Allied Copper Comments on Recent Promotional and Trading Activities at Request of OTC Markets

VANCOUVER, British Columbia, May 20, 2022 (GLOBE NEWSWIRE) -- Allied Copper Corp. (TSX-V: CPR, OTCQB: CPRRF) (the “Company” or “Allied Copper”) has been requested by OTC Markets Group Inc. to issue this statement about promotional activity concerning its common stock. On May 16, 2022, OTC Markets informed the Company that it became aware of certain promotional activities concerning the Company and its common stock traded on the OTCQB Marketplace, including the distribution of a promotional newsletter e-mail published by third parties managed by Emerging Markets Consulting LLC (“EMC”) discussing the industry and Company, its properties and the green energy sector (the “Promotional Content”). OTC Markets provided an example of the promotion material for reference. The Company was aware of the Promotional Content prior to its release on May 16, 2022.