Copper Ridge Exploration Inc. announced a non-brokered private placement of 4,400,000 flow-through shares and at a price of CAD 0.75 per flow-through Share for gross proceeds of CAD 3,300,000 on December 16, 2022.All securities issued will be subject to a four-month hold period. The transaction is subject to the approval of the Canadian Securities Exchange. No fees or commissions will be payable by the Company in connection with the transaction.

The transaction is part of a charitable donation arrangement structured by PearTree Securities Inc.