Vancouver, British Columbia (Newsfile Corp. - February 23, 2022) - Atacama Copper Corporation (TSXV: ACOP) ("Atacama Copper" or the "Company") is pleased to announce the extension of its tenement holding
1246773 B.C. Ltd. Announces Proposed Acquisition of Chilean Mining Properties from 2311548 Alberta Ltd. and Business Combination to Form Atacama Copper Holdings Corp.
773 ) announces that it has agreed to complete a series of transactions with 2311548 Alberta Ltd. (
TargetCo ) that will result in 773 (to be named Atacama Cobre Ltd. as discussed below) indirectly acquiring the rights to the El Cofre Project, the Los Naranjos Project, the Caballo Muerto Project and the Placeton Project located in Chile (the
Chile Properties ). The proposed transactions will be effected through an amalgamation agreement (the
Amalgamation Agreement ). The transactions are conditional on TargetCo completing the Private Placement (as defined below) and the TSX Venture Exchange (