Mr. David Greenway reports

COPPER ONE RESOURCES CORP. ANNOUNCES NON-BROKERED LIFE OFFERING OF UP TO $2,500,000

Copper One Resources Corp. intends to complete a non-brokered private placement pursuant to the listed issuer financing exemption under Part 5A.2 of National Instrument 45-106, Prospectus Exemptions, to raise up to $2.5-million through the sale of non-flow-through units and flow-through units of the company. The LIFE offering is expected to consist of up to 2,325,581 NFT units at a price of 43 cents per non-flow-through unit for gross proceeds of $1-million and up to 3,488,372 flow-through units at a price of 43 cents per flow-through unit for gross proceeds of $1.5-million.

Each non-flow-through unit will consist of one common share of the company and one common share purchase warrant. Each warrant will entitle the holder to acquire one additional share for a period of 12 months from the date of issuance at a price of 70 cents per share.

Each flow-through unit will consist of one share of the company that qualifies as a flow-through share within the meaning of the Income Tax Act (Canada) and one warrant. Each warrant will entitle the holder to acquire one non-flow-through share for a period of 12 months from the date of issuance at a price of 70 cents per share.

If the company's shares close at or above 90 cents per share for a period of five consecutive trading days, the company may accelerate the expiry date of the warrants by issuing a press release or other permitted notice to the holders thereof. In such event, the warrants will expire on the date that is 30 days following the date of such notice.

The flow-through units and the non-flow-through units will be offered for sale: (i) by way of a private placement pursuant to the listed issuer financing exemption under NI 45-106, as amended and supplemented by Coordinated Blanket Order 45-935, Exemptions from Certain Conditions of the Listed Issuer Financing Exemption, in all provinces of Canada, except Quebec; (ii) in the United States pursuant to an exemption from the registration requirements of the U.S. Securities Act of 1933, as amended, and applicable U.S. state securities laws; and (iii) in jurisdictions outside of Canada and the United States, provided it is understood that no prospectus filing, registration or comparable obligation arises in such other jurisdiction. The securities issued under the listed issuer financing exemption will not be subject to a statutory hold period pursuant to applicable Canadian securities laws.

The company's offering document required under the listed issuer financing exemption and related to the LIFE offering can be accessed under the company's profile on SEDAR+ and on the company's website. Prospective investors should read the offering document before making an investment decision.

The LIFE offering is non-brokered; however, the company may pay finders' fees to eligible arm's-length parties, as approved by the Canadian Securities Exchange, consisting of: (i) a cash commission of up to 7 per cent of the gross proceeds raised from subscribers introduced by such finders; and (ii) non-transferable finders' warrants equal to up to 7 per cent of the number of flow-through units and non-flow-through units sold to such subscribers, with each finder warrant exercisable at 70 cents per share for a period of 12 months from the date of issuance.

The company intends to use the net proceeds from the sale of non-flow-through units under LIFE offering for exploration and drilling programs, property payments and general working capital. The company will use the net proceeds from the flow-through units sold under the LIFE offering to incur Canadian exploration expenses as defined in Subsection 66.1(6) of the Income Tax Act (Canada) and flow-through critical mineral mining expenditures as defined in Subsection 127(9) of the Income Tax Act (Canada) and will renounce such qualifying expenditures to the subscribers of flow-through shares with an effective date no later than Dec. 31, 2026, in an aggregate amount not less than the total subscription proceeds received for the flow-through shares.

The LIFE offering is expected to close on or around May 30, 2026, and is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, including the approval of the CSE, and there can be no assurance that the LIFE offering will be completed as proposed or at all.

About Copper One Resources Corp.

Copper One is focused on identifying, acquiring and advancing late-stage copper and copper/silver/gold projects to meet the growing global demand for critical metals. This demand is driven by U.S. clean energy and electrification initiatives, including the Inflation Reduction Act of 2022, and similar climate-focused programs around the world, which require substantial amounts of copper, silver and gold for electric vehicles, renewable energy infrastructure, and the modernization of clean and affordable energy systems.

Copper One's flagship asset is the Majuba Hill copper, silver and gold district, located 156 miles (251 kilometres) from Reno, Nev. Majuba Hill benefits from a mining-friendly regulatory environment and strong local infrastructure.

With a strengthened technical framework, supportive jurisdiction and financed exploration program, Copper One is focused on advancing Majuba Hill through systematic drilling and technical evaluation. Copper One remains committed to responsible exploration, technical transparency and creating long-term shareholder value through discovery-focused exploration.

We seek Safe Harbor.