Vancouver, British Columbia -November 9, 2022 -Copper Mountain Mining Corporation 8% senior securedUSD 250,000,000 bonds 2021/2026 with ISIN NO0010968415 (the "Bond Issue"). The Issuer has previously announced that it has entered into a definitive agreement withHarmony Gold (Australia) Pty Limited , as buyer, andHarmony Gold Mining Company Limited , as guarantor, to sell theEVA Project and its 2,100 km2 exploration land package inQueensland, Australia (the "Transaction"). The Transaction is to be completed through the transfer of all the issued shares in the capital ofCopper Mountain Mining Australia Pty Ltd from the Issuer to the buyer, with the result that the buyer will acquire the EVA Subsidiaries and certain other Group Companies organized inAustralia . The Issuer has requested the Bond Trustee to summon a Bondholders' Meeting in the Bond Issue to propose that the Bondholders resolve to, inter alia, consent to the completion by the Issuer of the Transaction, approve the amendments to the bond terms between the Issuer and the Bond Trustee dated8 April 2021 (as amended, the "Bond Terms"), and authorize the release and return of guarantees and security relevant to the Transaction, all as required to give effect to the Transaction. All capitalised terms used, but not defined herein, shall have the same meaning assigned to them in the Bond Terms. Please find enclosed a copy of the summons to the Bondholders' Meeting for further details.
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