Sign Up

Copper Quest Announces $1,950,000 Investment by Strategic International Investor 'Concept Capital Management' a Foundational Investor in Mining and Exploration Companies

Not for distribution to the United States newswire services or for dissemination in the United States

VANCOUVER, British Columbia, Jan. 26, 2026 (GLOBE NEWSWIRE) -- Copper Quest Exploration Inc. (CSE:CQX, OTCQB:IMIMF, FRA: 3MX)) ("Copper Quest" or the "Company") is pleased to announce that it plans to complete a non-brokered, bought deal, strategic private placement (the "Private Placement") with Concept Capital Management Ltd. (the "Concept Capital Management") by issuing up to an aggregate of 15,000,000 units (the "Units") at a price of C$0.13 per Unit for gross proceeds of up to C$1,950,000. Copper Quest is pleased to welcome this new strategic investor who shares the Company's long-term view of investment and provides foundational financing for Mining and exploration companies to complete exploration and feasibility studies.

The Board of Concept Capital Management stated: "We are very excited for the opportunity to invest in a company that we see has great potential to advance multiple notable properties. Our management group is focused on up-and-coming copper properties that we feel have undervalued discovery hole results such as the Stars and Kitimat properties owned by Copper Quest. We also see exceptional value in gold properties we believe could quickly increase current gold resources through drilling. We are particularly interested in stable, mining friendly jurisdictions such as British Columbia and so we feel Copper Quest is just a great investment opportunity for us."

Brian Thurston, CEO of Copper Quest, comments: "We're thrilled to welcome Concept Capital as a new cornerstone investor into Copper Quest and thankful for their shared vision to grow shareholder value through the acquisition and advancement of multiple properties by drilling and discovery. This hard dollar investment into Copper Quest adds another level of value for our shareholders through a strong treasury and working capital that allows the Company to expand its planned exploration and drilling operations for the 2026 season."

Strategic International Private Placement

Each Unit consists of one (1) common share in the capital of the Company (a "Share") and one Share purchase warrant, whereby each Share purchase warrant (a "Warrant") shall be convertible into an additional Share (a "Warrant Share") at an exercise price of C$0.165 per Warrant Share. Each Warrant shall expire on the date that is two (2) years following the date of issuance (the "Expiry Date"). The Expiry Date of the Warrants may be accelerated if the closing price of the Shares on any Canadian stock exchange equals or exceeds $0.50 for ten (10) consecutive trading days at any time following the date that is four months and one day after the date of issue of the Warrants, such that the Warrants shall expire on the date which is 30 calendar days following the date a news release is issued by the Company announcing the accelerated expiry date of the Warrants.

Proceeds from the Private Placement are intended for exploration activities and general working capital purposes. Closing of the Private Placement is subject to the receipt of all necessary regulatory and other approvals and is expected to take place on or before ...