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Chakana Announces Closing of C$1.25 M Financing with Strategic Placement from EMR Capital

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Chakana Copper (TSXV: PERU) has successfully completed a C$1.25 million non-brokered private placement, issuing 17,857,156 units at C$0.07 per unit. Each unit includes one common share and one warrant exercisable at C$0.09 for three years.

Notably, EMR Capital, a global private equity firm focused on natural resources, has made a strategic investment of C$346,356.33, acquiring a 10.5% equity stake in Chakana. EMR Capital receives anti-dilution rights, board nomination rights, and project advisor appointment rights. The company plans to use proceeds for evaluating new opportunities, exploration, and working capital purposes.

Additionally, the TSX Venture Exchange has approved a previously announced debt settlement with directors, officers, and consultants for management fees and services.

Chakana Copper (TSXV: PERU) ha completato con successo una offerta privata non brokerata da C$1,25 milioni, emettendo 17.857.156 unità a C$0,07 per unità. Ogni unità comprende una azione ordinaria e una warrant con esercizio a C$0,09 per tre anni.

Nell'operazione, EMR Capital, un private equity globale focalizzato sulle risorse naturali, ha effettuato un investimento strategico di C$346.356,33, acquisendo una participazione azionaria del 10,5% in Chakana. EMR Capital ottiene diritti anti-diluizione, diritti di nomina al consiglio e diritti di nomina come consulente di progetto. L'azienda prevede di utilizzare i proventi per valutare nuove opportunità, per esplorazioni e per il capitale circolante.

Inoltre, la TSX Venture Exchange ha approvato una precedente accordo di sistema debito con amministratori, dirigenti e consulenti per onorare compensi e servizi gestionali.

Chakana Copper (TSXV: PERU) ha completado con éxito una colocación privada no intermediada de C$1,25 millones, emitiendo 17,857,156 unidades a C$0,07 por unidad. Cada unidad incluye una acción común y una warrant exercitable a C$0,09 durante tres años.

Cabe destacar que EMR Capital, una firma global de private equity enfocada en recursos naturales, ha realizado una inversión estratégica de C$346.356,33, adquiriendo una participación accionaria del 10,5% en Chakana. EMR Capital recibe derechos antidilución, derechos de nominación al consejo y derechos de nombramiento como asesor del proyecto. La empresa planea usar los fondos para evaluar nuevas oportunidades, exploración y fines de capital de trabajo.

Además, la TSX Venture Exchange ha aprobado un acuerdo de liquidación de deuda previamente anunciado con directores, ejecutivos y consultores para honorarios y servicios de gestión.

Chakana Copper (TSXV: PERU)브로커 없는 비공개 배정으로 C$1.25백만을 성공적으로 마쳤고, 단위당 C$0.07로 17,857,156단위를 발행했습니다. 각 단위에는 보통주 1주와 3년간 행사 가능한 보통주 매입권(워런트) 1개가 포함되어 있습니다.

주목할 점으로, 글로벌 프라이빗 에쿼티 기업인 EMR Capital이 천연자원에 집중하는 전략적 투자로 C$346,356.33를 투자해 Chakana의 10.5%의 지분을 취득했습니다. EMR Capital은 희석 방지 권리, 이사회 지명권, 프로젝트 자문사 임명권을 받습니다. 회사는 조달금을 신규 기회 평가, 탐사 및 운전자본 용도로 사용할 계획입니다.

또한 TSX Venture Exchange는 이사, 임원 및 컨설턴트와의 채무 합의에 대해 이미 발표된 채무 정산을 승인했습니다.

Chakana Copper (TSXV: PERU) a terminé avec succès une levée de fonds privée non banque-partnerisée de 1,25 M C$, émettant 17 857 156 unités à 0,07 C$ par unité. Chaque unité comprend une action ordinaire et un warrant exerçable à 0,09 C$ pendant trois ans.

Notamment, EMR Capital, un fonds de private equity mondial axé sur les ressources naturelles, a effectué un investissement stratégique de C$346 356,33, acquérant une participation de 10,5% dans Chakana. EMR Capital bénéficie de droits anti-dilution, de droits de nomination au conseil et de droits de nomination comme conseiller de projet. L’entreprise prévoit d’utiliser les fonds pour évaluer de nouvelles opportunités, l’exploration et le fonds de roulement.

De plus, le TSX Venture Exchange a approuvé un règlement d’endettement précédemment annoncé avec les administrateurs, les dirigeants et les conseillers pour les honoraires et les services.

Chakana Copper (TSXV: PERU) hat erfolgreich eine nicht brokergestützte Privatplatzierung in Höhe von C$1,25 Mio. abgeschlossen und 17.857.156 Einheiten zu je C$0,07 ausgegeben. Jede Einheit umfasst eine Stammaktie und eine Ausübungseinheit (Warrant) zu C$0,09 für drei Jahre.

Bemerkenswert ist, dass EMR Capital, ein globaler Private-Equity-Fonds mit Fokus auf Rohstoffe, eine strategische Investition von C$346.356,33 getätigt hat und eine 10,5%-Beteiligung an Chakana erwirbt. EMR Capital erhält Anti-Dilution-Rechte, Sitzzahlaritungsrechte und Rechte zur Ernennung eines Projektberaters. Das Unternehmen plant, die Erlöse für die Evaluierung neuer Chancen, Exploration und Betriebsmittel zu verwenden.

Zusätzlich hat die TSX Venture Exchange eine zuvor angekündigte Schuldenregulierung mit Direktoren, Offizieren und Beratern für Verwaltungsgebühren und Dienstleistungen genehmigt.

Chakana Copper (TSXV: PERU) أنجزت بنجاح إغلاقاً خاصاً غير وسيط بقيمة 1.25 مليون دولار كندي مع إصدار 17,857,156 وحدة بسعر 0.07 دولار كندي للوحدة. تشمل كل وحدة سهماً عادياً واحداً ومحققة حق شراء (Warrant) يمكن ممارسته بسعر 0.09 دولار كندي لمدة ثلاث سنوات.

ولافت للنظر أن EMR Capital، وهي شركة أسهم خاصة عالمية تركز على الموارد الطبيعية، قد قامت باستثمار استراتيجي قدره 346,356.33 دولار كندي، باقتناء حصة ملكية نسبتها 10.5% من Chakana. تمنح EMR Capital حقوقاً مضادة للتخفيف من الإذابة وحقوق ترشيح للمجلس وحقوق تعيين كمستشار للمشروع. تخطط الشركة لاستخدام العائدات في تقييم فرص جديدة، والاستكشاف، ورأس المال العامل.

بالإضافة إلى ذلك، وافقت بورصة TSX Venture على تسوية ديون أعلنت سابقاً مع المديرين والموظفين والمستشارين فيما يتعلق بأتعاب الإدارة والخدمات.

Chakana Copper (TSXV: PERU) 已成功完成<非经纪私募募集1,250万加元,发行了17,857,156份单位,每单位0.07加元。每单位包含1股普通股及1份可在三年内按0.09加元行使的认股权证。

值得关注的是,全球专注于自然资源的私募股权公司 EMR Capital 已进行一项战略投资,金额为加元346,356.33,收购 Chakana 10.5%的股权。 EMR Capital 获得防稀释权、董事会提名权及项目顾问任命权。公司计划将募集资金用于评估新机会、勘探及营运资金用途。

此外,TSX Venture Exchange 已批准先前宣布的与董事、高管及顾问之间的债务和解,以用于管理费及服务。

Positive
  • Strategic investment from EMR Capital, securing a 10.5% equity stake
  • Successful raise of C$1.25M through private placement
  • Settlement of all remaining board and management debt
  • Strong copper and precious metal market prices noted by management
Negative
  • Significant dilution with issuance of 17.8M new units at C$0.07
  • Warrants could lead to further dilution if exercised at C$0.09
  • Insider participation in private placement and debt settlement may raise governance concerns

Vancouver, British Columbia--(Newsfile Corp. - September 29, 2025) - Chakana Copper Corp. (TSXV: PERU) (FSE: 1ZX0) (the "Company" or "Chakana") is pleased to announce that further to its news release dated September 11, 2025, it has completed a non-brokered private placement (the "Private Placement") of 17,857,156 units ("Units") at a price of C$0.07 per Unit for gross proceeds of C$1,250,000.92.

Each Unit consists of one common share in the capital of the Company (each, a "Share") and one common share purchase warrant (a "Warrant"). Each Warrant entitles the holder to purchase one additional Share at a price of C$0.09 per Share for a period of three years from closing of the Private Placement.

David Kelley, President and CEO commented, "We are excited to see such strong support for the financing and to welcome EMR Capital as a new shareholder. The primary use of the proceeds will be for evaluating new opportunities at a time of very strong copper and precious metal prices."

EMR Capital Management Limited ("EMR Capital") is a global private equity firm focused on the natural resources sector, leveraging their extensive operational expertise to identify new opportunities throughout the resources life cycle and unlock value for their shareholders. EMR Capital combines operational excellence and environmental stewardship with a sincere commitment to providing long-term sustainable benefits to host communities.

EMR Capital acquired 4,947,948 Units in the Private Placement for total proceeds of C$346,356.33, resulting in a 10.5% non-diluted equity interest in the Company. Pursuant to an investor rights agreement between the Company and EMR Capital, EMR Capital was granted customary anti-dilution rights to maintain its ownership interest, the right to nominate one director to the Company's board of directors and the right to appoint a project advisor to support and oversee the Company's mineral project. In addition, an officer of the Company purchased an aggregate of 3,166,686 Units in the Private Placement for total proceeds of C$221,668.05.

The Company intends to use the net proceeds of the Private Placement to evaluate new opportunities, exploration, and for general working capital and administrative purposes. There are no proposed payments to persons conducting investor relations activities.

Chakana paid aggregate cash finder's fees of C$1,928.67 and issued 27,552 non-transferable finder's warrants (the "Finder's Warrants") in connection with the Private Placement. Each Finder's Warrant is exercisable to purchase one Share at a price of C$0.09 per Share for a period of three years from closing of the Private Placement.

All securities issued in the Private Placement are subject to a four-month hold period expiring on January 27, 2026 in accordance with applicable Canadian securities laws, in addition to such other restrictions as may apply under applicable securities laws in jurisdictions outside of Canada. The Private Placement remains subject to the final approval of the TSX Venture Exchange.

In addition, the Company announces that the TSX Venture Exchange has approved the previously announced debt settlement with certain directors, officers and consultants (the "Creditors") for management fees and services previously provided as disclosed on September 24, 2025. This transaction fully settles all remaining board and management debt. The Debt Shares are subject to a statutory hold period of four months and one day from the date of issuance.

An insider participated in the Private Placement and certain members of the Company's management team participated in the shares-for-debt transaction, which involved the issuance of securities to related parties as defined under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). Such participation is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 pursuant to the exemptions contained in sections 5.5(c) and 5.7(1)(a). The Company further confirms that, other than EMR Capital becoming a new insider as a result of its participation in the Private Placement, these issuances will not result in the creation of any additional insiders or control persons.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

About Chakana Copper Corp

Chakana Copper Corp is a Canadian-based minerals exploration Company that is currently advancing the La Joya project located in the Ancash region of Peru, a highly favorable mining jurisdiction with supportive communities. La Joya has three well-defined target areas based on extensive multi-disciplinary exploration: 1) precious metal mineralization at the La Joya high-sulfidation epithermal zone; 3) mineralization related to the Mega-Gold intrusive center; and 3) the Compañero gold zone. In addition, Chakana owns a 1% net smelter royalty over the Soledad property in the active Aija-Ticapampa mining district (see news release dated October 8, 2024). Chakana is also evaluating new opportunities. For more information on Chakana, please visit the website at www.chakanacopper.com or Chakana's profile at www.sedarplus.ca

Qualified Person

David Kelley, an officer, and a director of Chakana, and a Qualified Person as defined by NI 43-101, reviewed and approved the technical information in this news release.

ON BEHALF OF THE BOARD

(signed) "David Kelley"
David Kelley
President and CEO

For further information, contact:
Investor Relations: Info
Email: info@chakanacopper.com
Telephone: 720-233-2166

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain "forward-looking statements" under applicable Canadian securities legislation relating to plans for future exploration and drilling and the timing of same, the merits of the Company's mineral projects and other plans of the Company, including statements relating to the use of proceeds from the Private Placement, the receipt of final approval of the Private Placement from the TSX Venture Exchange, EMR Capital's participation and rights under the investor rights agreement and the exercise thereof, the Company's intention to evaluate new opportunities, and its planned exploration and project advancement activities. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words "encouraging", "expects", "plans", "anticipates", "believes", "interpret", "intends", "estimates", "projects", "aims", "suggests", "often", "target", "future", "likely", "pending", "potential", "goal", "objective", "prospective", "possibly", "preliminary" and similar expressions, or that events or conditions "will", "would", "may", "can", "could" or "should" occur, or other statements, which, by their nature, refer to future events. The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made, and that such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

Factors that could cause future results to differ materially from those anticipated in forward-looking statements include risks associated with exploration and drilling; the timing and content of upcoming work programs; geological interpretations based on drilling that may change with more detailed information; possible accidents; the possibility that the Company may not be able to secure permitting and other governmental approvals necessary to carry out the Company's plans; the risk that the Company will not be able to raise sufficient funds to carry out its business plans; the possibility that future exploration results will not be consistent with the Company's expectations; increases in costs; environmental compliance and changes in environmental and other local legislation and regulation; interest rate other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors and exchange rate fluctuations; changes in economic and political conditions; and other risks involved in the mineral exploration industry. The reader is urged to refer to the Company's Management's Discussion and Analysis, publicly available through the Canadian Securities Administrators' System for Electronic Document Analysis and Retrieval (SEDAR+) at www.sedarplus.ca for a more complete discussion of risk factors and their potential effects.

Forward-looking statements are based on a number of assumptions, including management's assumptions about the following: the availability of financing for the Company's exploration activities; operating and exploration costs; the Company's ability to attract and retain skilled staff; timing of the receipt of necessary regulatory and governmental approvals; market competition; and general business and economic conditions. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Neither TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES
OR DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/268285

FAQ

What is the size and terms of Chakana Copper's (CHKKF) latest financing?

Chakana completed a C$1.25 million private placement, issuing 17,857,156 units at C$0.07 per unit, with each unit including one share and one warrant exercisable at C$0.09 for three years.

How much did EMR Capital invest in Chakana Copper (CHKKF)?

EMR Capital invested C$346,356.33, acquiring 4,947,948 units, resulting in a 10.5% non-diluted equity stake in Chakana.

What rights does EMR Capital receive in Chakana Copper (CHKKF)?

EMR Capital receives anti-dilution rights, the right to nominate one director to the board, and the right to appoint a project advisor to support and oversee the company's mineral projects.

How will Chakana Copper (CHKKF) use the proceeds from the financing?

The proceeds will be used for evaluating new opportunities, exploration activities, and general working capital and administrative purposes.

When do the new securities from Chakana's private placement become freely tradeable?

The securities are subject to a four-month hold period expiring on January 27, 2026, in accordance with Canadian securities laws.
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