Copper Lake Resources Raises $5 Million in Private Placement

Copper Lake Resources closed its final non-brokered private placement tranche on October 16, 2026, raising $2.66 million. Total proceeds across both tranches reached $5 million from 33,333,323 units. The final tranche comprised 17,708,292 units priced at $0.15 each. * Each unit includes one common share and one warrant exercisable at $0.20 per share for 24 months from closing. Net proceeds will fund exploration at the Marshall Lake project and general working capital. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Copper Lake Resources Ltd. published the original content used to generate this news brief via (Ref. ID: 202610161802NEWSFILECNPR____20261016_319557_1) on October 16, 2026, and is solely responsible for the information contained therein. (C)