Mr. Terry MacDonald reports

COPPER LAKE RESOURCES LTD. ENGAGES ICP SECURITIES INC. FOR AUTOMATED MARKET MAKING SERVICES

Copper Lake Resources Ltd. has engaged the services of ICP Securities Inc. to provide automated market-making services, including use of its proprietary algorithm, ICP Premium, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. ICP will be paid a monthly fee of $7,500, plus applicable taxes. The agreement between the company and ICP was signed with a start date of June 18, 2026, and is for 12 months, and shall be automatically renewed for subsequent one-month terms unless either party provides at least 30 days of written notice prior to the end of the initial term or an additional term, as applicable. There are no performance factors contained in the agreement, and no stock options or other compensation in connection with the engagement. ICP and its clients may acquire an interest in the securities of the company in the future.

ICP is an arm's-length party to the company. ICP's market-making activity will be primarily to correct temporary imbalances in the supply and demand of the company's shares. ICP will be responsible for the costs it incurs in buying and selling the company's shares, and no third party will be providing funds or securities for the market-making activities.

About ICP Securities Inc.

ICP Securities is a Toronto-based CIRO dealer-member that specializes in automated market-making and liquidity provision, as well as having a proprietary market making algorithm, ICP Premium, that enhances liquidity and quote health. Established in 2023, with a focus on market structure, execution and trading, ICP has leveraged its own proprietary technology to deliver high-quality liquidity provision and execution services to a broad array of public issuers and institutional investors.

About Copper Lake Resources Ltd.

Copper Lake Resources is a publicly traded Canadian mineral exploration and development company with interests in two projects, both located in Ontario.

The Marshall Lake high-grade VMS (volcanogenic massive sulphide) copper, zinc, silver and gold project comprises an area of approximately 220 square kilometres (km), located 120 km north of Geraldton, Ont., and is just 22 km north of the main CNR rail line. Copper Lake has an 82.97-per-cent interest in the joint ventured property, which consists of 233 claims and 52 mining leases. The project also includes 148 claim cells staked in 2018 and 2020 that are 100 per cent owned and not subject to any royalties. These newer claims add approximately 30 square km to the property.

In addition to the original Marshall Lake property above, Marshall Lake also includes the Sollas Lake and Summit Lake properties, which are 100 per cent owned by the company and are not subject to any royalties. The Sollas Lake property consists of 20 claim cells comprising an area of four square km on the east side of the Marshall Lake property where historical EM (electromagnetic) airborne geophysical surveys have outlined strong conductors on the property hosted within the same favourable felsic volcanic units. The Summit Lake property currently consists of 100 claim cells comprising an area of 20.5 square km, is accessible year-round and is located immediately west of the original Marshall Lake property. The Marshall Lake project is located in the traditional territories of Aroland and Animbiigoo Zaagi'igan Anishinaabek (AZA) first nations.

Copper Lake has a 69.79-per-cent joint venture interest in the Norton Lake nickel, copper, cobalt and palladium PGM (platinum group metal) property, located in the southern Ring of Fire area, approximately 100 km north of the Marshall Lake property. The company filed an updated National Instrument 43-101 in October, 2023, with a mineral resource of open-pit and underground measured plus indicated resources of 1,795,000 tonnes at an average grade of 0.72 per cent nickel (Ni), 0.69 per cent copper (Cu), 339 parts per million (ppm) cobalt (Co), 0.52 gram per tonne (g/t) palladium (Pd) and 0.17 g/t platinum (Pt), and containing 28.3 million pounds (lb) of nickel and 27.3 million lb of copper. The Norton Lake property is located in the traditional territories of Eabametoong (Fort Hope) and Neskantaga first nations.

We seek Safe Harbor.