King Copper Discovery Announces Private Placement

Financing Proposal - King Copper Discovery Corp. is proposing a non-brokered private placement financing of 25 million units at a price of 60 cents per unit, aiming for gross proceeds of up to $15 million [1] - Each unit will consist of one common share and one share purchase warrant, exercisable at $0.98 for two years [1] Regulatory and Closing Details - All securities issued will be subject to a statutory four-month hold period in accordance with applicable securities law, with the expected closing date of the financing set for January 15, 2026 [2] - The financing is subject to various conditions, including approval from the TSX Venture Exchange [3] Use of Proceeds - Proceeds from the financing are expected to be utilized for general working capital and for the ongoing assessment and evaluation of multiple copper exploration and development opportunities within South America [3]