Michigan Strategic Fund Approves $50 Million Grant for Highland Copper's Copperwood Project

VANCOUVER, British Columbia, March 26, 2024 (GLOBE NEWSWIRE) -- Highland Copper Company Inc. (TSXV: HI; OTCQB: HDRSF) (“Highland” or the “Company”) is proud to announce that after review of the permitted Copperwood Project (the “Project”), the Michigan Strategic Fund Board has unanimously approved a performance-based grant of $50 million from the Strategic Site Readiness Program (“SSRP”). The Copperwood Project is strongly aligned with Michigan’s focus on mobility and electrification and has the potential to be a key source of U.S. domestic copper to supply the ongoing clean energy transition. The transfer of funds is pending final approval from the Appropriations Committees in both the Michigan House and Senate.

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