Doré Copper Announces Rights Offering - Seite 3

The Rights Offering will be conducted only in the provinces and territories of Canada (the "Eligible Jurisdictions"). Accordingly, and subject to the detailed provisions of the Rights Offering Circular, Rights will not be delivered to, nor will they be exercisable by, persons resident outside of the Eligible Jurisdictions unless such holders can establish that the transaction is exempt under applicable legislation. Rather, such Rights may be sold on their behalf. If you are a holder of Common Shares and reside outside of Canada, please review the Rights Offering Notice, the Rights Offering Circular and the Notice to Ineligible Holders to determine your eligibility and the process and timing requirements to receive and exercise your Rights. The Corporation requests that any ineligible holder interested in exercising their Rights contact the Corporation at their earliest convenience.

Neither the Rights being offered or the Common Shares have been or will be registered under the United States Securities Act of 1933, as amended, and may not be exercised, offered or sold, as applicable, in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of the Corporation. There shall be no offer or sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification of such securities under the laws of any such jurisdiction.

In order to ensure that the Corporation can meet its short‐term obligations prior to the closing of the Rights Offering, the Corporation has entered into a bridge loan agreement with Ocean Partners, pursuant to which Ocean Partners has agreed to provide an unsecured short-term loan to the Corporation in the amount of C$250,000 and bearing interest at a rate of 15% per annum (the "Bridge Loan"). The Bridge Loan constitutes a "related party transaction" for the purposes of MI 61-101 as Ocean Partners is a "related party" of the Corporation. The Corporation is exempt from the requirements to obtain a formal valuation or minority shareholder approval in connection with the Bridge Loan in reliance on sections 5.5(a) and 5.7(1)(a), respectively, of MI 61-101, as the fair market value of the Bridge Loan does not exceed 25% of the Corporation's market capitalization as calculated in accordance with MI 61-101.