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VANCOUVER, BC , July 18, 2025 /CNW/ - Copper Giant Resources Corp. ("Copper Giant" or the "Company") (TSXV: CGNT) (OTCQB: LBCMF) (FRA: 29H0) is pleased to announce the closing of its previously announced "best efforts" public offering (the "Offering") for gross proceeds of C$8,271,510, which includes the partial exercise of the agents' over-allotment option. Under the Offering, the Company sold 41,357,550 units of the Company (each, a "Unit") at a price of C$0.20 per Unit (the "Offering Price"). Red Cloud Securities Inc. ("Red Cloud"), as lead agent and sole bookrunner, and Research Capital Corporation (collectively with Red Cloud, the "Agents") acted as agents in connection with the Offering.

Each Unit consist of one common share in the capital of the Company and one common share purchase warrant (each, a "Warrant"). Each Warrant entitles the holder to purchase one common share in the capital of the Company at a price of C$0.28 at any time on or before July 18, 2027.

The net proceeds from the Offering will be used by the Company for the exploration and advancement of the Company's Mocoa copper-molybdenum project in southern Colombia as well as for working capital and general corporate purposes.

The Offering was completed pursuant to an amended and restated prospectus supplement (the "Supplement") filed in each of the provinces and territories of Canada (except Quebec) and dated July 15, 2025 that supplemented the Company's short form base shelf prospectus dated November 29, 2024 (the "Shelf Prospectus"). The Offering remains subject to the final approval of the TSX Venture Exchange (the "TSXV").

In consideration for their services in connection with the Offering, the Agents received a total cash commission of C$448,290.60 and were issued 2,241,453 non-transferable warrants of the Company (the "Broker Warrants"). Each Broker Warrant entitles the holder thereof to purchase one common share in the capital of the Company at a price of C$0.28 at any time on or before July 18, 2027.

This press release is not an offer to sell or the solicitation of an offer to buy the securities in the United States or in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification or registration under the securities laws of such jurisdiction. The securities being offered have not been, nor will they be, registered under the U.S. Securities Act, and such securities may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from U.S. registration requirements and applicable U.S. state securities laws.

About Copper Giant

Copper Giant Resources Corp. is part of the Fiore Group, a private and well-established Canadian organization known for building successful, high-impact companies across the natural resource sector. Copper Giant was formed with a singular focus: to advance high-quality copper projects beyond resource definition—responsibly, efficiently, and with long-term positive impact.

The Company is led by a team with uncommon experience, having successfully taken some of the few major copper mines developed in the past two decades from discovery through to construction.

Copper Giant's current focus is the Mocoa copper-molybdenum deposit in southern Colombia, one of the largest undeveloped resources of its kind in the Americas. Recent exploration success has revealed potential well beyond its original footprint, highlighting Mocoa as a broader district-scale opportunity—and the catalyst for the Company's name and evolution.

Guided by the values of respect and responsibility, and grounded in its Good Neighbor philosophy, Copper Giant is committed to creating enduring value for all stakeholders and playing a meaningful role in the global energy transition.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains certain statements which constitute forward-looking statements or information under applicable Canadian securities laws, including statements relating to the expected use of proceeds from the Offering. Such forward-looking statements are subject to numerous known and unknown risks, uncertainties and other factors, some of which are beyond the Company's control, which could cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. These risks and uncertainties include general economic and capital markets conditions, stock market volatility, the ability of the Company to apply the use of proceeds from the Offering as anticipated, those risks set out in the Company's public documents filed on www.sedarplus.ca,  and the ability of the Company to obtain the final approval of the TSXV. Although the Company believes that the forward-looking statements in this news release are reasonable, they are based on factors and assumptions, based on currently available information, concerning future events, which may prove to be inaccurate. As such, readers are cautioned not to place undue reliance on the forward-looking statements, as no assurance can be provided as to future plans, operations, results, levels of activity or achievements. The forward-looking statements contained in this news release are made as of the date of this news release and, except as required by applicable law, the Company does not undertake any obligation to publicly update or to revise any of the forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE COPPER GIANT RESOURCES CORP.