Gunnison Copper Corp. Raises C$5M for Project Development and Strategic Advancements

Gunnison Copper Corp. Initiates Significant Capital Raise for Strategic Development

Gunnison Copper Corp. announces a non-brokered private placement designed to generate gross proceeds of C$5,000,010 by selling up to 16,666,700 units at a price of C$0.30 each. Each unit consists of one common share and a warrant, allowing the purchase of an additional share at C$0.45 for the next 36 months. This funding initiative is critical for advancing the High Value Add Work Program at the Gunnison Copper Project, which is located in the Southern Arizona Copper Belt. The funds will facilitate long lead time drilling and metallurgical testing essential for a pre-feasibility study, as well as cover general administrative expenses for the company’s U.S. head office for the next year.

The Gunnison Copper Project stands out in the industry with a measured and indicated resource of over 831 million tons, boasting a total copper grade of 0.31%. This significant resource base underpins the project's preliminary economic assessment, which indicates a net present value of $1.3 billion and an internal rate of return of 20.9%. The private placement is expected to close during the week of July 14, 2025, contingent upon regulatory approvals. The offering is structured to accommodate Canadian investors, excluding those in Québec, and extends to offshore and U.S. investors under specific exemptions, reflecting a strategic move to broaden its funding base.

In addition to supporting the Gunnison project, the capital raised will also aid in advancing the Johnson Camp Asset, which is currently under construction and funded by Nuton LLC. Once operational, this asset is projected to produce up to 25 million pounds of finished copper annually. As the demand for copper remains robust, driven by its applications in renewable energy and electric vehicles, Gunnison Copper Corp. positions itself to capitalize on market opportunities while enhancing its operational capabilities and project viability.

The current fundraising initiative is an important step for Gunnison Copper Corp., as it aims to solidify its position in the competitive copper mining sector while advancing critical projects that promise substantial economic returns.