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Edge Copper Announces Closing of Public Offering and Concurrent Private Placement

/Not for distribution to U.S. news wire services or dissemination in the United States./

VANCOUVER, BC, June 9, 2026 /CNW/ - Edge Copper Corporation (TSXV: EDCU) ("Edge Copper" or the "Company") is pleased to announce the closing of its previously announced overnight marketed offering, consisting of 32,747,414 common shares at a price of C$0.58 per common share, including 2,575,000 common shares issued pursuant to the exercise of the underwriter's over-allotment option (the "Public Offering"). The gross proceeds from the Public Offering to the Company were C$18,993,500. The Public Offering was made through a syndicate of underwriters co-led by CIBC Capital Markets and Beacon Securities Limited and including ATB Cormark Capital Markets and National Bank Financial Inc.

Concurrently with the closing of the Public Offering, the Company completed a non-brokered private placement of 6,974,747 common shares of the Company to purchasers, including certain insiders of the Company, at a price of C$0.58 per common share, for gross proceeds of C$4,045,353 (the "Private Placement"). Aggregate gross proceeds from the Public Offering and the Private Placement were C$23,038,853.

The Company proposes to use the net proceeds from the Public Offering and the Private Placement primarily to advance exploration and development of its wholly-owned Zonia Copper Project in Arizona.

Certain insiders of the Company purchased common shares in each of the Public Offering and the Private Placement. Insider participation in the Public Offering and the Private Placement is in each case a "related party transaction" within the meaning of Multilateral Instrument 61-101 – Protection of Minority Securityholders in Special Transactions ("MI 61-101"). Edge Copper relied on the exemption from formal valuation and minority shareholder approval requirements under section 5.5(a) and 5.7(1)(a) of MI 61-101, respectively, as the fair value of the common shares issued to insiders in each of the Public Offering and the Private Placement, and the consideration paid by the insiders therefor, does not exceed 25% of Edge Copper's market capitalization. The common shares issued in the Private Placement are subject to a statutory hold period of four months, expiring on October 9, 2026, pursuant to applicable securities laws and TSX Venture Exchange rules. In connection with the Private Placement, the Company paid a cash fee of C$6,251 to an arm's length registrant for services rendered in connection with one subscription.

In connection with the closing of the Public Offering, the Company paid to the underwriters cash commission in the aggregate amount of C$944,425, representing 2.5% of the gross proceeds of the Public Offering of common shares to certain insiders of the Company, and 5% of the gross proceeds of the Public Offering of common shares to the public. CIBC Capital Markets, Beacon Securities Limited, ATB Cormark Capital Markets and National Bank Financial Inc. received C$381,579, C$381,579, C$132,467 and C$44,156, respectively, and certain arm's length registrants received an aggregate of C$4,644.

About Edge Copper Corporation

Edge Copper Corporation is a copper-focused exploration and development company advancing its wholly-owned Zonia Copper Project, a past-producing heap leach operation on private land, located in Arizona's historic Walnut Grove mining district. With existing infrastructure and significant potential for resource expansion, the Zonia Copper Project is well-positioned to become a key U.S. copper development project. For more information, please visit www.edgecopper.com.

Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

EDGE COPPER FORWARD-LOOKING INFORMATION DISCLAIMER

This press release contains "forward-looking information" within the meaning of applicable Canadian provincial and territorial securities legislation. Forward-looking information includes, but is not limited to, statements with respect to: the use of proceeds of the Public Offering and Private Placement, the timeline for and development of the Zonia Copper Project, and other events or conditions that may occur in the future. Often, but not always, forward-looking information can be identified by the use of words and phrases such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or statements that certain actions, events or results "may", "could", "would", "should", "might" or "will" be taken, occur or be achieved and other similar expressions.

Forward-looking information involves known and unknown risks, uncertainties, assumptions and other factors which may cause Edge Copper's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by forward-looking information. These include, among others, risks relating to: Edge Copper's lack of revenue or history of earnings, cash flow from operations or profitability; the price of and demand for copper; estimates of mineral resources; exploration, development and operating risks; the laws and regulations governing prospecting, development, production and other matters; health, safety and environmental hazards; Edge Copper's lack of revenue from operations and the anticipated equity financing to finance ongoing exploration and development; the need for and access to additional financing; the cost and availability of commodities required by Edge Copper's operations; public health crises; the requirement for adequate infrastructure to support the Company's mining, processing, development and exploration activities; the receipt and maintenance of permits; hazards not covered by insurance; increasing timelines and permitting requirements for the development of Edge Copper's projects; challenges to or impairment of title to the Company's properties; competition in the mining industry; the public's concern relating to the perceived effects of mining activities on the environment and host communities; the evolving regulatory obligations of public companies; the Company's dependence upon key management personnel and executives and competition for qualified personnel; future potential claims and legal proceedings; the integration of the Zonia Copper Project and Edge Copper's ability to hire and establish good relations with employees; potential undisclosed liabilities acquired in connection with the acquisition of the Zonia Copper Project; the volatility of the trading price of Edge Copper's common shares; the possibility that Edge Copper grants rights that restrict its ability to obtain additional financing; Edge Copper's history with respect to the payment of dividends; fluctuation in the market price of the common shares; no assurance of a sufficient liquid trading market for the common shares in the future; future sales or issuance of common shares decreasing the value of any existing common shares, diluting investors' voting power and reducing Edge Copper's earnings per share; no guarantee of a positive return on an investment in the common shares; and Edge Copper's broad discretion to use the net proceeds from the offering. The forward-looking information in this press release is based on several assumptions, including: receipt of final approval from the TXS Venture Exchange; no significant changes in applicable securities laws; the accuracy of Edge Copper's assessment of the development of the Zonia Copper Project; stability or increase in medium- and long-term copper prices; stability of exchange rates; obtaining permitting; Edge Copper's management achieving its development goals at the Zonia Copper Project; and the absence of any other factors that could cause actions, events or results to differ from those anticipated, estimated, intended or implied.

Risks and uncertainties, many of which are difficult to predict and generally beyond Edge Copper's control, could cause actions, events or results to differ from those anticipated, estimated, intended or implied by forward-looking information. Readers are cautioned that the foregoing list is not exhaustive of all risks, uncertainties, assumptions and other factors. Edge Copper cannot assure readers that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Although Edge Copper has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information. Risks and uncertainties about Edge Copper's business are more fully discussed under the heading "Risk Factors" in Edge Copper's Annual Information Form dated as of March 20, 2026, which is available under Edge Copper's profile on SEDAR+ at www.sedarplus.ca.

The forward-looking information contained in this press release represents Edge Copper's views and expectations as of the date of this press release. Edge Copper expects that subsequent events and developments may cause its views to change. However, while Edge Copper may elect to update such forward-looking information at a future time, it has no current intention of doing so, except to the extent required by applicable law.

SOURCE Edge Copper Corporation

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