On June 6, 2023, Doré Copper Mining Corp. closed the transaction. The company issued up to 5,760,000 common shares at the price of CAD 0.20 per unit for gross proceeds of up to CAD 1,152,000, up to 1,900,002 Traditional Flow-Through shares at a price of CAD 0.24 for gross proceeds of up to CAD 456,000.48, and up to 2,875,000 Charitable Flow-Through Shares at a price of CAD 0.415 for gross proceeds of up to CAD 1,193,125 for aggregate gross proceeds of up to CAD 2,801,125.48.

Canaccord Genuity Corp. and Canaccord Genuity Corp. acted as finders in connection with the transaction.

In consideration for acting as a Finder in connection with the transaction, the Corporation paid an aggregate of CAD 21,000 in cash finder's fees to the Finders, representing 6% of the gross proceeds of the offered common shares and traditional flow-through shares that were sold to subscribers introduced by such parties, and issued an aggregate of 91,500 non-transferable warrants to purchase common shares in the capital of the Corporation to the Finders, representing 6% of the Offered Common Shares and Traditional Flow-Through Shares that were sold to subscribers introduced by such parties, with each Finder's Warrant being exercisable for one Finder's Warrant Share at a price of $0.20 per Finder's Warrant Share until June 5, 2025. In addition, the Corporation also paid fees in the amount of approximately $20,000 (plus applicable taxes) in respect of one subscription under the Offering. The transaction included participation from Mario Stifano, the Executive Chairman of the Corporation, Ernest Mast, the President and Chief Executive Officer and a director of the Corporation, 1974899 Ontario Ltd. ("1974899"), a corporation wholly-owned by Gavin Nelson, the Chief Financial Officer of the Corporation, and funds managed by Equinox Partners Investment Management, LLC ("Equinox Partners"), an insider of the Corporation, subscribed for 125,000 Offered Common Shares, 208,334 Traditional Flow-Through Shares, 100,000 Offered Common Shares and 500,000 Offered Common Shares, respectively, under the Offering on the same terms as arm's length investors.

Additionally, the Corporation understands that funds managed by Equinox Partners were party to an arrangement with the initial subscribers of the Charitable Flow-Through Shares or donees thereof, pursuant to which funds managed by Equinox Partners purchased 2,875,000 common shares in the capital of the Corporation. The Offering was made by way of private placement in each of the provinces of Canada pursuant to applicable exemptions from the prospectus requirements and, in the case of the offered common shares, in certain other jurisdictions, in each case in accordance with all applicable laws. The offering of the offered Common Shares was conducted on a private placement basis to persons in the United States who are "accredited investors", as such term is defined in Rule 501(a) of Regulation D ("Regulation D") under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), and in compliance with Rule 506(b) of Regulation D and applicable United States securities laws.

The securities issued under the Offering are subject to a four month hold period under applicable Canadian securities laws which will expire on October 7, 2023. The Offering is subject to final acceptance of the TSX Venture Exchange.