Canadian Copper, Inc. · CSE:CCI
Canadian Copper — Investor Presentation (May 2026)
22 slides from Canadian Copper's investor presentation, May 19, 2026
Slide 1: Only Mine to Mill in New Brunswick, Canada
PRESENTATION DECK 19 MAY 2026 CSE : CCI Only Mine to Mill in New Brunswick, Canada Positioning For Near-term Copper And Zinc Production In Bathurst, New Brunswick, Canada canadiancopper.com 1
Slide 2: Disclaimer
Disclaimer Forward-Looking Information and Statements This presentation contains “forward-looking information” for purposes of applicable Canadian securities laws. Forward-looking The Caribou Mine historical mineral resource estimates were derived from the technical report titled “Technical Report o
Slide 3: Project Financing Structure: 55% At CCI Discretion
19 MAY 2026 Project Financing Structure: 55% At CCI Discretion Why Project Financing Now? $38.4 • Ocean Partners: up to $48.0M in project debt • Ocean partners has committed to a possible $48.0 C$96M+ Funding Secured • Funds key development workstreams, including additional capital injection of 12.7
Slide 4: Ownership, Financing, & Capitalization
19 MAY 2026 Ownership, Financing, & Capitalization C A P I TA L S T R U C T U R E 31% Retail 16% Share Price (C$) $0.70 16% Ocean Partners 31% Current S/O 197M3 Canadian Copper 10% Institutional 10% Shareholders 197M Average Volume 500K Market Cap $137M 8% Shares Outstanding Cash $30M 8% Management
Slide 5: Steady Record of Execution
19 MAY 2026 Steady Record of Execution Advance Towards Production 2023 2024 2025 2026 2026E Q2: Q1: Q4: Q2: Q2: 72% Acquisition $2.1M sale of Ocean Partners Joint Strategy PEA - $169M Appointment of VP, Projects of Murray Brook noncore assets joins Board of NPV (Murray Brook + Caribou Approval for L
Slide 6: CCI Equity Financings (Trailing 12-Months)
19 MAY 2026 CCI EQUITY FINANCINGS (TRAILING 12-MONTHS) Each Financing Completed to Minimize Equity Dilution and Preserve Shareholder Value Announcement Premium (Discount) Price (C$) Volume (M) Financing Date Closing Date to 1D Close Premium (CAD) % $1.00 - $0.12 / unit for $1.0M July 12, 2023 July 3
Slide 7: Combined Strategy: Complementary Assets
CARIBOU PLANT COMPLEX Combined strategy: High way 180 Complementary Assets MURRAY BROOK DEPOSIT 2019 Production 75M lb Zn | 27M lb Pb | 705K Ag • 3,000 tpd C&M mill • 100% ownership; • Admin building, lab, power, water. m 0k • Permitted tailings • Advanced development ~1 • +21Mt @ 1.42% CuEq; 98% M&
Slide 8: Combined Strategy: Highlights June 2025 PEA
19 MAY 2026 Combined Strategy: Highlights June 2025 PEA 13.2 year BASE CASE ASSUMPTIONS US$4.25/lb Cu | US$1.30/lb Zn | US$27/oz Ag | US$1.10/lb Pb Mine Life PRE-TAX AFTER-TAX C$64M C$265 M C$169 M NPV (7%) NPV (7%) Initial Capex 30 M lbs CuEq OR 41% 36% IRR IRR 98 M lbs ZnEq Avg. Annual 3,300 tpd 1
Slide 9: Estimate of CCI Value: Trading Comparables
19 MAY 2026 Estimate of CCI Value: Trading Comparables ASSUMPTIONS NPV P/NAV P/NAV Average Scotia Mining: 0.53x EV/EBITDA Average Scotia Mining: 4.4x (2027 E) C$169M P/NAV Range EV/EBITDA Range $0.19 $0.64 Low Low EBITDA C$35M/Year EV/EBITDA $0.53 Average $0.83 Average $1.18 $1.93 High High Using Sp
Slide 10: Significant Rerate Potential
19 MAY 2026 SIGNIFICANT RERATE POTENTIAL CANADIAN COPPER VS FORAN MINING TRANSACTION Eldorado Gold to Acquire Foran for Total Consideration of C$3.8B Significant Re-Rate Potential for Canadian Copper Equity Value C$124M (1) C$3,800M (2) EV / M&I CuEq lbs (C$) Commodity Cu-Zn-Pb-Ag-Au Cu-Zn-Pb-Ag-Au
Slide 11: Path to Development
19 MAY 2026 Path to Development Activity Q4 2026 2027 2028 Complete Financing Close Caribou Transaction Metallurgical Drilling Metallurgical Program v Complete Baseline Permitting Identify Design Gaps: PFS or FS Review Submit EIA Commence Engineering and Site Works EIA Approval Submit Construction P
Slide 12: Murray Brook is Key to Caribou Increasing Throughput
19 MAY 2026 Murray Brook is Key to Caribou Increasing throughput CARIBOU OPERATION UG ore delivery Start/stop of mill impacted UG ore delivery challenges 2018 — 2019 challenges increased costs maintenance impacted costs 2,500 TPD @ $35/T1 PROCESSED Murray Brook Advantage ü OP ore reliable and reduce
Slide 13: Murray Brook Deposit Extensions – Drilling Q2, 2026
19 MAY 2026 Murray Brook Deposit Extensions – Drilling Q2, 2026 MB2019-02 MB2018-03 MB2012-65 0.82%Cu over 34.0m 0.79%Cu, 2.95% Pb-Zn, 0.81%Cu, 2.20% Pb-Zn, 33 g/t Incl. 1.42%Cu, 0.15g/t 29 g/t Ag over 99.6m Ag, 0.55 g/t Au over 81.8m Au over 16.3m Incl. 3.04% over 19.0m Incl. 4.07% over 11.0m • 250
Slide 14: Caribou Horizon Trend Consolidation
19 MAY 2026 Caribou Horizon Trend Consolidation Canadian Copper Property is 18km Connects two Former Producing Operations Underexplored with +30 Years Historical Production 5 km from Highway #180 0 Caribou Mine #18 Produced +700Mlbs of Murray Brook West Project w ay h Hig Zinc, Lead, and Silver km •
Slide 15: Proposed Access Roads
19 MAY 2026 Proposed Access Roads • Both previously disturbed sites Provincial Highway Route #180 • Sites connected by Crown Land • Town of Bathurst ~ 31 minutes by Car • Development site entirely connected by Provincial Highway Route #180 15
Slide 16: MOU with Pabineau First Nation
19 MAY 2026 The MOU aims to foster open communication and collaboration on mineral development opportunities in New Brunswick. Creates mutual benefits, including job creation, contracting opportunities, and potential business partnerships for Pabineau MOU with Pabineau First Nation. First Nation Oct
Slide 17: Management Team and Board of Directors
19 MAY 2026 MANAGEMENT TEAM SIMON QUICK , MBA ERIK H. MARTIN , CMA CHRISTIAN BROUSSEAU , P.Eng. MBA CEO CFO VP, PROJECTS BOARD OF DIRECTORS ANDREW ELINESKY , CPA MARCEL ROBILLARD , P.Geo ANDRE TESSIER , P.Eng., MSc. Geo THOMPSON HICKEY , P.Eng., MBA BRENT OMLAND, CA 17
Slide 18: Thank you
Thank you Simon Quick Chief Executive Officer simon@canadiancopper.com 905.220.6661 18
Slide 19: Appendix A: 2023 Mineral Resource
Appendix A: 2023 Mineral Resource1 1 US metal prices $4.00/lb Cu, $1.25/lb Zn, $0.95/lb Pb, and $23/oz Ag at $0.76 USD/CAD. 19 1 Process recoveries used were 80% Cu, 87% Zn, 75% Pb, and 90% Ag.
Slide 20: Appendix B: Capital Cost
19 MAY 2026 Appendix B: Capital Cost1 Sustaining Capex Capex CARIBOU MILL PURCHASE $6 C$ 49M MINING - OTHER 29 WATER TREATMENT 0.2 Mining & Plan Equipment PROCESS PLANT 7 ON SITE Tailings Storage Facility 1 C$64M INFRASTRUCTURE Water Treatment plant INDIRECTS 6 Haul Road PROJECT DELIVERY 4 OWNERS CO
Slide 21: Appendix C: PEA Production Metrics
19 MAY 2026 Appendix c: Pea Production Metrics Production Costs Mine Life 13.2 years Initial Capex Sustaining Capex 30 M lbs CuEq Average Annual Production 98 M lbs ZnEq C$64M C$49M Avg. Annual Copper Production 8 M lbs Cu Avg. Annual Zinc Production 47 M lbs Zn AISC LOM Total Cost Per Tonne Ore Avg
Slide 22: Appendix D: Murray Brook Resource Estimate
19 MAY 2026 Appendix D: Murray Brook Resource Estimate Summary Of Contained Metals MRE is >98%+ Measure and Indicated Resources COPPER ZINC SILVER LEAD GOLD Mlbs % Mlbs % Moz g/t Mlbs % Koz g/t Measured 211 0.45 1,157 2.45 26 38 421 0.91 378 0.56 & Indicated Inferred 1.0 0.4 4.4 1.82 0.1 30 1.6 0.68