Star Copper Corp. Announces Equity Award Grants to Directors, Officers and Consultants

Star Copper Corp. (CSE: STCU ; OTCQX: STCUF) announced on 30 January 2026 that it has granted a total of 4,400,000 incentive awards under its omnibus equity incentive plan. The awards comprise 3,400,000 restricted share units (RSUs), 500,000 stock options (Options) and 500,000 performance share units (PSUs).

Restricted Share Units

  • 3,400,000 RSUs granted on 30 January 2026.
  • Vesting schedule: one‑third of the RSUs vest on the first, second and third year anniversaries of the grant date, i.e. 1 January 2027, 1 January 2028 and 1 January 2029.
  • Each vested RSU may be redeemed for one common share of the Company, cash or a combination of both in accordance with the Plan.
  • The Company may, at its discretion, defer vesting of any portion of the RSUs to a subsequent year.

Stock Options

  • 500,000 Options granted on 30 January 2026.
  • Exercise price: $1.15 per common share.
  • Expiry: 29 January 2029.
  • Vesting schedule: 20 % of the Options vest on the grant date, with the remaining 80 % vesting in equal portions on the 6‑, 12‑, 18‑ and 24‑month anniversaries of the grant date.

Performance Share Units

  • 500,000 PSUs granted on 30 January 2026.
  • Each PSU entitles the holder to receive up to one common share upon the occurrence of a qualifying event: a third‑party investor acquiring more than 5 % of the Company’s issued and outstanding common shares.
  • PSUs will vest upon satisfaction of the performance condition.

The grants are made in accordance with the policies of the Canadian Securities Exchange and applicable securities laws. The awards are intended to align the interests of key personnel with those of shareholders.

Recent Financial Performance

Star Copper reported its financial results for the quarter ended 30 September 2025 on 28 January 2026. The Company disclosed a loss per share of 0.20 CAD for the quarter, compared with a loss of 0.57 CAD per share in the same period of the previous year. The results are consistent with the Company’s ongoing exploration and development activities, which currently generate limited revenue.

Company Background

Star Copper is a mining company incorporated in Canada and listed on the Canadian National Stock Exchange (CSE). As of 28 January 2026, the Company’s market capitalisation was approximately 13.9 million CAD and its share price was 1.20 CAD. The company’s price‑earnings ratio stood at –7.9, reflecting its current operating loss.

The Board of Directors, led by Chief Executive Officer and President Darryl Jones, has approved the incentive awards as part of the Company’s long‑term compensation strategy.