Kodiak Copper Announces C$10 Million Financing

June 1, 2026 – Vancouver, British Columbia – Kodiak Copper Corp. (the “Company” or “Kodiak”)  (TSX-V: KDK, OTCQX: KDKCF, Frankfurt: 5DD1) announces that it has entered into an agreement with Paradigm Capital Inc., as lead agent and sole bookrunner, on its own behalf and on behalf of a syndicate of agents (the “Agents”), in connection with a “best efforts” private placement offering pursuant to the Listed Issuer Financing Exemption (as defined herein), for aggregate gross proceeds to the Company of up to C$10 million (the “Offering”). The Offering consists of:

(i) up to 6,295,000 charity flow-through common shares of the Company (the “Charity FT Shares”) which will qualify as “flow-through shares” (within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the “ITA”)), at a price of C$1.271 per Charity FT Share for gross proceeds of up to C$8,000,945; and

(ii) up to 2,440,000 common shares of the Company (the “HD Shares”, and together with the Charity FT Shares, the “Offered Securities”), at a price of C$0.82 per HD Share for gross proceeds of up to C$2,000,800.