Coppernico Metals Inc. announced a non-brokered private placement of up to 10,000,000 units of the company at a price of CAD 0.15 per unit for the gross proceeds of CAD 1,500,000 on September 28, 2023. Each Unit consists of one common share of the company and one full common share purchase warrant. Each warrant shall entitle the holder thereof to purchase one common share of the company at a price of CAD 0.30 at any time on or before the date which is 24 months after the closing date of the offering.

The warrant is subject to an accelerated expiry on 10 trading days? notice if the common shares trade above CAD 0.50 for 10 consecutive trading days any time after the first 12 months of trading of the company?s common shares, if and when the company is listed on a recognized stock exchange. The securities will be offered exempt from prospectus and registration requirements and will be targeted to accredited investors and institutions.

All securities are subject to a 4-month resale restricted period in Canada.