US Copper Corp Completes Non-Brokered Private Placement

Toronto, Ontario–(Newsfile Corp. – July 28, 2025) – US Copper Corp (TSXV: USCU) (OTCQB: USCUF) (FSE: C730) (“US Copper” or the “Company“) is pleased to announce that it has completed a non-brokered private placement (the “Private Placement”) for aggregate gross proceeds of $1,165,000. The Private Placement involved the issuance of 11,650,000 units (“Units”) at a price of $0.10 per Unit. Each Unit consists of one common share in the capital stock of the Company (a “Common Share”) and one warrant. Each whole warrant will entitle the holder to purchase one Common Share for $0.15 at any time within 2 years after closing. All securities issued pursuant to this Private Placement will be subject to a four-month hold period. As part of the Private Placement, the Company paid Finders’ fees of $5,700. The Private Placement remains subject to final acceptance by the TSX Venture Exchange.

A material change report in connection with the Private Placement will be filed less than 21 days before the closing of the Private Placement. The Company believes this shorter period is reasonable and necessary in the circumstances as the Company wished to complete the Private Placement in a timely manner.

The Company intends to use the proceeds of the Private Placement for general working capital purposes and to advance its Moonlight-Superior Copper Project. Such activities are expected to include baseline studies required for permit applications, metallurgical studies required for more advanced engineering studies and geophysical surveys to assist in targeting deeper targets.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

This press release contains forward-looking statements within the meaning of applicable Canadian and U.S. securities laws and regulations, including statements regarding the future activities of the Company. Forward-looking statements reflect the current beliefs and expectations of management and are identified by the use of words including “will”, “hopes”, “anticipates”, “expected to”, “plans”, “planned”, “intends” and other similar words. Actual results may differ significantly. The achievement of the results expressed in forward-looking statements is subject to a number of risks, including those described in the Company’s management discussion and analysis as filed with the Canadian securities regulatory authorities which are available at www.sedarplus.ca. Investors are cautioned not to place undue reliance upon forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/260424