Axo Copper Announces Filing of Final Short Form Prospectus

Core Viewpoint - AXO Copper Corp. has filed a final short form prospectus for a bought deal public offering of units, aiming to raise gross proceeds of $35 million, with the potential to increase to $40.25 million if the underwriters' option is fully exercised [1][2]. Group 1: Offering Details - The offering price is set at $0.70 per unit, with each unit consisting of one common share and one-half of a common share purchase warrant [1]. - Each warrant allows the holder to acquire one common share at a price of $1.00 for a period of 18 months following the closing of the offering [1]. - The underwriters have an option to purchase up to an additional 15% of the offering, which could raise an additional $5.25 million if fully exercised [2]. Group 2: Regulatory and Listing Information - The offering is being conducted in all provinces of Canada except Quebec and is compliant with applicable securities laws [3]. - The closing of the offering is expected around February 19, 2026, and the TSX Venture Exchange has conditionally approved the listing of the common shares to be issued [3]. Group 3: Company Overview - AXO Copper Corp. is a Canadian mineral exploration company focused on the exploration and development of the La Huerta property in Jalisco, Mexico, and the San Antonio gold property in Sonora, Mexico [6].