Copper Giant Secures Denarius Investment, Trafigura Offtake Deal

Copper Giant Resources Corporation has strengthened the future of its Mocoa copper project in Colombia by securing a major strategic investment from Denarius Metals Corporation and signing a long-term offtake agreement with global commodities trader Trafigura. The two agreements provide the company with financial support, commercial certainty, and a stronger path toward project development.

Under a definitive agreement, Denarius Metals will become a significant shareholder in Copper Giant through a non-brokered private placement. The financing will generate total gross proceeds of approximately C$30.9 million, with Denarius contributing C$28.8 million as the lead investor. Copper Giant President Ian Harris and company founder Frank Giustra are also participating in the financing, demonstrating continued confidence in the project's long-term potential.

The company plans to issue nearly 43 million common shares at C$0.72 per share. Around 40 million of these shares will be allocated to Denarius, giving it an ownership stake of approximately 15.6% upon completion of the transaction.

In a separate agreement, Copper Giant granted Trafigura long-term rights to purchase a portion of the future production from the Mocoa project. Once commercial operations begin, Trafigura will purchase 20% of the project's copper concentrate and 20% of its molybdenum concentrate for a ten-year period. The offtake agreement remains subject to the successful completion of the financing transaction.

According to Ian Harris, the combined financing and offtake agreement significantly strengthens the Mocoa project's outlook. The investment provides the capital required to advance development beyond the ongoing preliminary economic assessment and move closer to a final construction decision. At the same time, Trafigura's participation secures a reliable marketing channel for future concentrate production, reducing commercial risk for the project.

As part of the strategic partnership, Copper Giant will appoint Colombian attorney and political strategist Carlos Augusto Suárez Rojas to its board of directors. Additionally, Denarius Chief Executive Officer Federico Restrepo-Solano will join Copper Giant's advisory board, bringing valuable regional expertise and mining industry experience.

Harris emphasized that the transaction marks a major milestone for the company. He noted that Denarius contributes long-term financial backing, while Trafigura offers extensive global marketing capabilities and commodity trading expertise. Together, the partnerships strengthen Copper Giant's position as it advances one of Colombia's most significant undeveloped copper projects at a time when global demand for copper continues to rise due to electrification, renewable energy expansion, and infrastructure investment.

Impact on the Product and Chemical Commodity Prices

The investment and long-term offtake agreement improve the development prospects of the Mocoa copper project, enhancing confidence in future copper and molybdenum concentrate supply. Although commercial production remains several years away, the agreements reduce financing and marketing risks, increasing the likelihood of timely project execution. In the near term, prices of copper and molybdenum tracked by ChemAnalyst are expected to see minimal impact because no immediate supply enters the market. Over the medium to long term, successful project development could modestly improve global concentrate availability, helping ease supply constraints and supporting greater price stability, particularly if global demand continues to expand.