Mr. Dan Weir reports

COYOTE COPPER ANNOUNCES CLOSING OF ITS OVERSUBSCRIBED FINANCING

Coyote Copper Mines Inc., further to its news releases dated May 13, 2026, May 25, 2026, June 2, 2026, and June 15, 2026, has closed the final tranche of its previously announced non-brokered private placement financing of up to 34 million units issued at a price of 25 cents per unit, with each unit consisting of one fully paid common share and one-half common share purchase warrant in the capital of the corporation, for aggregate gross proceeds of $8.5-million to be used for exploration and general corporate purposes.

Two half warrants will entitle the holder thereof to purchase one common share of the corporation. Each warrant will expire 36 months from the date of issue and will entitle the holder thereof to purchase one common share at a price of 50 cents per warrant share within 36 months from the date of issue.

An aggregate of 20,956,830 units was sold under the first tranche for total gross proceeds of $5,239,207.50.

An aggregate of 13,043,170 units was sold under the final tranche for total gross proceeds of $3,260,792.50.

In connection with closing of the financing, the company paid aggregate finders' fees consisting of: (i) $528,085; and (ii) 1,836,260 compensation warrants to eligible finders. Each compensation warrant entitles the holder to acquire one common share at a price of 50 cents per common share for a period of 36 months from the date of issuance of the compensation warrant.

The closing of the financing is subject to the receipt of all necessary regulatory approvals, including the final approval of the TSX Venture Exchange. All securities issued and issuable pursuant to the first tranche of the offering are subject to a four-month-plus-one-day hold period commencing on the date of issuance.

We seek Safe Harbor.