Highland Copper Announces Extension of White Pine Acquisition Closing

LONGUEUIL, QUEBEC--(Marketwired - March 2, 2017) - Highland Copper Company Inc. (TSX VENTURE:HI) (the "Company") announces that Copper Range Company ("CRC"), a wholly-owned subsidiary of First Quantum Minerals Ltd., and the Company have agreed to extend the period to complete the acquisition of the White Pine project to June 30, 2017. The final closing of the acquisition is subject to releasing CRC from certain environmental obligations associated with the remediation and closure plan of the historical White Pine mine site in a manner that is acceptable to all parties involved, including applicable governmental authorities, and replacing the related environmental bond posted by CRC.

Updated website now available

The Company also announces that it has launched a new and completely redesigned website which can be seen at www.highlandcopper.com.

About Highland

Highland Copper Company Inc. is a Canadian exploration company focused on exploring and developing copper projects in the Upper Peninsula of Michigan, U.S.A. More information about the Company is available on the Company's website at www.highlandcopper.com and on SEDAR at www.sedar.com.

Cautionary Statement

This press release contains certain forward-looking statements within the meaning of applicable Canadian securities legislation. These forward-looking statements involve certain risks and uncertainties, including, without limitation, being unable to meet the final closing conditions of the acquisition of the White Pine Project on terms acceptable to the Company, CRC and the Michigan Department of Environmental Quality for the transfer of environmental obligations, All forward looking statements in this press release are based on information available to the Company as of the date hereof, and the Company undertakes no obligation to update forward-looking statements except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.