Copper One Resources Corp. Raises Over $7.9 Million in Private Placement

VANCOUVER, BC — September 29, 2026 — Leads & Copy — Copper One Resources Corp. has successfully closed a non-brokered private placement, raising aggregate gross proceeds of $7,955,900. The offering consisted of 12,383,000 non-flow-through special warrants at $0.40 per warrant and 7,506,750 flow-through special warrants, also at $0.40 per warrant.

Each special warrant will automatically convert, without additional consideration, into one unit of the Company. This conversion will occur on the earlier of three business days after the company files a prospectus supplement to a short form base shelf prospectus, or four months and one day after the closing of the offering. Each unit will comprise one common share of Copper One, issued on a non-flow-through basis, and one-half of a common share purchase warrant. These warrants will be exercisable at $0.50 per share for a period of two years from the closing date. The warrants are subject to acceleration, potentially expiring 30 days after notice if the shares trade at or above $1.25 for five consecutive trading days. A 10 percent blocker provision is in place, preventing exercise if it would result in a holder controlling 10 percent or more of the company's outstanding shares.

In connection with the private placement, Copper One paid finder's fees totaling $403,072 and issued 1,007,680 non-transferable broker warrants to arm’s-length parties. Each broker warrant allows the holder to purchase one common share at an exercise price of $0.50 for two years from the closing.

The company plans to utilize the proceeds from the offering for general working capital and its ongoing exploration programs. The offering is contingent upon receiving all necessary final regulatory approvals, including the final approval from the Canadian Securities Exchange (CSE).

The special warrants are expected to be issued under exemptions from prospectus requirements in Canada, such as the accredited investor exemption or the $150,000 minimum investment exemption under National Instrument 45-106. Prior to the filing of the prospectus supplement and the automatic conversion of the special warrants, securities issued in the offering will be subject to a four-month hold period. The special warrants themselves are also subject to a statutory hold period of four months plus one day from the date of issuance.

Securities issued under this offering have not been registered under the United States Securities Act of 1933 and may not be offered or sold in the United States or to U.S. persons without registration or an applicable exemption. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States or any other jurisdiction where such offer, solicitation, or sale would be unlawful.

Neither the Canadian Securities Exchange nor its Market Regulator assumes responsibility for the accuracy or adequacy of this release. The Company intends to use the proceeds raised from the Offering for general working capital and the Company’s exploration programs.