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      COPPER GIANT ANNOUNCES CLOSING OF PUBLIC OFFERING OF UNITS FOR GROSS PROCEEDS OF C$5.8 MILLION

      COPPER GIANT RESOURCES CORP. LOGO (CNW Group/COPPER GIANT RESOURCES CORP.)

      News provided by

      COPPER GIANT RESOURCES CORP.

      Nov 10, 2025, 09:45 ET

      Share this article

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      /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

      VANCOUVER, BC, Nov. 10, 2025 /CNW/ - Copper Giant Resources Corp. ("Copper Giant" or the "Company") (TSXV: CGNT) (OTCQB: LBCMF) is pleased to announce the closing of its previously announced "best efforts" public offering (the "Offering") for gross proceeds of C$5,750,276, which includes the full exercise of the Agents' (as defined herein) over-allotment option. Under the Offering, the Company sold 20,536,700 units of the Company (each, a "Unit") at a price of C$0.28 per Unit (the "Offering Price"). Red Cloud Securities Inc. ("Red Cloud"), as lead agent and sole bookrunner, and Research Capital Corporation (collectively with Red Cloud, the "Agents") acted as agents in connection with the Offering.

      Each Unit consists of one common share in the capital of the Company and one common share purchase warrant (each, a "Warrant"). Each Warrant entitles the holder to purchase one common share in the capital of the Company at a price of C$0.40 at any time on or before November 10, 2028.

      The net proceeds from the Offering will be used by the Company for the exploration and advancement of the Company's Mocoa copper-molybdenum project in southern Colombia as well as for working capital and general corporate purposes.

      The Offering was completed pursuant to a prospectus supplement (the "Supplement") filed in each of the provinces and territories of Canada (except Quebec) and dated November 3, 2025 that supplemented the Company's short form base shelf prospectus dated November 29, 2024 (the "Shelf Prospectus"). The Offering remains subject to the final approval of the TSX Venture Exchange (the "TSXV").

      In consideration for their services in connection with the Offering, the Agents received a total cash commission of C$328,216.56 and were issued 1,172,202 non-transferable warrants of the Company (the "Broker Warrants"). Each Broker Warrant entitles the holder thereof to purchase one common share in the capital of the Company at a price of C$0.40 at any time on or before November 10, 2028.

      This press release is not an offer to sell or the solicitation of an offer to buy the securities in the United States or in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification or registration under the securities laws of such jurisdiction. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from U.S. registration requirements and applicable U.S. state securities laws.

      Update regarding Copper Giant partnering with Orbiton Capital

      The Company wishes to clarify the terms of the analytics and AI software services agreement (the "Agreement") with Orbiton Capital Corp. ("Orbiton") as previously announced on October 22, 2025.  In addition to the terms of the Agreement summarized in the prior news release, if the Company chooses to extend the agreement, all terms will remain the same for no additional consideration.  If any terms are amended, the Agreement will be subject to the prior approval of the TSXV.

      About Copper Giant

      Copper Giant Resources Corp. is part of the Fiore Group, a private and well-established Canadian organization known for building successful, high-impact companies across the natural resource sector. Copper Giant was formed with a singular focus: to advance high-quality copper projects beyond resource definition--responsibly, efficiently, and with long-term positive impact.

      The Company is led by a team with uncommon experience, having successfully taken some of the few major copper mines developed in the past two decades from discovery through to construction.

      Copper Giant's current focus is the Mocoa copper-molybdenum deposit in southern Colombia, one of the largest undeveloped resources of its kind in the Americas. Recent exploration success has revealed potential well beyond its original footprint, highlighting Mocoa as a broader district-scale opportunity--and the catalyst for the Company's name and evolution.

      Guided by the values of respect and responsibility, and grounded in its Good Neighbor philosophy, Copper Giant is committed to creating enduring values for all stakeholders and playing a meaningful role in the global energy transition.

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

      Forward-Looking Statements

      This news release contains certain statements which constitute forward-looking statements or information under applicable Canadian securities laws, including statements relating to the expected use of proceeds from the Offering. Such forward-looking statements are subject to numerous known and unknown risks, uncertainties and other factors, some of which are beyond the Company's control, which could cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. These risks and uncertainties include general economic and capital markets conditions, stock market volatility, the ability of the Company to apply the use of proceeds from the Offering as anticipated, those risks set out in the Company's public documents filed on www.sedarplus.ca  and the ability of the Company to obtain necessary consents for the Offering, including the final approval of the TSXV. Although the Company believes that the forward-looking statements in this news release are reasonable, they are based on factors and assumptions, based on currently available information, concerning future events, which may prove to be inaccurate. As such, readers are cautioned not to place undue reliance on the forward-looking statements, as no assurance can be provided as to future plans, operations, results, levels of activity or achievements. The forward-looking statements contained in this news release are made as of the date of this news release and, except as required by applicable law, the Company does not undertake any obligation to publicly update or to revise any of the forward-looking statements, whether as a result of new information, future events or otherwise.

      SOURCE COPPER GIANT RESOURCES CORP.

      For additional information: Ian Harris, Chief Executive Officer, [email protected], +1 303 956 2944; Tetiana Konstantynivska, Vice President, Investor Relations, [email protected], +1 778 829 8455

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      Organization Profile

      Copper Giant Resources Corp.

        Also from this source

      • Copper Giant Intersects 135 Metres of 1.60% CuEq* (1.02% Cu and 0.107% Mo) Within 724 Metres of 0.78% CuEq* at Mocoa

      • Copper Giant Signs Strategic Mining Area Contract with Colombia's National Mining Agency

      • Copper Giant Expands Mocoa to 1.6 Billion Tonnes Inferred and Upgrades 290 Million Tonnes to Indicated

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