Vancouver, British Columbia — March 18, 2025 — CopAur Minerals Inc. (the “Company”) (CPAU: TSX-V) is pleased to announce that its management team is actively exploring non-dilutive financing options to potentially bring the Kinsley Mountain Oxide Gold Project back into production. The company is focused on advancing the project without issuing additional shares, or at the very least as few as possible, thereby protecting existing shareholders’ equity.
The Kinsley Mountain property, located in Nevada’s highly prospective gold belt, has a well-established historical resource. Since the resource was originally defined, CopAur and previous owners have completed over 20,000 meters of drilling, which may have the potential to increase the historic resource. As part of its ongoing efforts, CopAur is also working on an internal update to the resource estimate and evaluating the necessary steps to decide whether restarting production is viable.
While CopAur is exploring various innovative financing methods, including streaming agreements, royalty financing, joint ventures, and other non-traditional options such as forward contracts, private equity and various other innovative financing options the company is also carefully assessing the overall project. The team recognizes that additional drilling may be needed, and there is a possibility that bringing the project back into production may not be the most feasible option without some further work. However, the appetite for U.S. shovel-ready projects is building rapidly, and the company is positioning itself to take advantage of this increasing demand for high-quality, advanced-stage projects.
“Our focus is on advancing Kinsley Mountain responsibly and with a clear path to value creation for our shareholders,” said Jeremy Yaseniuk, CopAur Minerals, CEO. “By exploring non-dilutive financing, we can protect shareholder value while evaluating all necessary factors—including resource updates and additional drilling and various studies—that will inform our decision to restart production or pursue an alternative path forward.”
CopAur remains committed to thorough analysis and strategic decision-making as it works toward the best outcome for its stakeholders.
About CopAur
CopAur is an exploration company focused on developing projects within the emerging, mineral-rich mining regions of Nevada. The Company is backed by a dynamic and experienced team of resource professionals advancing its projects in Nevada with the flagship project being Kinsley Mountain Gold Project, a Carlin-style project located 90 kilometres south of the Long Canyon mine (currently in production under the Newmont/Barrick joint venture, Nevada Gold Mines).
ON BEHALF OF THE BOARD OF COPAUR MINERALS INC.
Jeremy Yaseniuk, Chief Executive Officer
For more information, please contact:
Jeremy Yaseniuk, Chief Executive Officer & Director
Tel: +1 (604) 773-1467
Email: jeremyy@CopAur.com
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 news release.
Forward Looking Information
This news release contains forward-looking statements. These statements relate to future events or the Company’s future performance, including the Company’s plans to settle part of the Loan principal in Debt Units and the requirement of obtaining TSXV approval. All such statements involve substantial known and unknown risks, uncertainties and other factors which may cause the actual results to vary from those expressed or implied by such forward-looking statements. Forward-looking statements involve significant risks and uncertainties, they should not be read as guarantees of future performance or results and they will not necessarily be accurate indications of whether or not such results will be achieved. Actual results could differ materially from those anticipated due to a number of factors and risks. Although the forward-looking statements contained in this news release are based upon what management of the Company believes are reasonable assumptions on the date of this news release, the Company cannot assure investors that actual results will be consistent with these forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof and the Company disclaims any intention or obligation to update or revised any forward-looking statements whether as a result of new information, future events or otherwise, except as required under applicable securities regulations.