Announcement • May 16
Cascade Copper Corp. announced that it expects to receive CAD 0.8 million in funding Cascade Copper Corp. announced a non-brokered private placement for aggregate proceeds of up to CAD 800,000 for its continuing 2026 critical minerals exploration programs on May 15, 2026. The company is issuing Critical mineral flow-through units at an issue price of CAD 0.07 per unit with each unit consists of 1 flow-through common share and one-half non-flow-through warrant at CAD 0.10 and non-flow-through unit at an issue price of CAD 0.055 per unit which consists of 1 non flow-through common share and one half of one non flow-through common share purchase warrant at CAD 0.10. The offering is scheduled to close in tranches, with the first tranche expected to close by late May and is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, including the approval of the Canadian Securities Exchange. The offering is being made by way of private placement in Canada and such other jurisdictions as the company may determine. The company may pay finders' fees on the offering of up to 8% in cash and 8 per cent in warrants of the aggregate gross proceeds raised directly by the finder. The finders' fees shall be paid in accordance with applicable securities laws and the policies of the Canadian Securities Exchange. The offering is subject to all necessary regulatory approvals, including acceptance from the Canadian Securities Exchange. All securities to be issued in connection with the offering will be subject to a four-month hold period from the closing date under applicable Canadian securities laws, in addition to such other restrictions as may apply under applicable securities laws of jurisdictions outside Canada. New Risk • Apr 30
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$605k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$605k free cash flow). Share price has been highly volatile over the past 3 months (23% average weekly change). Earnings have declined by 24% per year over the past 5 years. Shareholders have been substantially diluted in the past year (52% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$2.59m market cap, or US$1.89m). Announcement • Jan 08
Cascade Copper Announces Results from Field Work At the Centrefire Copper-Gold Project Cascade Copper Corp. announced that it has received assay results from the first batch of samples from a field program of ground truthing geophysical anomalies and rock sampling at its Centrefire Copper and Gold Project (the "Project") located ~40 kilometres northeast of Dryden, Ontario, Canada. The field work was completed in Fourth Quarter 2025. A total of 41 rock samples were collected across the Project and results from 13 have been received, while 16 are pending. The majority of the 13 samples are located within the vicinity of the Main Gossan Zone (MGZ), where previous work by the company included trenching and grab sampling. Highlights. Assay results at the Main Gossan Zone confirm high grade copper, gold, and silver mineralization. The Main Gossan Zone is associated with regional high magnetic and conductor trends where disruption from structures and hydrothermal alteration has accumulated copper, gold, andsilver mineralization. 5 of the 13 grab samples assayed greater than 1% copper, while 4 of the samples assayed greater than 1.0 g/t gold, and 4 assayed greater than 10 g/t silver. Copper, gold and silver mineralization now covering over 1000m x 800m at the Main Gossan zone. Next Steps Drill Targets, Permit Approval: These results, in combination with the Corporation's previous trenching and sampling and the ongoing geophysical inversion modelling exercise will significantly help delineate drill targets for an upcoming program. A drill permit has been submitted and approval is expected within First Quarter of 2026. The results from this upcoming drill program will be particularly helpful for interpreting the analogous geology and mineralization potential of the eastern portion of the Project where minimal outcrop exposures and a thin sandy till cover throughout makes traditional surface prospecting difficult. Sample Analysis QA/QC Protocol and Disclosure: All rock samples collected were submitted to ALS Canada Ltd. (ALS) at their Sudbury, ON facility for preparation and analysis. ALS meets all requirements of International Standards ISO/IEC 17025:2005 and ISO 9001:2015 for analytical procedures. Each sample had a small representative reference sample split out for storage while the remaining bulk was photographed, tagged, and bagged for analysis. Samples were analyzed using ALS's 30g Fire Assay Fusion method (Au-ICP21) with an ICP-AES finish for gold and by a 34-element four acid digest ICP-AES analysis (ME-ICP61) with additional analysis for Ore Grade Elements (ME-OG62) and Ore Grade Cu (Cu-OG62). Results were reported in parts per million (ppm) and converted to percent (%), or grams per tonne (g/t) when applicable. The technical information in this news release was prepared and reviewed by Shannon Baird, P.Geo., a Qualified Person as defined in National Instrument 43-101. Mr. Baird is Vice President of Exploration of Cascade Copper Corp. and registered as a Professional Geoscientist with the Professional Geoscientists of Ontario as well as the Engineers and Geoscientists of British Columbia. 
