MAC's Forward-Looking Statements and Securities Disclaimer

In this announcement, MAC clarifies that it does not constitute an offer to sell or solicit an offer to buy any securities in any jurisdiction where such an offer would be illegal. The securities mentioned have not been registered under the U.S. Securities Act of 1933 or any state securities laws, and cannot be offered or sold in the U.S. without registration or an applicable exemption.

The release contains forward-looking statements that involve risks and uncertainties. These statements pertain to MAC’s future performance expectations, including financial impacts and effects of a proposed business combination involving the CSA Mine. Factors that could affect these outcomes include copper market dynamics, production costs, capital expenditures, and more. MAC emphasizes that actual results may differ significantly due to various factors beyond its control, and readers should not rely heavily on these statements.

MAC also mentions that it will not update these forward-looking statements unless legally required. The release advises readers to consider the risks detailed in MAC’s filings with the SEC, including those in the definitive proxy statement/prospectus for the business combination.

Additionally, the document notes that placement proceeds were converted to U.S. dollars using an exchange rate of 0.6869, based on the average rate for the week ending October 4, 2024. The financial information provided is unaudited.