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CQX.CN ·

Copper Quest Strengthens Leadership Team

Management Changes

CSE: CQX WWW.COPPER.QUEST

COPPER QUEST STRENGTHENS LEADERSHIP TEAM

July 21, 2025, VANCOUVER, British Columbia – Copper Quest Exploration Inc. (CSE: CQX; OTCQB:

IMIMF; FRA: 3MX) (“Copper Quest” or the “Company”) is pleased to announce the appointment of

Mr. Chad McMillan to serve as a Strategic Advisor to the Company.

Mr. McMillan is an experienced senior executive with over twenty years in and around the capital

markets business, building, managing, and helping to finance public companies. He is well versed in

executive management, corporate finance, mergers and acquisitions, corporate communications,

community relations, and more, having served in roles such as President, CEO, Director, Vice President

Corporate Communications, and Strategic Advisor. Mr. McMillan has led and assisted in numerous

financing, merger, acquisition, and joint venture transactions, particularly in the mining and resource

sector, and also in technology and entertainment. He is the founder of McMillan Strategies, Kaypieye

Media Inc., and Wokaura Art & Innovations Inc. and has a Bachelor of Arts degree in Communications

from Simon Fraser University.

Copper Quest’s Chief Executive Officer Brian Thurston, stated: “Copper Quest is pleased to have Mr.

McMillan join our advisory team as he brings extensive experience within the mining sector having

managed, financed, and advanced several resource ventures throughout his career. His ability to

navigate both the technical and capital markets landscapes further strengthens our robust advisory

group. Together, we aim to position the Company for long-term growth and unlock the full potential

of our projects.”

Mr. McMillan, commented, “After having helped Copper Quest source its new acquisition in the United

States, it is my pleasure to lend my experience and broaden my contribution to the Company as a

Strategic Advisor. The world needs copper, and I look forward to helping Copper Quest be a solution.”

Stock Options

The Company has granted stock options to a Consultant of the Company to acquire an aggregate of

250,000 common shares in the capital of the Company, pursuant to the Company’s Equity Incentive

Plan. The stock options are each convertible into a common share of the Company at an exercise price

of $0.12 until July 16, 2030.

About Copper

Copper is an essential industrial metal at the heart of the global energy transition and modern

infrastructure. It plays a critical role in electrification, renewable energy systems, electric vehicles, data

centers, and smart technologies. With global demand rising and new supply challenged by declining

grades, complex permitting, and underinvestment, the copper market faces persistent deficits and

growing geopolitical scrutiny. Recent U.S. policy announcements, including import tariffs and

initiatives to secure domestic and allied supply chains, underscore copper’s strategic importance and

the need for resilient, localized resource exploration, deve lopment, production and processing

capacity.

About McMillan Strategies

McMillan Strategies is an experienced strategic advisory firm helping develop exponential ideas with

start-ups and public companies. The Company works primarily with early and growth stage

companies, as well as corporate turnarounds. For more information, please visit

www.mcmillanstrategies.com.

About Copper Quest Inc.

Copper Quest (CSE: CQX; OTCQB: IMIMF; FRA: 3MX) is focused on building shareholder value through

the exploration and development of its North American Critical Mineral portfolio of assets. The

Company’s land package currently comprises four projects that span over 40,000+ hectares in great

mining jurisdictions.

Copper Quest has a 100% interest in the Stars Property, a porphyry copper-molybdenum discovery,

covering 9,693 hectares in central British Columbia’s Bulkley Porphyry Belt. Contiguous to the Stars

Property Copper Quest has a 100% interest in the 5,389 ha Stellar Property. CQX also has an earn-in

option up to 80% and joint-venture agreement on the 4,700 ha porphyry copper-molybdenum Rip

Project, also in the Bulkley Porphyry Belt.

Copper Quest has a 100% interest in the Thane Project located in the Quesnel Terrane of Northern

BC which spans over 20,658 ha with 10 high-priority targets identified demonstrating significant

copper and precious metal mineralization potential.

Copper Quest’s leadership and advisory teams are senior mining industry executives who have a

wealth of technical and capital markets experience and a strong track record of discovering, financing,

developing, and operating mining projects on a global scal e. Copper Quest is committed to

sustainable and responsible business activities in line with industry best practices, supportive of all

stakeholders, including the local communities in which it operates. The Company’s common shares

are principally listed on the Canadian Stock Exchange under the symbol “CQX”. For more information

on Copper Quest, please visit the Company’s website at Copper Quest.

On behalf of the Board of Copper Quest Exploration Inc.

Brian Thurston, P.Geo.

Chief Executive Officer and Director

Tel: 778-949-1829

For further information contact:

Kelly Abbott

Investor Relations

[email protected]

Forward Looking Information

This news release contains certain “forward-looking information” and “forward-looking statements”

(collectively, “forward-looking statements”) within the meaning of applicable securities legislation.

All statements, other than statements of historical fact included herein, including without limitation,

statements relating the future operations and activities of Copper Quest, are forward -looking

statements. Forward-looking statements are frequently, but not always, identified by words such as

“expects”, “anticipates”, “believes”, “intends”, “estimates”, “potential”, “possible”, and similar

expressions, or statements that events, conditions, or results “will”, “may”, “could”, or “should” occur

or be achieved. Forward-looking statements in this news release relate to, among other things, the

acquisition of the Project and future exploration thereof, including any required government

approvals, the merits of the Project, the completion of the Private Placement and issuance of

securities in connection therewith, and the receipt of required regulatory approvals. There can be no

assurance that such statements will prove to be accurate, and actual results and future events could

differ materially from those anticipated in such statements. Forward-looking statements reflect the

beliefs, opinions and projections on the date the statements are made and are based upon a number

of assumptions and estimates that, while considered reasonable by Copper Quest, are inherently

subject to significant business, economic, competitive, political and s ocial uncertainties and

contingencies. Many factors, both known and unknown, could cause actual results, performance or

achievements to be materially different from the results, performance or achievements that are or

may be expressed or implied by such fo rward-looking statements and the parties have made

assumptions and estimates based on or related to many of these factors. Readers should not place

undue reliance on the forward-looking statements and information contained in this news release

concerning these items. The Company does not assume any obligation to update the forward-looking

statements of beliefs, opinions, projections, or other factors, should they change, except as required

by applicable securities laws.

The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this

press release, and does not accept responsibility for the adequacy or accuracy of this release.