Copper One Resources Corp. Restructures Special Warrant Offering

Vancouver, BC – August 20, 2026 – Leads & Copy – Copper One Resources Corp. has further amended the terms of its non-brokered special warrant offering, restructuring it into two classes of securities to raise up to $8 million in gross proceeds.

The offering was originally structured as a single class of up to 19,500,000 special warrants. It has now been divided into up to 15,000,000 non-flow-through special warrants priced at $0.40 each, potentially raising $6 million, and up to 5,000,000 flow-through special warrants also priced at $0.40 each, potentially raising $2 million.

Each NFT Special Warrant and FT Special Warrant will convert into one unit of the Company without additional consideration. The conversion date is as previously outlined in earlier news releases. Each FT Special Warrant is intended to qualify as a “flow-through share” under Canadian tax law.

Each unit will consist of one common share issued on a non-flow-through basis and one-half of a common share purchase warrant. The exercise price for these warrants is $0.50, with a two-year term from closing. Other terms, including acceleration provisions, a ten percent blocker provision, finder's fee arrangements, and the use of proceeds, remain unchanged.

The special warrants are expected to be issued under exemptions from prospectus requirements in Canada, including those for accredited investors or minimum investments of $150,000, pursuant to National Instrument 45-106 – Prospectus Exemptions. Securities issued will be subject to a four-month hold period from the closing date, in addition to other legal restrictions.

The securities offered have not been registered under the United States Securities Act of 1933 and cannot be offered or sold within 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 securities in any jurisdiction where such activity would be unlawful.

Copper One Resources Corp. is actively engaged in identifying, acquiring, and advancing copper, copper-silver-gold, and copper-molybdenum projects across North America. The Company aims to supply critical metals essential for electrification, artificial intelligence infrastructure, data centers, renewable energy, defence applications, and power system modernization.

The Company's primary asset is the Majuba Hill Copper-Silver-Gold District in Nevada, an exploration-stage porphyry copper project. Additionally, Copper One holds the Redonda Copper-Molybdenum Project in British Columbia, featuring a porphyry-style copper-molybdenum system. The Company also has an option to acquire an interest in the Redhill Property in British Columbia, which hosts volcanogenic massive sulphide mineralization prospective for copper, zinc, silver, and gold, as well as epithermal gold potential.

Furthermore, Copper One owns the Sport Project in Utah, a second U.S. copper exploration project situated in the historic San Francisco Mining District. This project is prospective for breccia- and intrusive-related copper-gold-silver mineralization and benefits from existing infrastructure and access.

Copper One is advancing its four copper-focused exploration projects through systematic exploration, modern geological modelling, and technical evaluation, with a commitment to responsible exploration practices and shareholder value creation. Stakeholders are encouraged to follow the Company on LinkedIn and X.com, and subscribe for updates at https://copperone.com/.

Source: Copper One Resources Corp.