Gunnison Copper Corp. Seeks C$5 Million for Growth Initiatives in Arizona Copper Projects

Gunnison Copper Corp. Pursues Strategic Funding for Growth Initiatives

Gunnison Copper Corp. has announced a significant private placement initiative aimed at bolstering its financial resources to support ongoing and future projects in the Southern Arizona Copper Belt. The company seeks to raise C$5,000,010 through the sale of up to 16,666,700 units, priced at C$0.30 each. Each unit includes one common share and a warrant, allowing investors to purchase an additional share at C$0.45 within the next 36 months. This funding is critical for advancing the High Value Add Work Program at the Gunnison Copper Project, which is pivotal for the company's growth trajectory in the burgeoning copper market.

The proceeds from this private placement are earmarked for several key initiatives, including long lead time drilling and metallurgical testing necessary for a pre-feasibility study. This study is essential for evaluating the project's economic viability and ensuring that the company can substantiate the substantial resources it claims. With a measured and indicated resource of over 831 million tons at a total copper grade of 0.31%, the Gunnison Copper Project showcases significant potential. The preliminary economic assessment indicates a net present value of $1.3 billion, alongside an impressive internal rate of return of 20.9%, which underlines the project’s attractiveness to both current and prospective investors.

Moreover, the company plans to allocate a portion of the funds to cover general administrative expenses for its U.S. head office for an additional year. This strategic move not only strengthens its operational capacity but also positions Gunnison Copper to effectively manage its projects and investor relations. The offering is set to close in mid-July 2025, pending regulatory approvals, and is available to Canadian purchasers (excluding Québec) and select offshore and U.S. investors under specific exemptions. As the demand for copper continues to rise amid a global shift toward electrification and renewable energy, Gunnison Copper Corp. is well-positioned to capitalize on these market trends.

In addition to the Gunnison Copper Project, the company is advancing its Johnson Camp Asset, which is currently under construction and funded by Nuton LLC. This asset is projected to produce up to 25 million pounds of finished copper annually, further solidifying Gunnison Copper's role in the copper supply chain. As the company continues to secure funding and develop its assets, it remains focused on executing its strategic vision within the copper industry, which is increasingly vital for sustainable economic growth.