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Greenstone Provides Update on Holdings of Highland Copper Company Inc.

1. Greenstone sold 117,335,620 shares in Highland Copper for $14.67 million. 2. Post-transaction, Greenstone no longer holds any shares in Highland. 3. The sale represents a 15.93% decrease in Greenstone's holdings. 4. Greenstone may consider future acquisitions or sales of Highland securities. 5. The transaction was reported following regulatory compliance requirements.

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FAQ

Why Very Bearish?

Greenstone's complete divestment of a significant stake could indicate a lack of confidence in Highland's future. Historically, significant shareholder exits have preceded stock price declines.

How important is it?

Greenstone's total exit from Highland could trigger negative sentiment among investors, influencing market perception and potential sell-offs.

Why Short Term?

The immediate market reaction may reflect Greenstone's exit, influencing Highland's short-term stock price negatively.

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HCCHIGHL
November 07, 2025 08:30 ET  | Source: Greenstone Resources II L.P. GUERNSEY, Channel Islands, Nov. 07, 2025 (GLOBE NEWSWIRE) -- Greenstone Resources II L.P. (“Greenstone”) announces that it has disposed of 117,335,620 common shares (“Shares”) in the capital of Highland Copper Company Inc. (“Highland”) at a price of $0.125 per Share for aggregate gross proceeds of $14,666,952.50 through a block trade over the facilities of an exchange in Canada (the “Transaction”). Immediately prior to the completion of the Transaction, Greenstone beneficially owned and controlled 117,335,620 Shares, representing 15.93% of the issued and outstanding Shares of Highland on a non-diluted basis. Greenstone had no dilutive securities. Immediately following completion of the Transaction, Greenstone no longer beneficially owns and controls any Shares, representing a decrease of 15.93% in Greenstone’s holdings of the Shares. This disclosure is being made pursuant National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues which requires a report to be filed under Highland’s profile on SEDAR+ containing additional information respecting the foregoing matters. To obtain a copy of the early warning report to be filed by Greenstone in connection with this press release, please contact: Gary Mauger at +44 (0) 1481 749 700. The Transaction was completed by Greenstone for investment purposes. Depending on market conditions and other factors, Greenstone may from time to time acquire and/or dispose of additional securities in Highland. Greenstone’s address is set out below. Greenstone Resources II L.P.East Wing, Trafalgar Court, Les Banques St Peter Port, Guernsey, GY1 3PP Highland Copper Company Inc.Royal Centre, 1055 West Georgia StreetSuite 1500Vancouver, British Columbia, GY1 3PP

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