Ocean Partners Increases Ownership in Canadian Copper Inc. and Receives Independent Analyst Coverage

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Toronto, August 11th, 2026 – Canadian Copper Inc. (CSE:CCI) (“Canadian Copper” or the “Company”) announces today that Ocean Partners UK Limited (“Ocean Partners”) has elected to early exercise its 12,725,000 warrants in the Company for total proceeds of $3,181,250. This capital will be used to eliminate the Company outstanding debt (US$2 million) and further strengthen the balance sheet. As a result of this early warrant exercise, Ocean Partners ownership in Canadian Copper increases to 21.3%.

There remain approximately 23,685,200 warrants outstanding that were issued in relation to the November 13, 2025, financing. As per the previous private placement, each full warrant has an exercise price of $0.25 and will expire November 12, 2026. The warrants are subjected to an accelerated exercise clause in the event the Company’s share price exceeds $0.30 for ten consecutive trading days on a volume weighted average price basis. The acceleration clause has not been triggered by the Company.

 

Initiation of Independent Analyst Coverage

On August 4th, 2026, Managing Director, Mining Analyst Taylor Combaluzier of Ventum Capital Markets initiated coverage of Canadian Copper. Interested investors wishing to receive copies of the report may contact Taylor Combaluzier (taylor.combaluzier@ventumfinancial.com) and Ventum Capital Markets directly, subject to its policies.

 

About Canadian Copper Inc.

Canadian Copper is a Canadian-based mineral development company with a 100% owned copper, zinc and silver portfolio of mineral resources as well as other base metal exploration assets. The Company is focused on the prolific Bathurst Mining Camp (BMC) of New Brunswick, Canada.

For more information, please contact:

Simon Quick, Director & CEO  |  (905) 220-6661  |  simon@canadiancopper.com  |  ir@canadiancopper.com

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Simon’s experience includes early stage permitting, project development through to design engineering, construction, and final turnover. He joins Canadian Copper from McEwen Mining Inc. where he was Vice President of Projects. He has an honours degree in Economics from Bishop’s University and an Executive MBA from the Kellogg School of Management at Northwestern University.

Cautionary and Forward-Looking Statements

Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this news release.

This news release includes certain forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, statements regarding the Backstop Financing, proposed acquisition, and the anticipated business plans and timing of future activities of the Company, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Often, but not always, forward looking information can be identified by words such as “pro forma”, “plans”, “expects”, “will”, “may”, “should”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, “believes”, “potential” or variations of such words including negative variations thereof, and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and other factors include, among others, statements as to the anticipated business plans and timing of future activities of the Company, including the Company’s option to acquire properties under the Puma Option Agreement, the proposed expenditures for exploration work thereon, the ability of the Company to obtain sufficient financing to fund its business activities and plans, delays in obtaining governmental and regulatory approvals (including of the CSE), permits or financing, changes in laws, regulations and policies affecting mining operations, the Company’s limited operating history, currency fluctuations, title disputes or claims, environmental issues and liabilities, as well as those factors discussed under the heading “Risk Factors” in the Company’s annual management discussion and analysis for the year ended October 31, 2024  and other filings of the Company with the Canadian Securities Authorities, copies of which can be found under the Company’s profile on SEDAR+ website at www.sedarplus.ca. Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update any of the forward-looking statements in this presentation or incorporated by reference herein, except as otherwise required by law.

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