CopAur Minerals Agrees to Terms with Omega Pacific Resources on the Williams Property

Rhea-AI Summary

CopAur Minerals (TSXV:COPAF) announced an amendment to the Williams Property Option/Joint Venture Agreement with Omega Pacific Resources (CSE:OMGA) to accelerate Omega's acquisition of a 100% interest in the Williams Property.

Key facts: Omega previously earned 51% after paying $1,000,000 cash and issuing 3,000,000 shares; Omega may acquire the remaining 49% on or before December 4, 2025 by issuing 3,300,000 common shares to CopAur. The Williams Property returned drill results including 1.69 g/t Au over 104 m and 2.16 g/t Au over 96.9 m from Omega's 2024 program.

CopAur said the amendment lets it concentrate on its Nevada properties while remaining a significant Omega shareholder.

Positive

• $1,000,000 cash previously received from Omega
• Receipt of 3,000,000 Omega shares in 2024
• Potential receipt of 3,300,000 Omega shares for remaining 49% by Dec 4, 2025
• Strong 2024 drill results: 1.69 g/t Au over 104 m

Negative

• CopAur will relinquish up to 49% ownership of Williams Property
• CopAur reduces direct exposure to potential future upside at Williams Property

Vancouver, British Columbia--(Newsfile Corp. - November 25, 2025) - CopAur Minerals Inc. (TSXV: CPAU) ("CopAur" or the "Company") announces that pursuant to the press release on November 24^th, 2025, by Omega Pacific Resources Ltd (CSE: OMGA) ("Omega"), that CopAur and Omega (the "Parties") have completed an amendment of the Williams Property (the "Property") Option/Joint Venture Agreement (the "Option Agreement") to accelerate Omega's acquisition of a 100% interest in the Property.

On February 29, 2024, the Parties entered into an Option Agreement (see CopAur's March 1^st, 2024, press release) whereby Omega could earn up to a 100% interest in the Williams Property. On April 24^th, 2024, CopAur announced the receipt of $1 million in cash and 3 million Omega shares from Omega, which along with agreed upon exploration expenditures and other considerations, allowed Omega to earn a 51% interest in the Williams property. On November 12^th, 2024, Omega exercised its option to acquire a 51% interest in the property.

On November 20^th, 2025, the Parties entered into a second amendment to the Option Agreement whereby Omega has the option to acquire the remaining 49% interest in the Williams Property from CopAur on or before December 4^th, 2025, by issuing to CopAur, 3.3 million common shares in the capital of Omega.

"CopAur is confident that the Williams Property, located in BC's re-emerging Toodoggone District and the Golden Horseshoe, which is widely regarded as a tier-one exploration region, holds tremendous, untapped mineral value as confirmed during Omega's 2024 drill program that returned values of 1.69 g/t Au over 104 metres and 2.16 g/t Au. over 96.9 metres. Omega has the requisite skill set to further develop this property, and this agreement allows CopAur to concentrate our efforts on our Nevada properties. We look forward to following developments at the Williams Property as a significant shareholder of Omega," commented Andrew Neale, CEO.

About CopAur
CopAur is a mine development company focused on projects within the emerging, mineral-rich gold mining regions of Nevada. The Company is backed by a dynamic and experienced team of resource professionals advancing its projects in Nevada with the flagship project being Kinsley Mountain Gold Project, a Carlin-style project located in the Kinsley Mountains in Eastern Nevada, approximately 80 km SSW of West Wendover.

ON BEHALF OF THE BOARD OF COPAUR MINERALS INC.
Andew Neale, Chief Executive Officer

For more information, please contact:

Andrew Neale, Chief Executive Officer
Email: ir@copaur.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Forward-Looking Information

This news release contains forward-looking statements. All such statements involve substantial known and unknown risks, uncertainties and other factors which may cause the actual results to vary from those expressed or implied by such forward-looking statements. Forward-looking statements involve significant risks and uncertainties, they should not be read as guarantees of future performance or results and they will not necessarily be accurate indications of whether or not such results will be achieved. Actual results could differ materially from those anticipated due to a number of factors and risks. Although the forward-looking statements contained in this news release are based upon what management of the Company believes are reasonable assumptions on the date of this news release, the Company cannot assure investors that actual results will be consistent with these forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof and the Company disclaims any intention or obligation to update or revised any forward-looking statements whether as a result of new information, future events or otherwise, except as required under applicable securities regulations.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/275831

FAQ

What did CopAur (COPAF) agree with Omega on the Williams Property on November 25, 2025?

CopAur agreed to an amendment allowing Omega to acquire the remaining 49% interest by issuing 3,300,000 Omega shares on or before Dec 4, 2025.

How much cash and stock did CopAur already receive from Omega for Williams Property?

CopAur received $1,000,000 in cash and 3,000,000 Omega shares as part of earlier option transactions.

What drill results did Omega report on the Williams Property in 2024?

Omega's 2024 drill program returned results including 1.69 g/t Au over 104 m and 2.16 g/t Au over 96.9 m.

When must Omega complete the acquisition of the remaining 49% from CopAur?

Omega has the option to acquire the remaining 49% on or before December 4, 2025.

How does the agreement affect CopAur's strategic focus?

The agreement lets CopAur concentrate on its Nevada properties while remaining a significant shareholder in Omega.