the closing of the third and final tranche.

The securities issued as part of this private placement are subject to a regulatory hold period expiring on Aug. 31, 2025 (as to 3.83 million units), Oct. 1, 2025 (as to 1.8 million units), and Oct. 31, 2025 (as to 5.2 million units).

Jevin Werbes, chief executive officer and a director of the corporation, subscribed to 200,000 units for gross proceeds of $10,000 and Braden Jensen, a director and chief financial officer of the corporation, subscribed to 100,000 units for gross proceeds of $5,000. The issuance of units to Mr. Werbes and Mr. Jensen pursuant to the private placement is considered a related party transaction within the meaning of Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. The company is relying on exemptions from the formal valuation and minority shareholder approval requirements provided under sections 5.5(a) and 5.7(a) of MI 61-101 on the basis that participation in the private placement by insiders will not exceed 25 per cent of the fair market value of the company's market capitalization. The company will file a material change report in respect of the related party transactions in connection with the private placement.

Additionally, the company announces the grant of 2.9 million incentive stock options to its directors, officers, employees and/or consultants of the company. The options will be exercisable at a price of six cents per share for a period of three years.

About the Copper Keg property

Historical exploration spans from the late 1800s to 2012. The early-stage exploration is reported to consist of mining high-grade copper veins.

The property exhibits the geochemical/alteration/lithologic features typical of the argillic altered portion of a porphyry copper system at/along the potassic/propylitic contact. The property is characterized by a large, pyrite-bearing, argillic zone exposed along the surface trace of the Barnes Creek fault, a major north-northwest-trending that crosses the Guichon Creek batholith. The high-grade copper veins noted above reflect supergene enrichment of distal base metal veins typically associated with a porphyry copper system.

The project is underlain by an intrusive phase of the Guichon Creek batholith, which intrudes the surrounding Nicola group rocks.

Petrographic work and potassium/aluminum: Sodium/aluminum ratios indicate an alteration package ranging from argillic/phyllic/potassic (all alteration phases associated with porphyry copper systems) supported by alteration minerals indicative of the inner actinolite subzone of a porphyry system as well as secondary biotite (potassic alteration) and sericite (phyllic alteration), quartz veinlets with pyrite and chalcopyrite.

A large pyritic zone exhibits spatial association with the argillic altered zone and could be representative of what is commonly referred to in porphyry copper terms as the pyrite shell. Chalcopyrite, bornite and malachite (secondary copper carbonate) have been observed in outcrop and support the presence of a porphyry system.

Two highly altered gossans have been identified along the interpreted trace of the Barnes Creek fault, a major structure within the Guichon Creek batholith. The first area is 800 metres long by 200 metres wide; the second area is 600 metres south and smaller in extent. These gossans exhibit erratic copper concentrations, weak copper-silver soil anomalies and copper mineralogy typical of a leach cap.

Since the company acquired the property in 2021, it has completed mapping and prospecting, soil sampling, and ground and airborne geophysical programs. Results from this work are consistent with the presence of a leach cap to a porphyry system.

Soil sampling in 2024 encountered highly anomalous values located on the newly acquired northern claims. Of the 520 samples, eight returned values greater than 100 parts per million copper (102.0, 122.2, 126.7, 132.2, 134.8, 136.9, 269.1 and 1,517.4 parts per million copper). This area is underlain by the Guichon batholith, which hosts known copper porphyry deposits in this region, in contact with Nicola volcanics.

Qualified person

Chris M. Healey, PGeo, chief geologist and a director of District Copper, is the qualified person under National Instrument 43-101 guidelines who is responsible for the technical content of this release and approves its release.

About District Copper Corp.

District Copper is a Canadian company engaged in the exploration for porphyry copper deposits in southern-central British Columbia.

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