Kodiak Closes Upsized Private Placement of $6.9 Million

June 21, 2024 – Vancouver, British Columbia – Kodiak Copper Corp. (the “Company” or “Kodiak”) (TSX-V: KDK, OTCQB: KDKCF, Frankfurt: 5DD1) today announces that it has closed its non-brokered private placement (the “Offering”) that was announced on June 4, 2024 and upsized on June 6, 2024.

A total of 5,303,724 charity flow-through units (“Charity FT Units”) at a price of $0.79 per Charity FT Unit, 1,293,000 common share units (the “HD Units”) at a price of $0.47 per HD Unit and 3,840,126 flow-through shares (the “FT Shares”) at a price of $0.54 per FT Share were issued pursuant to the Offering for gross proceeds to the Company of $6,871,320. Kodiak’s chairman Chris Taylor, CEO Claudia Tornquist and certain other insiders of the Company participated in the Offering.