Copper Road Announces Upsized Financing

Core Viewpoint - Copper Road Resources Inc. is increasing the size of its non-brokered private placement offering due to additional investor demand, aiming to raise a total of up to $1,084,900 through the sale of common share units and flow-through units [1][3]. Group 1: Offering Details - The upsized offering will consist of: - Up to 8,747,500 common share units at $0.035 per unit for gross proceeds of up to $349,900 - 13,333,333 flow-through units at $0.045 per unit for gross proceeds of up to $600,000 - 2,700,000 flow-through units at $0.05 per unit for gross proceeds of up to $135,000 [1] - Each common share unit consists of one common share and one common share purchase warrant, while each flow-through unit consists of one common share and one warrant, with the warrant allowing purchase of one common share at $0.05 within 18 months of issuance [2]. Group 2: Use of Proceeds - Proceeds from the sale of flow-through units will be allocated to eligible Canadian exploration expenses, specifically for the exploration of the Ben Nevis Project and other Ontario properties [3]. - Proceeds from the sale of common share units will be used for property payments on the Ben Nevis Project and for general working capital [4]. Group 3: Regulatory and Transaction Details - The offering is subject to regulatory approvals, including from the TSX Venture Exchange, and all securities issued will be subject to a hold period of four months and one day post-issuance [6]. - The first tranche of the offering closed on December 24, 2025, raising aggregate gross proceeds of $545,260, with the final tranche expected to close by December 31, 2025 [8].