Super Copper Secures $2M to Fuel Chilean Exploration Amid Copper Boom

VANCOUVER, BC – February 26, 2026 – As global demand for copper skyrockets, junior exploration firm Super Copper Corp. (CSE: CUPR) has announced a significant step to bolster its position, securing up to $2 million in a brokered private placement. The financing is earmarked to accelerate exploration at its promising copper projects in the prolific Atacama region of Chile, a move that strategically places the company at the heart of the world’s clean energy transition.

The offering, priced at $0.75 per unit, consists of a common share and a purchase warrant, exercisable at $1.15 for 36 months. Led by agents A.G.P. Canada Investments ULC and Baader Bank AG, the capital raise aims to turn geological potential into tangible results through targeted surveying and drilling programs.

Riding the Wave of a Surging Copper Market

Super Copper's financing arrives at a pivotal moment for the copper industry. The metal, essential for everything from electric vehicles and renewable energy infrastructure to AI data centers, is experiencing unprecedented demand. Market analysts forecast a widening supply gap, with some projections indicating a potential 10 million metric tonne shortfall by 2040. This structural deficit, driven by the global push for electrification and digitalization, has propelled copper prices to record highs, with some analysts forecasting prices to exceed $12,000 per metric tonne in 2026.

This bullish environment creates a fertile ground for exploration companies capable of identifying and advancing new sources of supply. The industry faces significant headwinds in bringing new mines online, including declining ore grades at existing operations and an average 17-year timeline from discovery to production. Consequently, companies like Super Copper, which are focused on de-risking and advancing assets in world-class jurisdictions, are drawing increased investor attention.

The capital infusion allows the company to aggressively pursue its exploration goals at a time when the market is rewarding progress in the hunt for new, economically viable copper deposits. The funds are not just for operational continuity; they represent a strategic injection of capital intended to create significant value by advancing assets up the development curve during a historic commodity boom.

A Strategic Bet on Chile's Rich Copper Belt

The net proceeds from the offering will be focused on Super Copper’s two key assets in Chile's Atacama Region: the Cordillera Cobre and Castilla projects. This region is globally renowned for its geological endowment, hosting some of the world's largest and highest-grade copper deposits and benefiting from established infrastructure and a long history of mining.

At the Cordillera Cobre project, where Super Copper has an option to earn 100% ownership, the company plans to conduct its maiden drilling program. The 7,430-hectare property is situated in the Coastal Cordillera Iron Oxide–Copper–Gold (IOCG) belt, a geological trend that includes world-class mines like Candelaria. Historical work and a recently completed Phase 1 exploration program—which included geophysics and surface sampling returning grades up to 17.7% copper—have identified high-priority drill targets. The recent approval of 26 mining concessions by Chile's national mining authority, SERNAGEOMIN, was a critical milestone that grants the company the permanent rights needed to proceed with drilling.

Further south, at the Castilla project, a 7,200-hectare land package owned 100% by the company, the new funds will be used to complete property-wide magnetics and Induced Polarization (IP) surveys. This work is designed to map potential IOCG targets and sulfide concentrations at depth. The project lies along a structural trend parallel to the past-producing Manto Negro Mine and has already shown widespread near-surface copper mineralization. By applying modern geophysical techniques, Super Copper aims to unlock the deeper potential of the system and define targets for a future drill campaign.

Leveraging Innovative Financing for Growth

To secure this funding, Super Copper is utilizing the Listed Issuer Financing Exemption (LIFE), an increasingly popular tool for Canadian public companies. Introduced in late 2022, the LIFE exemption provides a more efficient and cost-effective pathway to raise capital compared to a traditional prospectus offering. A key advantage for investors is that securities issued under this exemption are freely tradeable upon closing, eliminating the standard four-month hold period associated with other private placements and enhancing liquidity.

This mechanism is particularly beneficial for junior exploration companies, which require regular access to capital markets to fund their milestone-driven exploration activities. By reducing regulatory burden and offering immediate liquidity, the LIFE exemption helps companies like Super Copper attract a broader base of investors and execute their strategic plans more nimbly. The choice of this financing route signals a savvy approach to capital management, aligning the company's needs with investor-friendly terms.

The offering is structured to be available to investors in key Canadian provinces as well as qualified institutional buyers in the United States and other offshore jurisdictions, broadening the company's potential investor base. The successful closing of this financing, expected on or about March 5, 2026, will significantly strengthen Super Copper’s treasury and position it to execute its ambitious exploration plans for the year.