Mr. Ian Harris reports

COPPER GIANT ANNOUNCES CLOSING OF C$31 MILLION STRATEGIC FINANCING

Copper Giant Resources Corp. has closed its previously announced non-brokered private placement of common shares of the company for aggregate gross proceeds of $30,999,996 at a price of 72 cents per common share.

The financing comprised subscriptions by Denarius for 40 million common shares, and by Frank Giustra, through Sestini & Co. Pension Trustees Ltd. (an investment account controlled and directed by Mr. Giustra), for 2,777,775 common shares, resulting in Mr. Giustra holding 15.55 per cent of the company's issued and outstanding common shares on a partially diluted basis. In addition, Ian Harris, president and chief executive officer of the company, subscribed for 277,775 common shares. No finders' fees were payable in connection with the financing.

All common shares issued pursuant to the financing are subject to a four-month-and-one-day hold period. On closing, Denarius became a new insider of Copper Giant pursuant to Canadian securities laws and is subject to all insider filings.

In connection with the financing, each of Denarius, Mr. Giustra and Mr. Harris have agreed to enter into a two-year lock-up arrangement pursuant to which, among other things, they may not sell, offer, or grant options to purchase any of the common shares purchased in the financing.

Proceeds of the financing will be used for the advancement and acceleration of exploration and project development at Copper Giant's Mocoa copper-molybdenum project in the department of Putumayo, Colombia, including district-scale exploration and general corporate purposes.

The financing remains subject to the final acceptance of the TSX Venture Exchange.

Mr. Harris is an insider of the company and Mr. Giustra is a significant shareholder; their participation in the financing constitutes a "related-party transaction" as defined under Multilateral Instrument 61-101 -- Protection of Minority Security Holders in Special Transactions.

Early warning disclosure

Immediately prior to the financing, Denarius did not beneficially own or control, directly or indirectly, any securities of the company.

Immediately following closing of the financing, Denarius beneficially owns or controls 40 million common shares, representing 15.34 per cent of the issued and outstanding common shares.

Denarius acquired the common shares for investment purposes. Depending on market conditions, its view of the company's prospects, and other relevant factors, Denarius may, from time to time, acquire additional common shares, dispose of some or all of the existing common shares, or may continue to hold the common shares. A copy of the report filed by Denarius may be obtained from Amanda Fullerton, general counsel and secretary, telephone 416-360-4653, or via e-mail at investors@denariusmetals.com.

As a result of the acquisition of common shares described above, Mr. Giustra now owns and/or controls directly and indirectly 31,450,475 common shares and 10,757,200 warrants of the company, representing 12.06 per cent of the issued and outstanding common shares on a non-diluted basis and 15.55 per cent on a partially diluted basis.

Prior to the acquisition of the common shares, Mr. Giustra and his related entities owned and/or controlled 28,672,700 common shares and 10,757,200 warrants, representing 13.18 per cent of the issued and outstanding common shares on a non-diluted basis and 17.27 per cent on a partially diluted basis.

Mr. Giustra and his related entities acquired these securities for investment purposes.

A copy of the early warning report to be filed by Mr. Giustra in connection with the transaction described above will be available under the company's profile on SEDAR+.

Corporate update

The company also announces that, further to its news release dated Aug. 6, 2026, Federico Restrepo-Solano has joined the company's advisory committee, and Carlos Augusto Suarez Rojas, who was previously disclosed as an incoming director, will not be joining the board of directors due to potential upcoming conflict of interest.

About Copper Giant Resources Corp.

Copper Giant Resources 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.

About Denarius Metals

Denarius Metals is a Canadian junior mining company focused on acquiring, exploring, developing and ultimately operating precious-metals and polymetallic projects in high-grade districts in Colombia and Spain.

We seek Safe Harbor.