Vancouver, British Columbia – June 27, 2025 – Copper Giant Resources Corp. (“Copper Giant” or the “Company”) (TSXV: CGNT, OTCQB: LBCMF, FRA: 29H0) is pleased to announce it has entered into a definitive agreement to acquire 100% of the issued and outstanding shares of Grupo Minera Sol S.A.S. (“Grupo Minera Sol”), a private Colombian company holding 12 mining applications covering 53,474 hectares (see Figure 1) within the prolific Jurassic porphyry belt in Colombia.
The Company also announces mutual conclusion of its At-The-Market (ATM) equity distribution program with Research Capital
As consideration, Copper Giant will issue 7,500,000 common shares of the Company at a price of $0.21 per share to the shareholders of Grupo Minera Sol. The transaction is subject to approval by the TSX Venture Exchange.
Grupo Minera Sol’s applications are contiguous with Copper Giant’s existing land package and are primarily located in the Department of Cauca (Municipality of Santa Rosa), with extensions into Putumayo and the Mocoa Municipality. The combined claims now span approximately 136,425 hectares—an increase of 64%—positioning Copper Giant as one of the largest holders of highly prospective porphyry terrain in Colombia.
Strategic Highlights:
• Land Expansion: Copper Giant’s land holdings grow from 82,951 hectares to 136,425 hectares, consolidating a dominant 75-kilometre corridor within Colombia’s Jurassic porphyry belt.
• Regional Prospectivity: The 75 km trend is supported by historical soil geochemistry and prospecting work and is geologically analogous in scale to the corridor that hosts Mirador, Warintza, and Panantza–San Carlos in Ecuador.*
• District-Scale Foundation: Combined with the district-scale potential emerging at Mocoa, the acquisition enhances Copper Giant’s ability to define multiple high-priority targets across a geologically fertile and underexplored belt.
Read the full press release here
Additional Information
Ian Harris
Chief Executive Officer harris@coppergiant.co
+1 604 294 9039
Tetiana Konstantynivska
Vice President Investor Relations tk@coppergiant.co
+1 778 829 8455
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release includes forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, including statements regarding the drilling results of MD-047, the outcome of the Company’s current resource expansion strategy; other activities and achievements of the Company, including but not limited to: the timing and success for the advancement of the Mocoa Project, the expansion of the Mocoa resource base; are to be considered forward looking. Although Copper Giant believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices and volatility with the Company’s common shares, exploitation and exploration successes, uncertainty of reserve and resource estimates, risks of not achieving production, continued availability of capital and financing, processes, permits and filing requirements, risks related to operations in foreign and developing countries and compliance with foreign laws and including risks related to changes in foreign laws and changing policies related to mining and local ownership requirements in Colombia, and general economic, market, political or business conditions and regulatory and administrative approvals. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements