INCENTIVE PROGRAM FULLY SUBSCRIBED

On May 17th 2018, the Annual General Meeting of Copperstone Resources AB (below "Copperstone" or "the Company") resolved upon an incentive program for a maximum number of warrants corresponding to 2,000,000 B-shares . The program/warrants has now been fully subscribed. The warrants have three years to maturity and the exercise price is 3.13 SEK per share of Series B. The maximum dilution amounts to 0.82% of the number of shares and votes in Copperstone.

The subscribed warrants, which will be distributed from the subsidiary Argo AB, were allocated as follows:

Chris McKnight 1,050,000, Michael Mattsson 375,000, Niclas Löwgren 325,000, Ann Zetterberg 150,000, and Petter Tiger 100,000.

The Company will receive 6,260,000 SEK if the warrants are exercised by Friday 21st May, 2021. Copperstone will initially receive SEK 70,000 from the subscribers (as a market value premium paid for the warrants), or approx. SEK 20,000 net after legal and financial costs.

"We are grateful towards the shareholders acknowledging our hard work and providing key persons an extra reward, motivation and incentive for the exciting years ahead" comments Copperstone Chairman Michael Mattsson.

Danderyd 22nd May 2018

For further information, please contact Chris McKnight (CEO) at +46(0)580-88890, info@copperstone.se or refer to Copperstone webpage: www.copperstone.se.

The information was delivered by the above mentioned contact for publishing 22nd May 2018 at 1430 CET.

About Copperstone

Copperstone is a public company trading as COPP B on NASDAQ First North (Stockholm). The Certified Adviser is Augment Partners AB. The Company is focused on base and precious metal exploration in the vicinity of the internationally recognized mining region of the Skellefte-field in northern Sweden. The Copperstone project is situated on four contiguous exploration permits in Norrbotten County (Sandberget 100 (8074ha), Sandberget 200 (19ha), Sandberget 300 (19ha) and Svartliden 1001 (444ha). In addition the Company owns one exploitation concession within the same area, namely Svartliden K no. 1 (36ha) and an approved application for Eva k no. 1 (34ha) subject to an objection. The Company also owns the Tvistbogruvan K no. 1 (11ha) exploitation concession and the Såggården no. 1 (199ha) exploration permit in the Bergslagen mining region of central Sweden. Quoted surface areas are approximate to the nearest hectare. All exploration permits and exploitation concessions are 100% owned, either directly or through a subsidiary.

STRENGTHENING OF THE PERMISSION PORTFOLIO

Copperstone today was awarded additional exploration permits from the Mining Inspector, regarding more than 8,000 ha in Arvidsjaur municipality.


VISCARIA UPDATE REGARDING FINANCING AND EXPECTED CLOSING

Copperstone Resources AB ("Copperstone" or "the Company") is pleased to announce that the Company has signed a 5-year 25 MSEK credit facility. In addition a non-binding term sheet regarding a convertible debt facility of 100 MSEK has been signed with a US-based fund. Upon the convertible debt facility becoming binding and the first tranche of 22.5 MSEK has been paid out, closing of the Viscaria acquisition is anticipated to occur shortly thereafter. In total, up to 125 MSEK will thereby be secured to finance the further development of New Copperstone including Viscaria.


CHANGE OF MANAGEMENT

The Board of Copperstone ("Copperstone" or "the Company") announces that Michael Mattsson takes over as CEO of Copperstone, as Chris McKnight steps down. As the company is growing, Copperstone will separate the roles of CEO and Exploration Manager. Ann Zetterberg Littorin will take over as Chairman of the Board, effective immediately.


COPPERSTONE CONFIRMS LARGE SCALE EXPLORATION TARGET POTENTIAL OF 150-210 MILLION TONNES AT 0.25-0.45% COPPER AT GRANLIDEN AND PROVIDES AN UPDATED MINERAL RESOURCE INVENTORY FOR THE PROPERTY

Copperstone Resources AB ("Copperstone" or "the Company") is pleased to announce that an Exploration Target potential of 150-210 million tonnes at a grade of 0.25-0.45% copper has been estimated by Micon International Co LTD (UK) ("Micon") for the Granliden area of the project. This potential is in line with recent guidance and is based on an independent analysis of exploration drilling results predominantly from the drill campaign carried out by the Company in 2018.


KOMMUNIKÉ FRÅN EXTRA BOLAGSSTÄMMA I COPPERSTONE RESOURCES AB (PUBL)

Idag den 27 november 2018 hölls extra bolagsstämma i Copperstone Resources AB (publ) ("Bolaget") i Hamilton Advokatbyrås lokaler på Hamngatan 27 i Stockholm. Nedan följer en sammanfattning av de beslut som fattades.


SUNSTONE SHAREHOLDERS VOTE IN FAVOUR OF THE VISCARIA TRANSACTION

Copperstone Resources AB ("Copperstone") is pleased to announce that 99,95% of the shareholder votes represented at the Sunstone Metals Ltd ("Sunstone") Extra General Meeting today were in favour of the Viscaria transaction with Copperstone.


INTERIM QUARTERLY REPORT (Q318) JULY 1st 2018 TO SEPTEMBER 30th 2018

Copperstone Resources AB ("Copperstone" or "the Company") is pleased to announce the Interim Quarterly Report (Q318) for the Company. A brief summary of the report follows:

Financial results for the Group for July 1st to September 30th 2018:

  • Result before taxes amounted to -955 (-962) KSEK.
  • Earnings after tax per share were 0.0 (-0.0) SEK.
  • The cash flow during the period was -5,428 (351) KSEK.

Financial results for the Group for Year to date as of September 30th 2018:

  • Result before taxes amounted to 4,589 (-6,026) KSEK.
  • Earnings after tax per share were 0.02 (-0.03) SEK.
  • The profit for 2018 is due to the netting of receivable in NIO for shares and a convertible. The receivable was acquired by Copperstone at a discount to nominal value in 2016, generating a profit of 8.2 MSEK at its finalization before the listing of NIO at Nasdaq First North.
  • The closing balance of cumulative capitalized expenditure for exploration amounted to 56,483 (35,694) KSEK.
  • Total assets at the end of the period was 77,387 (50,760) KSEK.
  • The cash flow during the period was -25,949 (1,606) KSEK.
  • The liquidity at the end of the period was 2,337 (4,335) KSEK.

NOTICE (IN SWEDISH) OF EXTRA GENERAL MEETING IN COPPERSTONE RESOURCES AB (PUBL)

KALLELSE TILL EXTRA BOLAGSSTÄMMA I COPPERSTONE RESOURCES AB (PUBL)


NORRLANDSFONDEN TO CONVERT 1.5 MSEK INTO B-SHARES OF COPPERSTONE

Copperstone Resources AB ("Copperstone" or "the Company") announces that Stiftelsen Norrlandsfonden ("Norrlandsfonden") will convert 1.5 MSEK of the September 2015 tranche, into 6,250,000 B-shares in Copperstone at a conversion price of 0.24 SEK. The transaction will result in a strengthening of the financial net and balance sheet of Copperstone. The share capital of Copperstone will increase by 625,000 SEK to 24,860,376.10 SEK. The number of outstanding shares will increase to 248,603,761, corresponding to a dilution of 2.51% (of the total 5.92% indirect ownership in Copperstone that Norrlandsfonden currently holds).


VISCARIA COPPER PROJECT: SHARE SALE AND PURCHASE AGREEMENT SIGNED

The Board of Copperstone Resources AB ("Copperstone" or "the Company") is pleased to announce that it has entered into a Share Sale and Purchase Agreement ("SPA") with Sunstone Metals Ltd Australia ("Sunstone") regarding the acquisition of 100% of Avalon Minerals Viscaria AB ("Viscaria"), substantially in accordance with the Letter Of Intent signed and announced between the parties 8th August 2018.


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