Arizona Sonoran Copper Company Inc. (TSX:ASCU) (OTCQX:ASCUF)  is pleased to announce that it has completed a buyback of 1% of the Bronco Creek Exploration net smelter royalty for a cash payment of US$500,000, reducing the NSR from 1.5% to a remaining 0.5% NSR. The NSR applies to the BCE parcel which comprises a portion of the Parks/Salyer deposit on the Cactus Project. In FIGURE 1, the BCE parcel is represented in yellow.

Nick Nikolakakis, Arizona Sonoran CFO and VP Finance commented, “Leading into 2025 and post-2024 Preliminary Economic Assessment, ASCU has a strong balance sheet to advance its programs and optimize the Company’s assets. The finance team is now acting on a previously identified program to leverage the copper price on future copper production and deliver copper price and production upside back to shareholders through efficient capital allocation. Our models have demonstrated this royalty buyback reflects good potential upside value to our shareholders as we advance the Cactus Project.

About Arizona Sonoran Copper Company

ASCU is a copper exploration and development company with a 100% interest in the brownfield Cactus Project. The Project, on privately held land, contains a large-scale porphyry copper resource and a recent 2024 PEA proposes a generational open pit copper mine with robust economic returns. Cactus is a lower risk copper developer benefitting from a State-led permitting process, in place infrastructure, highways and rail lines at its doorstep and onsite permitted water access. The Company objective is to develop Cactus and become a mid-tier copper producer with low operating costs, that could generate robust returns and provide a long-term sustainable and responsible operation for the community, investors and all stakeholders. The Company is led by an executive management team and Board which have a long-standing track record of successful project delivery in North America complemented by global capital markets expertise.

FIGURE 1: Map of the Cactus Project. (Graphic: Business Wire)