05:41:31 EDT Thu 23 Apr 2026
Enter Symbol
or Name
USA
CA



Giant Mining Corp
Symbol BFG
Shares Issued 237,189,466
Close 2026-04-22 C$ 0.075
Market Cap C$ 17,789,210
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Giant Mining to change name to Copper One Resources

2026-04-23 01:31 ET - News Release

Mr. David Greenway reports

GIANT MINING ANNOUNCES PROPOSED NAME CHANGE AND CONSOLIDATION AND STRATEGIC FOCUS ON COPPER

Giant Mining Corp. intends to change the company's name from Giant Mining Corp. to Copper One Resources Corp., reflecting the company's strategic evolution and expanded focus on copper exploration and development.

Copper is widely recognized as a critical metal underpinning global economic growth and the transition to a low-carbon future. Its essential role in electrification, renewable energy systems, electric vehicles and infrastructure development continues to drive strong long-term demand fundamentals. The company believes that aligning its corporate identity with this key commodity better positions it to capitalize on emerging opportunities within the copper sector and to communicate its strategic direction more clearly to investors and stakeholders.

David C. Greenway, president and chief executive officer of Giant Mining, commented: "The proposed name change to Copper One Resources Corp. marks an important step in aligning our corporate identity with our strategic focus on copper, a metal that is fundamental to global economic development and the ongoing energy transition. As demand for copper continues to accelerate, we believe this repositioning enhances our ability to create long-term value for our shareholders."

Share consolidation

Concurrently with the name change, the company intends to consolidate its common shares on a one-for-10 basis. The company currently has 237,189,466 common shares issued and outstanding. Following the proposed share consolidation, the company will have approximately 23,718,947 common shares issued and outstanding prior to the treatment of fractional shares. No fractional shares will be issued as a result of the share consolidation, and any fractional shares will be rounded in accordance with the policies of the Canadian Securities Exchange.

The share consolidation and name change were approved by the board of directors of the company but remain subject to the approval of the CSE. The company will issue a further news release upon receiving CSE approval, announcing the effective date of the name change and consolidation.

Upon completion of the name change, the company's common shares will continue to trade under the existing symbol BFG and will be assigned a new Cusip number and ISIN (international securities identification number).

Registered holders of physical share certificates will receive a letter of transmittal by mail advising that the name change and consolidation have been effected and will contain instructions on how to exchange share certificates evidencing preconsolidated common shares for new share certificates representing the number of postconsolidated common shares to which they are entitled. No action is required for shares held by non-registered holders (shareholders who hold their shares through an intermediary) and outstanding direct registration system (DRS).

The company believes the name change and strategic repositioning will enhance its visibility within the copper sector and better align with broader market interest in critical minerals supporting electrification and energy transition initiatives.

About Giant Mining Corp.

Giant Mining is focused on identifying, acquiring and advancing late-stage copper and copper/silver/gold projects to meet the growing global demand for critical metals required for electrification, renewable energy infrastructure and modernization of energy systems.

The company's primary exploration asset is the Majuba Hill project, located approximately 156 miles (251 kilometres) from Reno, Nev. Majuba Hill is an exploration-stage property in a mining-friendly jurisdiction with established infrastructure, where the company is advancing continuing exploration activities.

In addition, the company has entered into an option agreement to earn up to a 100-per-cent interest in the Redhill property, located south of Ashcroft, B.C., adjacent to the Trans-Canada Highway. The Redhill property is an exploration-stage property.

Giant Mining is advancing its projects through systematic exploration and technical evaluation, with a focus on responsible exploration practices, technical transparency and long-term value creation.

We seek Safe Harbor.

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