Canada One Mining Corp. announced that it has entered into an option agreement, effective date August 31st, 2021 pursuant to which the company will acquire the right to earn a 100% interest, subject to a 2% royalty, in the Franelle Copper Project, a 31 square kilometre contiguous property located 90 kilometres northwest of Schefferville, Quebec, from Messrs. Fayz and Ramy Yacoub, arm's length parties. The company can earn a 100% interest in the Franelle Copper Project, subject to a 2% net smelter return royalty by meeting the following terms: Issuing 3,000,000 shares as follows: 500,000 Shares within five business days of approval of the TSX Venture Exchange; An additional 500,000 Shares on or before the first anniversary of the Approval Date; An additional 500,000 Shares on or before the second anniversary of the Approval Date; An additional 500,000 Shares on or before the third anniversary of the Approval Date; An additional 500,000 Shares on or before the fourth anniversary of the Approval Date; and An additional 500,000 Shares on or before the fifth anniversary of the Approval Date. Making cash payments totaling $300,000 as follows: $25,000 payable on signing of the Agreement as non-refundable deposit; An additional $25,000 payable within 15 days from signing of the Agreement as further non-refundable deposit; An additional $50,000 payable on or before the first anniversary of the Approval Date; An additional $50,000 payable on or before the second anniversary of the Approval Date; An additional $50,000 payable on or before the third anniversary of the Approval Date; An additional $50,000 payable on or before the fourth anniversary of the Approval Date; and An additional $50,000 payable on or before the fifth anniversary of the Approval Date. Incurring $5,000,000 in Exploration Expenditures on the Property as follows: $250,000 within 12 months from the Approval Date; An additional $250,000 within two years from the Approval Date; An additional $250,000 within three years from the Approval Date; An additional $250,000 within four years from the Approval Date; An additional $250,000 within five years from the Approval Date; and An additional $3,750,000 at any time, in any number of proportions and amounts, within five years from the Approval Date. In addition, in the event the company files a technical report supporting the disclosure of a mineral reserve on the Project at any time prior to the acquisition of the Project, the company shall issue an additional 1,000,000 shares as a bonus to the Vendors. The company can purchase 50% (or 1%) of the net smelter return royalty on the Project at any time for $2,000,000.