{"success":true,"data":{"pressRelease":{"id":"160143","rtpr_id":"nNFC7NVzls-20261005","ticker":"GCU","exchange":"TSX","all_tickers":["GCU"],"title":"Gunnison Copper Advances Toward NYSE American Listing as Copper Reaches Record Highs","author":"Newsfile Corp","published_at":"2026-10-05T10:00:20.245Z","article_body":"Arizona copper producer supplying U.S. defense sector and Amazon Web Services\ntargets late-October NYSE American debut under ticker \"GUNN\"; flagship project\noffers potential for approximately eightfold expansion of production base\n\nPhoenix, Arizona--(Newsfile Corp. - October 5, 2026) - Gunnison Copper Corp.\n(TSX: GCU) (OTCQB: GCUMF) (FSE: 3XS0) (\"Gunnison\" or the \"Company\") is pleased\nto announce that it has received pre-clearance for a proposed NYSE American\nlisting under the ticker \"GUNN,\" with trading expected in late October 2026,\nsubject to SEC registration effectiveness and final listing approvals. The\nlisting would broaden U.S. investor access to an American copper company\nheadquartered in Phoenix, with mining and development assets entirely in\nArizona, supplying the U.S. defense sector and Amazon Web Services today and\noffering substantial production growth potential.\n\nGunnison's Johnson Camp Mine has annual production capacity of up to 25\nmillion pounds of finished copper cathode. The flagship Gunnison Project's\nMarch 2026 preliminary economic assessment (\"PEA\") estimates average annual\nproduction of 174 million pounds during its first 15 years, creating the\npotential for combined annual output that is nearly eight times Johnson Camp's\nnameplate capacity, subject to development of Gunnison and continued operation\nof Johnson Camp at capacity. The PEA is preliminary in nature and includes\nInferred Mineral Resources that are considered too speculative geologically to\nhave the economic considerations applied to them that would enable them to be\ncategorized as mineral reserves. There is no certainty that the conclusions\nreached in the PEA will be realized. Mineral Resources that are not Mineral\nReserves do not have demonstrated economic viability.\n\n\"Copper connects some of America's most powerful investment themes: artificial\nintelligence, electrification and national defense,\" said Craig Hallworth,\nPresident and Chief Executive Officer of Gunnison Copper. \"We are supplying\nthe U.S. defense sector and Amazon Web Services today, while advancing a\nproject with the potential to transform our production scale. With copper\nprices reaching record highs, we believe the opportunity to build a larger\nAmerican copper business is compelling.\n\n\"We brought Johnson Camp from construction decision to production in under 18\nmonths, an exceptionally fast timeline that demonstrates our ability to\nexecute with urgency and discipline. We intend to bring that same urgency to\naccelerating the Gunnison Project. Our proposed NYSE American listing would\ngive more American investors access to the growth we are working to deliver.\"\n\nAn American Copper Investment Opportunity\n\nProduction today with transformational growth potential\n\nJohnson Camp provides an operating production base, while the Gunnison Project\noffers the potential for a substantial expansion. This combination gives\ninvestors exposure to American copper production today and a large-scale\ndevelopment opportunity, with potential combined annual output nearly eight\ntimes Johnson Camp's nameplate capacity.\n\nSupplying America's defense industry and AI infrastructure today\n\nGunnison supplies copper to the U.S. defense sector today and is a member of\nthe Defense Industrial Base Consortium, supporting its commitment to\nstrengthening America's defense supply chains. The Company also directly\nsupplies Amazon Web Services with copper for data center construction,\nconnecting American copper production with the infrastructure powering cloud\ncomputing and artificial intelligence. These relationships provide tangible\nexposure to defense and digital infrastructure demand today, alongside the\nCompany's substantial production growth potential.\n\nA track record of execution with urgency\n\nGunnison brought Johnson Camp from construction decision to production in\nunder 18 months, demonstrating its ability to advance construction,\ncommissioning and startup on an accelerated schedule. The Company intends to\napply the same urgency and execution discipline to advancing the larger\nGunnison Project, pursuing opportunities to accelerate engineering, permitting\nand development. While Gunnison's scale and requirements will determine its\nultimate schedule, Johnson Camp provides concrete evidence of the team's\nability to move quickly and deliver.\n\nPure American Copper from mining to finished product\n\nJohnson Camp mines American mineralized material and processes copper in\nArizona, producing finished copper cathode on-site without sending material\noverseas for smelting or refining. This keeps processing in the United States\nand preserves control over the copper through production of a finished product\nready for customers. The Gunnison Project is being designed around the same\nmodel, supporting a domestic supply chain that avoids dependence on foreign\nprocessing facilities.\n\nProposed NYSE American Listing and ADR Program\n\nGunnison intends to establish a Level II American Depositary Receipt (\"ADR\")\nprogram, with each ADR representing thirty-five (35) common shares of the\nCompany. The ADRs are expected to trade on NYSE American under the ticker\nsymbol \"GUNN,\" providing U.S. investors with a U.S. dollar-denominated,\nexchange-listed security through which to invest in Gunnison.\n\nThe proposed listing would complement Gunnison's existing Toronto Stock\nExchange listing. The Company's common shares would continue to trade on the\nTSX under the symbol \"GCU.\"\n\nEstablishment of the Level II ADR program and listing on NYSE American remain\nsubject to the filing and effectiveness of applicable registration\ndocumentation with the U.S. Securities and Exchange Commission (\"SEC\"),\nsatisfaction of all applicable NYSE American listing requirements, receipt of\napplicable regulatory approvals and other customary conditions. Pre-clearance\ndoes not constitute final listing approval.\n\nThere can be no assurance that the proposed ADR program or NYSE American\nlisting will be completed on the terms currently contemplated, within any\nanticipated timeframe, or at all. The Company will provide further updates as\nit advances through the listing process.\n\nABOUT GUNNISON COPPER\n\nGunnison Copper Corp. is a multi-asset pure-play copper developer and producer\nthat controls the Cochise Mining District (the district), containing 12 known\ndeposits within an 8 km economic radius, in the Southern Arizona Copper Belt.\n\nIts flagship asset, the Gunnison Copper Project, has a main pit Measured and\nIndicated Mineral Resource containing over 846 million tons with a total\ncopper grade of 0.33% containing 5.19 billion pounds of copper (Measured\nMineral Resource of 192 million tons at 0.37% containing 1.42 billion pounds\nof copper and Indicated Mineral Resource of 655 million tons at 0.31%\ncontaining 3.77 billion pounds of copper).\n\nThe Strong & Harris satellite deposit, located approximately 1.9 miles from\nthe Gunnison processing facilities, is also included in the mine plan and\nhosts an Inferred Mineral Resource of 76 million tons grading 0.49% total\ncopper (0.32% CuOx) at a 0.07% cutoff, 0.56% zinc and 0.12 oz/ton silver,\ncontaining approximately 740 million pounds of copper, including 483 million\npounds of oxide copper, as well as zinc (856 million pounds) and silver (9.0\nmillion ounces).\n\nA preliminary economic assessment (\"PEA\") was completed in March 2026 for the\nGunnison Project yielding robust economics including an NPV8% of $2 billion,\nIRR of 23%, and payback period of 3.9 years. It is being developed as a\nconventional operation with open pit mining, heap leach, and SX/EW refinery to\nproduce finished copper cathode on-site with direct rail link. The PEA is\npreliminary in nature and includes Inferred Mineral Resources that are\nconsidered too speculative geologically to have the economic considerations\napplied to them that would enable them to be categorized as mineral reserves.\nThere is no certainty that the conclusions reached in the PEA will be\nrealized. Mineral Resources that are not Mineral Reserves do not have\ndemonstrated economic viability.\n\nIn addition, Gunnison's Johnson Camp Asset, which is now in production, is\nfully funded by Nuton LLC, a Rio Tinto Venture, with a production capacity of\nup to 25 million lbs of finished copper cathode annually.\n\nOther significant deposits controlled by Gunnison in the district, with\npotential to be economic satellite feeder deposits for Gunnison Project\ninfrastructure, include South Star, and eight other deposits.\n\nFor more information on the Company, please visit our website at\nwww.GunnisonCopper.com.\n\nFor additional information on the Gunnison Project please refer to the\ntechnical report titled \"Gunnison Project NI 43-101 Technical Report,\nPreliminary Economic Assessment, Cochise County, Arizona, USA\" with an\neffective date of March 18, 2026 filed on SEDAR+ at www.sedarplus.ca.\n\nFor additional information on the Johnson Camp Mine please refer to the\ntechnical report titled \"Johnson Camp Mine NI 43-101 Technical Report, Cochise\nCounty, Arizona, USA\" with an effective date of March 18, 2026 filed on SEDAR+\nat www.sedarplus.ca.\n\nDr. Roland Goodgame, Senior VP of Project Development of the Company is a\nQualified Person as defined by NI 43-101. Dr. Goodgame has reviewed and\napproved the technical information contained in this news release.\n\nFor further information regarding this press release, please contact:\n\nGunnison Copper Corp.\nConcord Place, Suite 300, 2999 North 44th Street, Phoenix, AZ, 85018\n\nMelissa Mackie\nT: 647.533.4536\nE: info@GunnisonCopper.com\nwww.GunnisonCopper.com\n\nCautionary Note Regarding Forward-Looking Information\n\nThis news release contains \"forward-looking information\" concerning\nanticipated developments and events that may occur in the future.\nForward-looking information contained in this news release includes, but is\nnot limited to, statements with respect to: (i) the intention to deploy the\nNuton® technology at the Johnson Camp mine and future production therefrom;\n(ii) the continued funding of the stage 2 work program by Nuton; (iii) the\ndetails and expected results of the stage two work program; (iv) future\nproduction and production capacity from the Company's mineral projects; (v)\nthe results of the preliminary economic assessment on the Gunnison Project;\n(vi) the exploration, development, optimization and permitting of the\nCompany's mineral projects; (vii) the completion of a listing of ADRs on the\nNYSE American; and (viii) the establishment of a Level II ADR program.\n\nIn certain cases, forward-looking information can be identified by the use of\nwords such as \"plans\", \"expects\" or \"does not expect\", \"budget\", \"scheduled\",\n\"estimates\", \"forecasts\", \"intends\", \"anticipates\" or \"does not anticipate\",\nor \"believes\", or variations of such words and phrases or state that certain\nactions, events or results \"may\", \"could\", \"would\", \"might\", \"occur\" or \"be\nachieved\" suggesting future outcomes, or other expectations, beliefs, plans,\nobjectives, assumptions, intentions or statements about future events or\nperformance. Forward-looking information contained in this news release is\nbased on certain factors and assumptions regarding, among other things, the\nCompany will satisfy all of the NYSE American and regulatory requirements to\ncomplete a listing of ADRs on the NYSE American, Nuton will continue to fund\nthe stage 2 work program, the availability of financing to continue as a going\nconcern and implement the Company's operational plans, the ability to achieve\nthe conclusions of the PEA, the estimation of mineral resources, the\nrealization of resource estimates, copper and other metal prices, the timing\nand amount of future development expenditures, the estimation of initial and\nsustaining capital requirements, the estimation of labour and operating costs\n(including the price of acid), the availability of labour, material and acid\nsupply, receipt of and compliance with necessary regulatory approvals and\npermits, timelines for government review of permit applications, the\nestimation of insurance coverage, and assumptions with respect to currency\nfluctuations, environmental risks, title disputes or claims, and other similar\nmatters. While the Company considers these assumptions to be reasonable based\non information currently available to it, they may prove to be incorrect.\n\nForward-looking information involves known and unknown risks, uncertainties\nand other factors which may cause the actual results, performance or\nachievements of the Company to be materially different from any future\nresults, performance or achievements expressed or implied by the\nforward-looking information. Such factors include risks related to the Company\nnot obtaining adequate financing to continue operations, Nuton failing to\ncontinue to fund the stage 2 work program, that the Company does not satisfy\nall of the NYSE American and regulatory requirements to complete a listing of\nADRs on the NYSE American , risks inherent in the construction and operation\nof mineral deposits, including risks relating to changes in project parameters\nas plans continue to be redefined including the possibility that mining\noperations may not be sustained at the Johnson Camp Project, mining does not\ncommence at the Gunnison Copper Project, the assumptions and conclusions set\nout in the PEA prove incorrect, risks related to the delay in review and\napproval of work plans and permits, variations in mineral resources and\nreserves, grade or recovery rates, risks relating to the ability to access\ninfrastructure, risks relating to changes in copper and other commodity prices\nand the worldwide demand for and supply of copper and related products, risks\nrelated to increased competition in the market for copper and related\nproducts, risks related to current global financial conditions on the\nCompany's business, uncertainties inherent in the estimation of mineral\nresources, access and supply risks, risks related to the ability to access\nacid supply on commercially reasonable terms, reliance on key personnel,\noperational risks inherent in the conduct of mining activities, including the\nrisk of accidents, labour disputes, increases in capital and operating costs\nand the risk of delays or increased costs that might be encountered during the\nconstruction or mining process, regulatory risks including the risk that\npermits may not be obtained in a timely fashion or at all, financing,\ncapitalization and liquidity risks, risks related to disputes concerning\nproperty titles and interests, environmental risks and the additional risks\nidentified in the \"Risk Factors\" section of the Company's reports and filings\nwith applicable Canadian securities regulators.\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/317265","article_body_html":"","raw_payload":{"data":{"id":"nNFC7NVzls-20261005","title":"Gunnison Copper Advances Toward NYSE American Listing as Copper Reaches Record Highs","author":"Newsfile Corp","ticker":"GCU","created":"2026-10-05T10:00:20.245Z","tickers":["GCU"],"exchange":"TSX","article_body":"Arizona copper producer supplying U.S. defense sector and Amazon Web Services\ntargets late-October NYSE American debut under ticker \"GUNN\"; flagship project\noffers potential for approximately eightfold expansion of production base\n\nPhoenix, Arizona--(Newsfile Corp. - October 5, 2026) - Gunnison Copper Corp.\n(TSX: GCU) (OTCQB: GCUMF) (FSE: 3XS0) (\"Gunnison\" or the \"Company\") is pleased\nto announce that it has received pre-clearance for a proposed NYSE American\nlisting under the ticker \"GUNN,\" with trading expected in late October 2026,\nsubject to SEC registration effectiveness and final listing approvals. The\nlisting would broaden U.S. investor access to an American copper company\nheadquartered in Phoenix, with mining and development assets entirely in\nArizona, supplying the U.S. defense sector and Amazon Web Services today and\noffering substantial production growth potential.\n\nGunnison's Johnson Camp Mine has annual production capacity of up to 25\nmillion pounds of finished copper cathode. The flagship Gunnison Project's\nMarch 2026 preliminary economic assessment (\"PEA\") estimates average annual\nproduction of 174 million pounds during its first 15 years, creating the\npotential for combined annual output that is nearly eight times Johnson Camp's\nnameplate capacity, subject to development of Gunnison and continued operation\nof Johnson Camp at capacity. The PEA is preliminary in nature and includes\nInferred Mineral Resources that are considered too speculative geologically to\nhave the economic considerations applied to them that would enable them to be\ncategorized as mineral reserves. There is no certainty that the conclusions\nreached in the PEA will be realized. Mineral Resources that are not Mineral\nReserves do not have demonstrated economic viability.\n\n\"Copper connects some of America's most powerful investment themes: artificial\nintelligence, electrification and national defense,\" said Craig Hallworth,\nPresident and Chief Executive Officer of Gunnison Copper. \"We are supplying\nthe U.S. defense sector and Amazon Web Services today, while advancing a\nproject with the potential to transform our production scale. With copper\nprices reaching record highs, we believe the opportunity to build a larger\nAmerican copper business is compelling.\n\n\"We brought Johnson Camp from construction decision to production in under 18\nmonths, an exceptionally fast timeline that demonstrates our ability to\nexecute with urgency and discipline. We intend to bring that same urgency to\naccelerating the Gunnison Project. Our proposed NYSE American listing would\ngive more American investors access to the growth we are working to deliver.\"\n\nAn American Copper Investment Opportunity\n\nProduction today with transformational growth potential\n\nJohnson Camp provides an operating production base, while the Gunnison Project\noffers the potential for a substantial expansion. This combination gives\ninvestors exposure to American copper production today and a large-scale\ndevelopment opportunity, with potential combined annual output nearly eight\ntimes Johnson Camp's nameplate capacity.\n\nSupplying America's defense industry and AI infrastructure today\n\nGunnison supplies copper to the U.S. defense sector today and is a member of\nthe Defense Industrial Base Consortium, supporting its commitment to\nstrengthening America's defense supply chains. The Company also directly\nsupplies Amazon Web Services with copper for data center construction,\nconnecting American copper production with the infrastructure powering cloud\ncomputing and artificial intelligence. These relationships provide tangible\nexposure to defense and digital infrastructure demand today, alongside the\nCompany's substantial production growth potential.\n\nA track record of execution with urgency\n\nGunnison brought Johnson Camp from construction decision to production in\nunder 18 months, demonstrating its ability to advance construction,\ncommissioning and startup on an accelerated schedule. The Company intends to\napply the same urgency and execution discipline to advancing the larger\nGunnison Project, pursuing opportunities to accelerate engineering, permitting\nand development. While Gunnison's scale and requirements will determine its\nultimate schedule, Johnson Camp provides concrete evidence of the team's\nability to move quickly and deliver.\n\nPure American Copper from mining to finished product\n\nJohnson Camp mines American mineralized material and processes copper in\nArizona, producing finished copper cathode on-site without sending material\noverseas for smelting or refining. This keeps processing in the United States\nand preserves control over the copper through production of a finished product\nready for customers. The Gunnison Project is being designed around the same\nmodel, supporting a domestic supply chain that avoids dependence on foreign\nprocessing facilities.\n\nProposed NYSE American Listing and ADR Program\n\nGunnison intends to establish a Level II American Depositary Receipt (\"ADR\")\nprogram, with each ADR representing thirty-five (35) common shares of the\nCompany. The ADRs are expected to trade on NYSE American under the ticker\nsymbol \"GUNN,\" providing U.S. investors with a U.S. dollar-denominated,\nexchange-listed security through which to invest in Gunnison.\n\nThe proposed listing would complement Gunnison's existing Toronto Stock\nExchange listing. The Company's common shares would continue to trade on the\nTSX under the symbol \"GCU.\"\n\nEstablishment of the Level II ADR program and listing on NYSE American remain\nsubject to the filing and effectiveness of applicable registration\ndocumentation with the U.S. Securities and Exchange Commission (\"SEC\"),\nsatisfaction of all applicable NYSE American listing requirements, receipt of\napplicable regulatory approvals and other customary conditions. Pre-clearance\ndoes not constitute final listing approval.\n\nThere can be no assurance that the proposed ADR program or NYSE American\nlisting will be completed on the terms currently contemplated, within any\nanticipated timeframe, or at all. The Company will provide further updates as\nit advances through the listing process.\n\nABOUT GUNNISON COPPER\n\nGunnison Copper Corp. is a multi-asset pure-play copper developer and producer\nthat controls the Cochise Mining District (the district), containing 12 known\ndeposits within an 8 km economic radius, in the Southern Arizona Copper Belt.\n\nIts flagship asset, the Gunnison Copper Project, has a main pit Measured and\nIndicated Mineral Resource containing over 846 million tons with a total\ncopper grade of 0.33% containing 5.19 billion pounds of copper (Measured\nMineral Resource of 192 million tons at 0.37% containing 1.42 billion pounds\nof copper and Indicated Mineral Resource of 655 million tons at 0.31%\ncontaining 3.77 billion pounds of copper).\n\nThe Strong & Harris satellite deposit, located approximately 1.9 miles from\nthe Gunnison processing facilities, is also included in the mine plan and\nhosts an Inferred Mineral Resource of 76 million tons grading 0.49% total\ncopper (0.32% CuOx) at a 0.07% cutoff, 0.56% zinc and 0.12 oz/ton silver,\ncontaining approximately 740 million pounds of copper, including 483 million\npounds of oxide copper, as well as zinc (856 million pounds) and silver (9.0\nmillion ounces).\n\nA preliminary economic assessment (\"PEA\") was completed in March 2026 for the\nGunnison Project yielding robust economics including an NPV8% of $2 billion,\nIRR of 23%, and payback period of 3.9 years. It is being developed as a\nconventional operation with open pit mining, heap leach, and SX/EW refinery to\nproduce finished copper cathode on-site with direct rail link. The PEA is\npreliminary in nature and includes Inferred Mineral Resources that are\nconsidered too speculative geologically to have the economic considerations\napplied to them that would enable them to be categorized as mineral reserves.\nThere is no certainty that the conclusions reached in the PEA will be\nrealized. Mineral Resources that are not Mineral Reserves do not have\ndemonstrated economic viability.\n\nIn addition, Gunnison's Johnson Camp Asset, which is now in production, is\nfully funded by Nuton LLC, a Rio Tinto Venture, with a production capacity of\nup to 25 million lbs of finished copper cathode annually.\n\nOther significant deposits controlled by Gunnison in the district, with\npotential to be economic satellite feeder deposits for Gunnison Project\ninfrastructure, include South Star, and eight other deposits.\n\nFor more information on the Company, please visit our website at\nwww.GunnisonCopper.com.\n\nFor additional information on the Gunnison Project please refer to the\ntechnical report titled \"Gunnison Project NI 43-101 Technical Report,\nPreliminary Economic Assessment, Cochise County, Arizona, USA\" with an\neffective date of March 18, 2026 filed on SEDAR+ at www.sedarplus.ca.\n\nFor additional information on the Johnson Camp Mine please refer to the\ntechnical report titled \"Johnson Camp Mine NI 43-101 Technical Report, Cochise\nCounty, Arizona, USA\" with an effective date of March 18, 2026 filed on SEDAR+\nat www.sedarplus.ca.\n\nDr. Roland Goodgame, Senior VP of Project Development of the Company is a\nQualified Person as defined by NI 43-101. Dr. Goodgame has reviewed and\napproved the technical information contained in this news release.\n\nFor further information regarding this press release, please contact:\n\nGunnison Copper Corp.\nConcord Place, Suite 300, 2999 North 44th Street, Phoenix, AZ, 85018\n\nMelissa Mackie\nT: 647.533.4536\nE: info@GunnisonCopper.com\nwww.GunnisonCopper.com\n\nCautionary Note Regarding Forward-Looking Information\n\nThis news release contains \"forward-looking information\" concerning\nanticipated developments and events that may occur in the future.\nForward-looking information contained in this news release includes, but is\nnot limited to, statements with respect to: (i) the intention to deploy the\nNuton® technology at the Johnson Camp mine and future production therefrom;\n(ii) the continued funding of the stage 2 work program by Nuton; (iii) the\ndetails and expected results of the stage two work program; (iv) future\nproduction and production capacity from the Company's mineral projects; (v)\nthe results of the preliminary economic assessment on the Gunnison Project;\n(vi) the exploration, development, optimization and permitting of the\nCompany's mineral projects; (vii) the completion of a listing of ADRs on the\nNYSE American; and (viii) the establishment of a Level II ADR program.\n\nIn certain cases, forward-looking information can be identified by the use of\nwords such as \"plans\", \"expects\" or \"does not expect\", \"budget\", \"scheduled\",\n\"estimates\", \"forecasts\", \"intends\", \"anticipates\" or \"does not anticipate\",\nor \"believes\", or variations of such words and phrases or state that certain\nactions, events or results \"may\", \"could\", \"would\", \"might\", \"occur\" or \"be\nachieved\" suggesting future outcomes, or other expectations, beliefs, plans,\nobjectives, assumptions, intentions or statements about future events or\nperformance. Forward-looking information contained in this news release is\nbased on certain factors and assumptions regarding, among other things, the\nCompany will satisfy all of the NYSE American and regulatory requirements to\ncomplete a listing of ADRs on the NYSE American, Nuton will continue to fund\nthe stage 2 work program, the availability of financing to continue as a going\nconcern and implement the Company's operational plans, the ability to achieve\nthe conclusions of the PEA, the estimation of mineral resources, the\nrealization of resource estimates, copper and other metal prices, the timing\nand amount of future development expenditures, the estimation of initial and\nsustaining capital requirements, the estimation of labour and operating costs\n(including the price of acid), the availability of labour, material and acid\nsupply, receipt of and compliance with necessary regulatory approvals and\npermits, timelines for government review of permit applications, the\nestimation of insurance coverage, and assumptions with respect to currency\nfluctuations, environmental risks, title disputes or claims, and other similar\nmatters. While the Company considers these assumptions to be reasonable based\non information currently available to it, they may prove to be incorrect.\n\nForward-looking information involves known and unknown risks, uncertainties\nand other factors which may cause the actual results, performance or\nachievements of the Company to be materially different from any future\nresults, performance or achievements expressed or implied by the\nforward-looking information. Such factors include risks related to the Company\nnot obtaining adequate financing to continue operations, Nuton failing to\ncontinue to fund the stage 2 work program, that the Company does not satisfy\nall of the NYSE American and regulatory requirements to complete a listing of\nADRs on the NYSE American , risks inherent in the construction and operation\nof mineral deposits, including risks relating to changes in project parameters\nas plans continue to be redefined including the possibility that mining\noperations may not be sustained at the Johnson Camp Project, mining does not\ncommence at the Gunnison Copper Project, the assumptions and conclusions set\nout in the PEA prove incorrect, risks related to the delay in review and\napproval of work plans and permits, variations in mineral resources and\nreserves, grade or recovery rates, risks relating to the ability to access\ninfrastructure, risks relating to changes in copper and other commodity prices\nand the worldwide demand for and supply of copper and related products, risks\nrelated to increased competition in the market for copper and related\nproducts, risks related to current global financial conditions on the\nCompany's business, uncertainties inherent in the estimation of mineral\nresources, access and supply risks, risks related to the ability to access\nacid supply on commercially reasonable terms, reliance on key personnel,\noperational risks inherent in the conduct of mining activities, including the\nrisk of accidents, labour disputes, increases in capital and operating costs\nand the risk of delays or increased costs that might be encountered during the\nconstruction or mining process, regulatory risks including the risk that\npermits may not be obtained in a timely fashion or at all, financing,\ncapitalization and liquidity risks, risks related to disputes concerning\nproperty titles and interests, environmental risks and the additional risks\nidentified in the \"Risk Factors\" section of the Company's reports and filings\nwith applicable Canadian securities regulators.\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/317265"},"type":"article","timestamp":"2026-10-05T10:00:20.300726964Z","server_sent_at_ms":1791194420300},"received_at":"2026-10-05T10:00:20.454Z","source_url":"https://www.newsfilecorp.com/release/317265"},"analysis":{"id":"148720","press_release_id":"160143","analysis_json":{"industry":{"label":"Metals & Mining","sector":"Materials"},"redFlags":["Listing is pre-clearance only, not final approval; subject to SEC registration effectiveness and NYSE American requirements","PEA is preliminary, relies on Inferred Resources, and there is no certainty conclusions will be realized"],"eventType":"ticker_change","narrative":"Gunnison Copper has received pre-clearance for a NYSE American listing under ticker \"GUNN,\" with trading expected in late October 2026 via a Level II ADR program in which each ADR represents 35 common shares.\n\nThe listing remains subject to SEC registration effectiveness and final NYSE American approvals, and the company cautions there is no assurance it will be completed. TSX shares will continue trading as GCU.\n\nThe company is highlighting record copper prices, direct supply relationships with the U.S. defense sector and Amazon Web Services, and a March 2026 PEA for its flagship Gunnison Project showing $2 billion NPV8%, 23% IRR, and potential combined output nearly eight times Johnson Camp's 25-million-pound annual capacity.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Small-cap Arizona copper producer lands NYSE American pre-clearance under GUNN as copper hits record highs -- watch for SEC effectiveness as the gating catalyst."},"keyFigures":{"customDimensions":{"pea_irr":"23%","pea_npv8":"$2 billion","adr_ratio":"1 ADR = 35 common shares","pea_payback":"3.9 years","m_and_i_resource":"846 million tons at 0.33% Cu (5.19 billion lbs copper)","expansion_multiple":"nearly 8x Johnson Camp nameplate capacity","jcm_production_capacity_lbs":"25 million lbs/year copper cathode","pea_avg_annual_production_lbs":"174 million lbs over first 15 years"}},"quotedText":"Copper connects some of America's most powerful investment themes: artificial intelligence, electrification and national defense","namedEntities":{"people":[{"name":"Craig Hallworth","role":"President and CEO"},{"name":"Dr. Roland Goodgame","role":"Senior VP of Project Development, Qualified Person"},{"name":"Melissa Mackie","role":"Investor contact"}],"products":["Johnson Camp Mine","Gunnison Copper Project","Level II ADR program (ticker GUNN)"],"companies":[{"name":"Gunnison Copper Corp.","ticker":"GCU","relationship":"filer"},{"name":"Amazon Web Services","relationship":"customer"},{"name":"Nuton LLC (a Rio Tinto Venture)","relationship":"funder of Johnson Camp"},{"name":"Rio Tinto","relationship":"parent of Nuton"},{"name":"Defense Industrial Base Consortium","relationship":"member organization"},{"name":"NYSE American","relationship":"proposed listing exchange"},{"name":"SEC","relationship":"regulator"}],"dollarAmounts":[{"amount":"$2 billion","context":"Gunnison Project PEA NPV8%"},{"amount":"5.19 billion pounds","context":"copper contained in Measured and Indicated resource"},{"amount":"174 million pounds","context":"PEA average annual production, first 15 years"},{"amount":"25 million pounds","context":"Johnson Camp annual production capacity"}]},"materialImpact":{"score":3,"reasoning":"A NYSE American listing with a Level II ADR program broadens U.S. investor access and liquidity for a small-cap copper producer, but the listing is not yet final and no capital is being raised. Combined with record copper prices and a large PEA-backed expansion story, it is a meaningful catalyst but not market-moving."},"tickerRelevance":{"others":[],"primary":"GCU"},"globalImportance":30,"audienceRelevance":25,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"exchange listing / ADR program pre-clearance","sectorWeight":"copper at record highs, AI/defense demand themes","retailFavoriteBoost":"modest"}},"event_type":"ticker_change","event_type_secondary":null,"sentiment":"bullish","material_impact_score":3,"narrative":"Gunnison Copper has received pre-clearance for a NYSE American listing under ticker \"GUNN,\" with trading expected in late October 2026 via a Level II ADR program in which each ADR represents 35 common shares.\n\nThe listing remains subject to SEC registration effectiveness and final NYSE American approvals, and the company cautions there is no assurance it will be completed. TSX shares will continue trading as GCU.\n\nThe company is highlighting record copper prices, direct supply relationships with the U.S. defense sector and Amazon Web Services, and a March 2026 PEA for its flagship Gunnison Project showing $2 billion NPV8%, 23% IRR, and potential combined output nearly eight times Johnson Camp's 25-million-pound annual capacity.","key_figures":{"customDimensions":{"pea_irr":"23%","pea_npv8":"$2 billion","adr_ratio":"1 ADR = 35 common shares","pea_payback":"3.9 years","m_and_i_resource":"846 million tons at 0.33% Cu (5.19 billion lbs copper)","expansion_multiple":"nearly 8x Johnson Camp nameplate capacity","jcm_production_capacity_lbs":"25 million lbs/year copper cathode","pea_avg_annual_production_lbs":"174 million lbs over first 15 years"}},"named_entities":{"people":[{"name":"Craig Hallworth","role":"President and CEO"},{"name":"Dr. Roland Goodgame","role":"Senior VP of Project Development, Qualified Person"},{"name":"Melissa Mackie","role":"Investor contact"}],"products":["Johnson Camp Mine","Gunnison Copper Project","Level II ADR program (ticker GUNN)"],"companies":[{"name":"Gunnison Copper Corp.","ticker":"GCU","relationship":"filer"},{"name":"Amazon Web Services","relationship":"customer"},{"name":"Nuton LLC (a Rio Tinto Venture)","relationship":"funder of Johnson Camp"},{"name":"Rio Tinto","relationship":"parent of Nuton"},{"name":"Defense Industrial Base Consortium","relationship":"member organization"},{"name":"NYSE American","relationship":"proposed listing exchange"},{"name":"SEC","relationship":"regulator"}],"dollarAmounts":[{"amount":"$2 billion","context":"Gunnison Project PEA NPV8%"},{"amount":"5.19 billion pounds","context":"copper contained in Measured and Indicated resource"},{"amount":"174 million pounds","context":"PEA average annual production, first 15 years"},{"amount":"25 million pounds","context":"Johnson Camp annual production capacity"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-05T10:00:28.355Z","global_importance":30,"audience_relevance":25,"importance_components":{"tickerTier":"small-cap","eventGravity":"exchange listing / ADR program pre-clearance","sectorWeight":"copper at record highs, AI/defense demand themes","retailFavoriteBoost":"modest"}},"durationMs":7886,"modelName":"glm-5.3-flashx"}}