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Chakana Copper Corp : Chakana Copper Closes Second Tranche of Private Placement

Chakana Copper Corp.: Chakana Copper Closes Second Tranche of Private Placement Vancouver, British Columbia (Newsfile Corp. - March 11, 2021) - Chakana Copper Corp. (TSXV: PERU) (OTCQB: CHKKF) (FSE: 1ZX) (the Chakana ), is pleased to announce that it has completed a second and final tranche of its non-brokered private placement previously announced on January 20, 2021 (the Private Placement ). Pursuant to the second tranche of the Private Placement, the Company sold and issued 3,874,516 common shares of the Company at a price of C$0.50 per common share for gross proceeds of C$1,937,258. In total, Chakana sold and issued an aggregate of 18,060,516 common shares at a price of C$0.50 per common share for gross proceeds of C$9,030,258 pursuant to the Private Placement.

Gold Fields Acquires Shares of Chakana Copper Corp

VANCOUVER, British Columbia, Feb. 11, 2021 (GLOBE NEWSWIRE) Gold Fields Nazca Holdings Inc. (“ GFNH”), a wholly-owned indirect holding subsidiary of Gold Fields Limited, announces that it has purchased 5,810,000 common shares (“ Chakana Shares”) in the capital of Chakana Copper Corp. (“ Chakana”) (TSX-V: PERU; OTC: CHKKF; FWB: 1ZX) from treasury at a price of C$0.50 per Chakana Share for an aggregate cost of C$2,905,000. The purchase was completed pursuant to a subscription agreement between Chakana and GFNH and following the exercise of a participation right under an investment agreement between GFNH and Chakana dated April 29, 2019 (the “ Investment Agreement”) in the context of a larger offering of Chakana Shares (the “

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