Serengeti and Sun Metals Announce Completion of Merger and Name Change to Northwest Copper Corp. - Seite 2

Additional Issuances

PI Financial Corp. has been issued shares of Sun Metals at a deemed price of $0.125 per share that were exchanged in to 344,000 post-Consolidated Shares of NorthWest on completion of the Transaction for financial advisory services provided to Sun Metals in connection with the Transaction.

Haywood Securities Inc. has been issued 164,095 post-Consolidated Shares at a deemed price of $0.6094 as partial payment for financial advisory services provided to NorthWest in connection with the Transaction.

New Website

The company is pleased to announce the launch of www.northwestcopper.ca, a new corporate website providing key information on our newly established diversified copper gold project pipeline in B.C. We also invite shareholders and stakeholders to follow our integrated NorthWest Copper social media accounts on Facebook, Twitter, Instagram and LinkedIn.  

About NorthWest

NorthWest Copper Corp. is a new diversified copper-gold explorer and developer with an exciting pipeline of projects in British Columbia. With a robust portfolio in a tier one jurisdiction, NorthWest Copper is well positioned to participate fully in a strengthening global copper market. Additional information can be found on the Company’s website at www.northwestcopper.ca.

On Behalf of the Board of Directors of NorthWest Copper Corp.

“Mark O’Dea”

Director, Executive Chair

For further information, please contact:

NorthWest Copper Corp. Tel: [phone] Email: [e-mail]

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding Forward Looking Information

All statements, trend analysis and other information contained in this press release about anticipated future events or results constitute forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions. All statements, other than statements of historical fact, included herein, including, without limitation, statements acceleration of any Warrants, are forward-looking statements. Although NorthWest and Sun Metals believes that the expectations reflected in such forward-looking statements and/or information are reasonable, undue reliance should not be placed on forward-looking statements since the NorthWest and Sun Metals can give no assurance that such expectations will prove to be correct. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements, including the risks, uncertainties and other factors identified in NorthWest’s and Sun Metals’ periodic filings with Canadian securities regulators. Forward-looking statements are subject to business and economic risks and uncertainties and other factors that could cause actual results of operations to differ materially from those contained in the forward-looking statements. Important factors that could cause actual results to differ materially from NorthWest and Sun Metals ’s expectations include risks associated with the business of NorthWest and Sun Metals; risks related to reliance on technical information provided by NorthWest; risks related to exploration and potential development of the Projects; business and economic conditions in the mining industry generally; fluctuations in commodity prices and currency exchange rates; uncertainties relating to interpretation of drill results and the geology, continuity and grade of mineral deposits; the need for cooperation of government agencies and native groups in the exploration and development of properties and the issuance of required permits; the need to obtain additional financing to develop properties and uncertainty as to the availability and terms of future financing; the possibility of delay in exploration or development programs and uncertainty of meeting anticipated program milestones; uncertainty as to timely availability of permits and other governmental approvals; and other risk factors as detailed from time to time and additional risks identified in NorthWest’s and Sun Metals’ filings with Canadian securities regulators on SEDAR in Canada (available at www.sedar.com). Forward-looking statements are based on estimates and opinions of management at the date the statements are made. NorthWest and Sun Metals do not undertake any obligation to update forward-looking statements except as required by applicable securities laws. Investors should not place undue reliance on forward-looking statements.