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NEWS News Releases Industry News Analyst Coverage		INDUSTRY NEWS October 3, 2005 Cooper grants 30-cent options to replace 18-cent ones Mr. Craig Walker reports INCENTIVE STOCK OPTIONS RE-PRICED Further to its news release of Sept. 30, 2005, Cooper Minerals Inc. has cancelled the grant of 500,000 incentive stock options having an exercise price of 18 cents per share. Pursuant to the stock option plan approved by the shareholders at the last annual general meeting, the company has granted incentive stock options to directors, officers and advisers of the company to purchase up to 600,000 common shares. The options will be granted for a period of five years, exercisable at a price of 30 cents per share. WARNING: The company relies upon litigation protection for "forward-looking" statements. Go back to the previous page

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