General Disclaimer

This web site contains certain forward-looking statements within the meaning of Canadian securities legislation (the “Forward-looking Statements”), including with respect to: the plans of CopperCorp Resources Inc. (the “Company” or “CopperCorp”); exploration and drill programs at the Company’s Alpine prospect in Tasmania, Australia, the discovery potential over the Company’s land holdings; access to ongoing funding; future trends regarding copper and the need for more copper in relation to certain industries and a trend towards a green economy, including the increased use of electric vehicles, a transition from fossil fuels, and increased use of solar energy; trends regarding recycling abilities related to copper and that existing copper mines will not be able to meet future demand; funding of the drilling program; trends regarding political stability and certainty across countries that produce copper; trends regarding water stress levels; and the merits of the Alpine prospect. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “aims,” “potential,” “goal,” “objective,” “prospective,” and similar expressions, or that events or conditions “will,” “would,” “may,” “can,” “could” or “should” occur, or are those statements, which, by their nature, refer to future events. The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

Important factors that could cause future results to differ materially from those anticipated in these forward-looking statements include uncertainties related to: fluctuations in copper and other commodity prices; uncertainties inherent in the exploration of mineral properties; uncertainties related to the need for copper in certain industries in the future and governments’ commitments to a greener economy; the impact and progression of the COVID-19 pandemic; that the Company may experience difficulties in drilling and carrying out related work; changing costs for mining and processing; increased capital costs; the timing and content of upcoming work programs; geological interpretations based on drilling that may change with more detailed information; the risk that the Company may lose access to any of its properties; the risks that the Company may not find any minerals in commercially feasible quantities; that the Company may not raise enough money to fund its exploration plans; uncertainty of development plans and cost estimates; commodity price fluctuations; political or economic instability and regulatory changes; currency fluctuations; the state of the capital markets; uncertainty in the measurement of mineral reserves and resource estimates; the Company’s ability to attract and retain qualified personnel and management; potential labour unrest; uncertainty as to reclamation and closure requirements for its mineral properties; unpredictable risks and hazards related to the exploration and development and operation of a mine or mineral property that are beyond the Company’s control; and other risk factors set forth in the Company’s final prospectus dated November 10, 2021 under the heading “Risk Factors”. The reader is urged to refer to the Company’s prospectus and other filings, publicly available through the Canadian Securities Administrators’ System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com for a more complete discussion of such risk factors and their potential effects. Except to the extent required by applicable securities laws and the policies of the TSX Venture Exchange, the Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change. New factors emerge from time to time, and it is not possible for the Company to predict all of them or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any Forward-looking Statement. Any Forward-looking Statements contained in this web site are expressly qualified in their entirety by this cautionary statement.

Information of a scientific nature related to the Alpine prospect included in this web site is based on the the technical report dated effective April 18, 2021, entitled “Independent Technical Report on EL2/2018 Tasmania Australia” prepared by Tim Callaghan, BSc (Hons), M. Econ. Geol., MAusIMM., MAIG, an independent consulting geologist, in accordance with the requirements of National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”).

Sean Westbrook, VP Exploration for the Company, and a qualified person pursuant to NI 43-101, has reviewed and approved the scientific and technical information contained in this web site. Mr. Westbrook has verified the data disclosed herein, including sampling, analytical and test data underlying the technical information contained herein.

While the information contained in this web site is believed to be accurate, CopperCorp expressly disclaims any and all liability for any losses, claims or damages of whatsoever kind based upon the information contained in, or omissions from, this web site or any oral communication transmitted in connection therewith. In addition, none of the statements contained in this web site are intended to be, nor shall be deemed to be, representations or warranties of the Company. Where the information is from third-party sources, the information is from sources believed to be reliable, but the Company has not independently verified any of such information contained herein.

This web site is not, and under no circumstances is to be construed as, a prospectus, an offering memorandum, an advertisement or a public offering of securities. Under no circumstances should the information contained herein be considered an offer to sell or a solicitation of an offer to buy any securities.

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