Tax Information

In March 2022, Capstone Copper Corp. (“Capstone Copper”) acquired all of the issued and outstanding shares of Capstone Mining Corp. (“Capstone Mining), issuing one Capstone Corp. common share for each Capstone Mining share held. For former U.S. shareholders of Capstone Mining, we have completed IRS Form 8937 to provide general U.S. tax information on the disposition of Capstone Mining common shares upon closing of the transaction.

The information contained herein and in the IRS Form 8937 attachments does not constitute tax, accounting or legal advice and does not purport to be complete or to describe the consequences that may apply to particular categories of shareholders. Capstone Copper does not provide tax, accounting or legal advice. Any tax statements contained herein and in the attachment were not intended or written to be used, and cannot be used, for the purpose of avoiding penalties imposed under the Internal Revenue Code. You are urged to consult your own tax advisor regarding the particular consequences of the distribution to you, including the applicability and effect of all U.S. federal, state, local and foreign tax laws.