CopperTech Metals Announces Public Filing of Registration Statement for Proposed Initial Public Offering

CopperTech Metals Inc. ("CopperTech" or the "Company") today announced that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") relating to the proposed initial public offering of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. CopperTech intends to list its common stock on the New York Stock Exchange, under the symbol “CUX.”

Citigroup and Cantor are acting as joint book-running managers for the proposed offering. BMO Capital Markets, RBC Capital Markets, TD Securities, Stifel, William Blair, and Needham & Company are acting as book runners for the proposed offering, with Roth Capital acting as co-manager.

The proposed offering of these securities will be made only by means of a prospectus. When available, copies of the preliminary prospectus relating to the proposed offering may be obtained from: Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone: +1 800-831-9146, or by email at prospectus@citi.com; or Cantor, Attention: Capital Markets, 110 East 59th Street, 6th Floor, New York, New York 10022, or by email at prospectus@cantor.com.