Vancouver, July 10, 2020 - Chakana Copper Corp. (TSXV: PERU) (OTCQB: CHKKF) (FSE: 1ZX) (the "Company" or "Chakana") announces that it has granted stock options to certain of its directors, officers and consultants to purchase up to 2,050,000 common shares. Each option is exercisable to acquire one common share of Chakana at a price of $0.40 until July 10, 2025. The grant of options was previously approved and agreed to by the board but were deferred pending permit success. The options will vest over an 18-month period and in accordance with the Company's stock option plan.
About Chakana Copper Corp. Chakana Copper Corp. is a Canadian based minerals exploration company that is currently advancing the expanded Soledad copper-gold-silver project in the Ancash region of the highly prolific Miocene mineral belt of Peru. The Soledad Project consists of high-grade copper-gold-silver mineralization hosted in tourmaline breccia pipes. A total of 30,273m of drilling has been completed to-date, testing seven of twenty-three confirmed breccia pipes. For more information on the Soledad project, please visit the website at www.chakanacopper.com.
ON BEHALF OF THE BOARD (signed) "David Kelley" David Kelley President and CEO
For further information contact: Joanne Jobin, Investor Relations Officer Phone: 647 964 0292 Email: jjobin@chakanacopper.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/59534
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