Gunnison Copper Announces Closing of Oversubscribed C$34.5 Million Bought Deal Public Offering

Phoenix, Arizona--(Newsfile Corp. - June 3, 2026) - Gunnison Copper Corp. (TSX: GCU) (OTCQB: GCUMF) (FSE: 3XS0) ("Gunnison" or the "Company") is pleased to announce that it has closed its previously announced bought deal public offering, pursuant to which the Company sold 82,144,500 common shares (the "Common Shares"), including the full exercise of the over-allotment option granted by the Company of 10,714,500 Common Shares, at a price of C$0.42 per Common Share for gross proceeds of approximately C$34.5 million (the "Offering"). The Offering was conducted by a syndicate of underwriters led by Canaccord Genuity Corp. ("Canaccord Genuity"), as sole bookrunner, on behalf of a syndicate of underwriters that included Paradigm Capital Inc., as co-lead underwriter with Canaccord Genuity, and Ventum Financial Corp. and CIBC Capital Markets.