RESULT FROM BONDHOLDERS’ MEETING

25 Nov 2022 15:00 CET

Vancouver, British Columbia – November 25, 2022 – Copper Mountain Mining
Corporation 8% senior secured USD 250,000,000 bonds 2021/2026 with ISIN
NO0010968415 (the “Bond Issue”). Reference is made to the previous announcements
dated 9 November 2022 and 21 November 2022, respectively, related to the summons
to a Bondholders’ Meeting in the Bond Issue (as amended), in which the Issuer
has proposed that the Bondholders resolve to, inter alia, approve certain
amendments to the Bond Terms. The Issuer is pleased to announce that the
Bondholders’ Meeting was held today and the proposed resolution received 87.37%
of the votes and was consequently approved. Please see the attached minutes from
the Bondholders’ Meeting.
All capitalised terms used, but not defined herein, shall have the same meaning
assigned to them in the bond terms between Copper Mountain Mining Corporation
and Nordic Trustee AS dated 8 April 2021 (as amended and/or supplemented from
time to time, the “Bond Terms”).

More information:
Access the news on Oslo Bors NewsWeb site

576763_18159009_1_NO0010968415- Notice from Bondholders_ Meeting 25 November 2022.PDF