CORRECTION FROM SOURCE: Gunnison Copper Announces Closing of the Listed Issuer Financing Exemption (LIFE) Private Placement for Gross Proceeds of C$8.662 Million

Core Viewpoint - Gunnison Copper Corp. has successfully closed a non-brokered private placement, raising gross proceeds of C$8.662 million through the sale of 28,874,100 units at a price of C$0.30 per unit [1][2]. Financing Details - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of one common share at C$0.45 until July 18, 2028 [2]. - The offering was conducted under the listed issuer financing exemption, allowing immediate tradeability of the securities in Canada [4]. Use of Proceeds - The net proceeds will fund additional work related to the High Value Add Work Program at the Gunnison Copper Project, initiate long lead time drilling and metallurgical testing for a pre-feasibility study, and cover general and administrative expenses for the U.S. head office for an additional 12 months [3]. Finder's Compensation - Red Cloud Securities Inc. received a cash commission of C$512,875.80 and was issued 1,709,586 non-transferable warrants, each allowing the purchase of one common share at C$0.45 until July 18, 2028 [5]. Company Overview - Gunnison Copper Corp. is a multi-asset copper developer and producer, controlling the Cochise Mining District in Southern Arizona, which contains 12 known deposits within an 8 km radius [7]. - The flagship Gunnison Copper Project has a measured and indicated mineral resource of over 831 million tons with a total copper grade of 0.31%, and a preliminary economic assessment indicates a net present value (NPV) of $1.3 billion and an internal rate of return (IRR) of 20.9% [10]. Additional Assets - The Johnson Camp Asset, under construction, is expected to produce its first copper in Q3 2025, with a capacity of up to 25 million pounds of finished copper cathode annually, fully funded by Nuton LLC, a Rio Tinto Venture [12].