Copper Quest Exploration Inc. — Board/Management Information 2021

Aug 13, 2021

FORM 51-102F3 MATERIAL CHANGE REPORT

Item 1 Name and Address of Company

Interra Copper Corp. (the “ Company ”) Suite 2200, 885 West Georgia Street Vancouver, British Columbia Canada V6C 3E8

Item 2 Date of Material Change

August 12, 2021

Item 3 News Release

The Company disseminated a news release in respect of the material change referred to in this report on August 12, 2021, through Accesswire and a copy was subsequently filed on SEDAR.

Item 4 Summary of Material Change

The Company announced the appointment of Mr. Jason Nickel to the position of Chief Executive Officer (“ CEO ”) effective immediately. The Company also announced an extension to its drilling program on its 100% owned Thane Project.

Item 5 Full Description of Material Change

5.1 Full Description of Material Change

The Company announced the appointment of Mr. Jason Nickel, P.Eng., to the position of CEO effective immediately.

Mr. Nickel holds a degree in Applied Science in Mine Engineering from the University of British Columbia and a post graduate diploma in Business Administration from Simon Fraser University. Jason brings 25 years of experience in Mine Operations, Engineering, Project Development, and resource company management to the Company along with a decade of corporate and junior resource markets focus.

Interim President and CEO, Dave McMillan, remains active with the Company as a Director and will assist in Mr. Nickel’s transition to CEO. The Company thanks Dave for his dedication and contributions over the past many months and looks forward to his continued involvement with the Company.

At the Company’s 100% owned Thane Project, the Company is pleased to report that the diamond drilling, geological mapping, prospecting, soil sampling, and geophysical surveying program, which commenced in early July, is on schedule and budget.

Core samples from the first three drill holes have been submitted to ALS Laboratory for analysis, with initial results expected in the coming weeks. Logging on site has identified mineralization that is consistent with the IP and soil geochemistry results obtained from last years’ exploration program. The drilling undertaken this year by the Company is the first ever drill holes to test the Cathedral Area. The Company is pleased to report that the promising indications from these early drill holes has resulted in an extension of the drilling program.

5.2 Disclosure for Restructuring Transactions

Not applicable,

Item 6 Reliance on Subsection 7.1(2) of National Instrument 51-102

This report is not being filed on a confidential basis.

Item 7 Omitted Information

There are no significant facts required to be disclosed herein which have been omitted.

Item 8 Executive Officer

Jason Nickel Chief Executive Officer and Director Telephone: 604-588-2110

Item 9 Date of Report

August 12, 2021