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Excelsior Mining Announces Name Change to Gunnison Copper

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Excelsior Mining Corp. (TSX: MIN) (OTCQB: EXMGF) (FSE: 3XS) announced a corporate name change to Gunnison Copper Corp. with a new stock symbol GCU on the TSX. The change will be effective at market open on November 14th, 2024. The Company's ISIN and CUSIP numbers will change to CA4028801088 and 402880108, respectively. Existing shareholders are not required to take any action, and share certificates will not need to be exchanged.

Excelsior Mining Corp. (TSX: MIN) (OTCQB: EXMGF) (FSE: 3XS) ha annunciato un cambio di nome aziendale in Gunnison Copper Corp. con un nuovo simbolo azionario GCU sulla TSX. Il cambiamento sarà efficace all'apertura del mercato il 14 novembre 2024. I numeri ISIN e CUSIP della Società cambieranno rispettivamente in CA4028801088 e 402880108. Gli azionisti esistenti non sono tenuti a prendere alcuna misura, e i certificati azionari non dovranno essere scambiati.

Excelsior Mining Corp. (TSX: MIN) (OTCQB: EXMGF) (FSE: 3XS) anunció un cambio de nombre corporativo a Gunnison Copper Corp. con un nuevo símbolo de acción GCU en la TSX. El cambio será efectivo al abrir el mercado el 14 de noviembre de 2024. Los números ISIN y CUSIP de la empresa cambiarán a CA4028801088 y 402880108, respectivamente. Los accionistas existentes no necesitan tomar ninguna medida y no será necesario intercambiar certificados de acciones.

엑셀시어 마이닝 코퍼레이션 (TSX: MIN) (OTCQB: EXMGF) (FSE: 3XS) 은 건니슨 구리 주식회사로 사명을 변경하고 TSX에서 새로운 주식 기호 GCU를 발표했습니다. 이 변경 사항은 2024년 11월 14일 시장 개장 시 시행됩니다. 회사의 ISIN 및 CUSIP 번호는 각각 CA4028801088과 402880108로 변경됩니다. 기존 주주는 어떠한 조치를 취할 필요가 없으며, 주식 증서는 교환할 필요가 없습니다.

Excelsior Mining Corp. (TSX: MIN) (OTCQB: EXMGF) (FSE: 3XS) a annoncé un changement de nom d'entreprise en Gunnison Copper Corp. avec un nouveau symbole boursier GCU à la TSX. Le changement prendra effet à l'ouverture du marché le 14 novembre 2024. Les numéros ISIN et CUSIP de la société changeront respectivement en CA4028801088 et 402880108. Les actionnaires existants ne sont pas tenus de prendre des mesures, et les certificats d'actions n'auront pas besoin d'être échangés.

Die Excelsior Mining Corp. (TSX: MIN) (OTCQB: EXMGF) (FSE: 3XS) gab eine Umbenennung des Unternehmens in Gunnison Copper Corp. bekannt, mit einem neuen Aktienkürzel GCU an der TSX. Die Änderung tritt am 14. November 2024 mit Eröffnung des Marktes in Kraft. Die ISIN- und CUSIP-Nummern des Unternehmens werden auf CA4028801088 und 402880108 geändert. Bestehende Aktionäre sind nicht verpflichtet, irgendwelche Maßnahmen zu ergreifen, und Aktienzertifikate müssen nicht ausgetauscht werden.

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Phoenix, Arizona--(Newsfile Corp. - November 12, 2024) - Excelsior Mining Corp. (TSX: MIN) (OTCQB: EXMGF) (FSE: 3XS) is pleased to announce it is completing a corporate name change to "Gunnison Copper Corp." ("Gunnison" or the "Company") with a new stock symbol "GCU" on the TSX.

Effective market open on November 14th, 2024, the Company will begin trading under the new name and stock symbol. The Company's ISIN and CUSIP numbers will change to CA4028801088 and 402880108, respectively.

No action will be required by existing shareholders with respect to the name change. Certificates representing common shares of the Company will not be affected by the name change and will not need to be exchanged.

ABOUT GUNNISON COPPER

Gunnison is a mineral exploration and development company that owns the Gunnison Copper Project, the Johnson Camp Mine, and a portfolio of exploration projects, including the Peabody Sill and the Strong and Harris deposits, in Cochise County, Arizona. The past producing Johnson Camp Mine is in Stage 2 of a process with Nuton LLC, a Rio Tinto Venture to restart the mine using Nuton technologies, with first copper expected to be produced in 2025.

For more information on Gunnison, please visit our website at www.gunnisoncopper.com.

For further information regarding this press release, please contact:

Gunnison Copper Corp.
Concord Place, Suite 300, 2999 North 44th Street, Phoenix, AZ, 85018.

Shawn Westcott
T: 604.365.6681
E: info@gunnisoncopper.com
www.gunnisoncopper.com

Cautionary Note Regarding Forward-Looking Information

This news release contains "forward-looking information" concerning anticipated developments and events that may occur in the future. Forward-looking information contained in this news release includes, but is not limited to, statements with respect to: (i) the intention to deploy the Nuton® technology at the Johnson Camp mine and future production therefrom; (ii) the details and expected results of the stage two work program; and (iii) future production and production capacity from the Company's mineral projects.

In certain cases, forward-looking information can be identified by the use of words such as "plans", "expects" or "does not expect", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", "occur" or "be achieved" suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. Forward-looking information contained in this news release is based on certain factors and assumptions regarding, among other things, the amended permit will not be appealed, work plans will be approved in a timely manner, the availability of financing to continue as a going concern and implement the Company's operational plans, the estimation of mineral resources and mineral reserves, the realization of resource and reserve estimates, expectations and anticipated impact of the COVID-19 outbreak, copper and other metal prices, the timing and amount of future development expenditures, the estimation of initial and sustaining capital requirements, the estimation of labour and operating costs (including the price of acid), the availability of labour, material and acid supply, receipt of and compliance with necessary regulatory approvals and permits, the estimation of insurance coverage, and assumptions with respect to currency fluctuations, environmental risks, title disputes or claims, and other similar matters. While the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect.

Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include risks related to the Company not obtaining adequate financing to continue operations, the breach of debt covenants, risks inherent in the construction and operation of mineral deposits, including risks relating to changes in project parameters as plans continue to be redefined including the possibility that mining operations may not be sustained at the Gunnison Copper Project, risks related to the delay in approval of work plans, variations in mineral resources and reserves, grade or recovery rates, risks relating to the ability to access infrastructure, risks relating to changes in copper and other commodity prices and the worldwide demand for and supply of copper and related products, risks related to increased competition in the market for copper and related products, risks related to current global financial conditions, risks related to current global financial conditions and the impact of any resurgence of COVID-19 on the Company's business, uncertainties inherent in the estimation of mineral resources, access and supply risks, risks related to the ability to access acid supply on commercially reasonable terms, reliance on key personnel, operational risks inherent in the conduct of mining activities, including the risk of accidents, labour disputes, increases in capital and operating costs and the risk of delays or increased costs that might be encountered during the construction or mining process, regulatory risks including the risk that permits may not be obtained in a timely fashion or at all, financing, capitalization and liquidity risks, risks related to disputes concerning property titles and interests, environmental risks and the additional risks identified in the "Risk Factors" section of the Company's reports and filings with applicable Canadian securities regulators.

Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information. The forward-looking information is made as of the date of this news release. Except as required by applicable securities laws, the Company does not undertake any obligation to publicly update or revise any forward-looking information.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/229527

FAQ

When will Excelsior Mining (EXMGF) change its name to Gunnison Copper?

Excelsior Mining will change its name to Gunnison Copper Corp. effective at market open on November 14th, 2024.

What will be the new stock symbol for Excelsior Mining (EXMGF) after the name change?

The new stock symbol will be GCU on the TSX after the name change to Gunnison Copper Corp.

Do Excelsior Mining (EXMGF) shareholders need to take any action due to the name change?

No, existing shareholders do not need to take any action regarding the name change, and share certificates will not need to be exchanged.

What are the new ISIN and CUSIP numbers for Excelsior Mining (EXMGF) after becoming Gunnison Copper?

The new ISIN will be CA4028801088 and the new CUSIP number will be 402880108.

EXCELSIOR MINING CORP

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