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King Copper Discovery Corp. Appoints Justin Blanchet to Board of Directors

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King Copper Discovery Corp. (OTCQB:TBXXF) has announced the appointment of Justin Blanchet to its Board of Directors. Blanchet, currently serving as CFO of K92 Mining Inc., brings over 20 years of experience in finance, capital markets, M&A, governance, and regulatory compliance.

Additionally, the Company has granted 4,050,000 stock options at $0.50 per share with a five-year term and 6,990,000 restricted stock units (RSUs) with a two-year vesting period to directors, employees, and consultants.

[ "Appointment of experienced mining professional with over 20 years of expertise", "Current CFO of K92 Mining brings valuable operational and financial expertise", "Strong treasury position highlighted by new board member" ]

King Copper Discovery Corp. (OTCQB:TBXXF) ha annunciato la nomina di Justin Blanchet nel Consiglio di Amministrazione. Blanchet, attualmente CFO di K92 Mining Inc., porta oltre 20 anni di esperienza in finanza, mercati finanziari, fusioni e acquisizioni, governance e conformità normativa.

Inoltre, la Società ha concesso 4.050.000 stock option a 0,50 USD per azione con una durata di cinque anni e 6.990.000 RSU (restricted stock units) con un vesting di due anni a direttori, dipendenti e consulenti.

King Copper Discovery Corp. (OTCQB:TBXXF) ha anunciado el nombramiento de Justin Blanchet como miembro de su Junta Directiva. Blanchet, actualmente CFO de K92 Mining Inc., aporta más de 20 años de experiencia en finanzas, mercados de capital, fusiones y adquisiciones, gobernanza y cumplimiento normativo.

Además, la Compañía ha otorgado 4.050.000 opciones sobre acciones a 0,50 USD por acción con una duración de cinco años y 6.990.000 unidades de acciones restringidas (RSU) con un periodo de vesting de dos años a directores, empleados y consultores.

King Copper Discovery Corp. (OTCQB:TBXXF)가 이사회에 Justin Blanchet를 임명했다고 발표했습니다. Blanchet는 현재 K92 Mining Inc.의 CFO로 재직 중이며 재무, 자본시장, 인수합병, 거버넌스 및 규정 준수 분야에서 20년이 넘는 경력을 보유하고 있습니다.

또한 회사는 이사, 임직원 및 컨설턴트에게 주당 0.50달러의 4,050,000주 옵션과 2년의 베스팅 기간이 있는 6,990,000주의 RSU를 부여했습니다.

King Copper Discovery Corp. (OTCQB:TBXXF) a annoncé la nomination de Justin Blanchet au conseil d’administration. Blanchet, actuellement directeur financier de K92 Mining Inc., apporte plus de 20 ans d'expérience en finance, marchés des capitaux, fusions et acquisitions, gouvernance et conformité réglementaire.

De plus, la société a accordé 4 050 000 options d'achat d'actions à 0,50 USD par action d'une durée de cinq ans et 6 990 000 unités d'actions restreintes (RSU) avec une période d'acquisition de deux ans aux administrateurs, employés et consultants.

King Copper Discovery Corp. (OTCQB:TBXXF) hat die Ernennung von Justin Blanchet in den Verwaltungsrat bekannt gegeben. Blanchet ist derzeit CFO von K92 Mining Inc. und bringt über 20 Jahre Erfahrung in Finanzen, Kapitalmärkten, M&A, Governance und Compliance mit.

Zusätzlich hat das Unternehmen 4.050.000 Aktienoptionen zu je 0,50 USD mit einer Laufzeit von fünf Jahren sowie 6.990.000 RSUs (Restricted Stock Units) mit einer vesting-Periode von zwei Jahren an Direktoren, Mitarbeiter und Berater vergeben.

King Copper Discovery Corp. (OTCQB:TBXXF) أعلنت عن تعيين جاستن بلانشيت في مجلس إدارتها. بلانشيت، الذي يشغل حالياً منصب المدير المالي لشركة K92 Mining Inc.، يجلب أكثر من 20 عاماً من الخبرة في المالية والأسواق المالية والاندماج والاستحواذ والحكم والامتثال التنظيمي.

كما منحت الشركة 4,050,000 خيار أسهم بسعر 0.50 دولار للسهم لمدة خمس سنوات و6,990,000 وحدة أسهم مقيدة (RSUs) بفترة vesting مدتها سنتان إلى المدراء والموظفين والمستشارين.

King Copper Discovery Corp.(OTCQB:TBXXF)宣布任命 Justin Blanchet 为董事会成员。Blanchet 现任 K92 Mining Inc. 的首席财务官,在金融、资本市场、并购、治理及合规方面拥有超过 20 年的经验

此外,公司向董事、员工及顾问授予 4,050,000 份股票期权,执行价为每股 0.50 美元,任期五年,以及 6,990,000 份受限股票单位(RSU),两年内完成归属。

Positive
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  • Significant equity compensation grants may lead to future dilution

VANCOUVER, British Columbia, Sept. 19, 2025 (GLOBE NEWSWIRE) -- King Copper Discovery Corp. (“King Copper”, or the “Company”; KCP-TSXV, TBXXF-OTCQB, 3RI-FSE) is pleased to announce the appointment of Mr. Justin Blanchet to the Company’s Board of Directors.

Mr. Blanchet is a mining professional with over 20 years of experience in the areas of finance, capital markets, M&A, governance and regulatory compliance.  Mr. Blanchet is currently the Chief Financial Officer of K92 Mining Inc. (“K92”), which owns and operates the Kainantu Gold Mine, a high-grade, low-cost and rapidly expanding gold-copper mine in Papua New Guinea, a position he has held since K92’s inception.

Mr. Blanchet is a Canadian Chartered Professional Accountant and a U.S. Certified Public Accountant (Washington and Illinois).

Mr. Blanchet states, “I am pleased and excited to be joining the King Copper team with its compelling project, strong treasury and experienced technical team. I look forward to contributing as a member of the Board of Directors to help unlock value as the Company pursues its exploration strategy.”

Grant of Stock Options and RSUs

The Company announces that it has granted options to acquire a total of 4,050,000 common shares of the Company to directors, employees, and consultants, pursuant to the Company's Stock Option Plan, at the exercise price of $0.50 per share for a period of five years.

Additionally, the Company has granted 6,990,000 restricted stock units (“RSUs”) to officers, directors, employees, and consultants of the Company under the terms of the Company’s restricted share unit plan (the “RSU Plan”) and which have a two-year vesting period

On Behalf of the Company,

Jonathan Richards, Chief Executive Officer

Website: kingcopperdiscovery.com
Address: #1507 - 1030 West Georgia St, Vancouver, BC V6E 3M5.

For Investor Relations enquiries, please contact +1 604 229 5208 or via info@kingcopperdiscovery.com.

Statements

About King Copper Discovery Corp and Our Projects: King Copper is a TSXV-listed exploration company focused on the Colquemayo gold-copper project in South America. The Company is led by a team responsible for multiple gold-copper-silver discoveries.

Forward Looking Statement: This news release includes certain statements that may be deemed “forward-looking statements”. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements, including the expected use of proceeds from the Financing.

Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include the receipt of regulatory approvals, market prices, continued availability of capital and financing, and general economic, market or business conditions, as well as legal, social, and economic conditions in Argentina and Peru, where the Company’s mineral exploration properties are located. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

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 release or has in any way approved or disapproved of the contents of this press release.


FAQ

Who is Justin Blanchet and what is his role at King Copper Discovery (TBXXF)?

Justin Blanchet is the newly appointed Board Director at King Copper Discovery. He is currently the CFO of K92 Mining Inc. and brings over 20 years of experience in finance, capital markets, M&A, governance, and regulatory compliance.

How many stock options did King Copper Discovery (TBXXF) grant in September 2025?

King Copper Discovery granted 4,050,000 stock options at an exercise price of $0.50 per share with a five-year term to directors, employees, and consultants.

What is the vesting period for the RSUs granted by King Copper Discovery (TBXXF)?

The 6,990,000 RSUs granted to officers, directors, employees, and consultants have a two-year vesting period.

What are Justin Blanchet's professional qualifications?

Justin Blanchet is a Canadian Chartered Professional Accountant and a U.S. Certified Public Accountant (Washington and Illinois) with over 20 years of experience in mining finance and operations.
King Copper Discovery Corp

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