Announces TSXV Conditional Acceptance and Filing of Filing Statement FOR Its Qualifying Transaction

CHAINODE OPPORTUNITIES CORP.

ANNOUNCES TSXV CONDITIONAL ACCEPTANCE AND FILING OF FILING

STATEMENT FOR ITS QUALIFYING TRANSACTION

Not for distribution to United States news wire services or for dissemination in the United States.

Calgary, Alberta – December 2, 2019 – ChaiNode Opportunities Corp. ("ChaiNode") (TSXV:

CXD.P) is pleased to announce that it has received conditional acceptance from the TSX Venture

Exchange (" TSXV") for the closing of its proposed qualifying transaction ( the " Qualifying

Transaction") with AmAuCu Mining Corporation ("AmAuCu") and has filed its filing statement

in connection with the Qualifying Transaction (the "Filing Statement").

Further to its comprehensive news release dated August 16, 2019, ChaiNode will acquire all of the

issued and outstanding securities of AmAuCu by way of a three-cornered amalgamation whereby

AmAuCu will amalgamate with a wholly-owned subsidiary of ChaiNode. In connection with the

Qualifying Transaction, ChaiNode will change its name to Doré Copper Mining Corp (" Doré

Copper"). It is anticipated that the common shares of Doré Copper will trade under the ticker

"DCMC".

The completion of the Qualifying Transaction is s ubject to a number of conditions including, but

not limited to, receipt of all required regulatory approvals, including final TSXV acceptance, and

satisfaction of other customary closing conditions. Assuming all conditions for closing are

satisfied, closing of the Qualifying Transaction is expected to occur on or about December 12,

2019, or such other date as ChaiNode and AmAuCu may determine.

In connection with the Qualifying Transaction, on November 4, 2019, AmAuCu c ompleted its

previously announced private placement of 3,861,983 subscription rec eipts (" Subscription

Receipts") at a price of C$1.30 per Subscription Receipt for aggregate gross proceeds of

C$5,020,578 (the "AmAuCu Private Placement "). Each Subscription Receipt issued under the

AmAuCu Private Placement will be automatically converted , without payment of additional

consideration or any further action by the holder thereof , into one unit of AmAuCu (a " Unit"),

with each Unit comprised of one common share of AmAuCu (a "Common Share") and one half

of one common share purchase warrant of AmAuCu (each whole common share purchase warrant,

a " Warrant"), immediately before the completion of the Qualifying Transaction upon the

satisfaction or waiver of certain escrow release conditions at or before 5:00 p.m. (Vancouver time)

on December 20, 2019. Each Warrant will entitle the holder thereof to acquire one Common Share

at a price of C$1.95 per Common Share at any time on or before November 4, 2021, subject to

adjustment in certain events.

The AmAuCu Private Placement was carried out pursuant to the terms of an agency agreement

dated November 4, 2019 among AmAuCu, ChaiNode, Canaccord Genuity Corp. and BMO Nesbitt

Burns Inc. (the "Agents").

In consideration for their services in connection with the AmAuCu Private Placement, AmAuCu

is required to pay the Agents a cash commission equal to 7% of the aggregate gross proceeds from

the sale of the Subscription Receipts, 50% of which commission was paid on the closing date of

the AmAuCu Private Placement and the remaining 50% of which commission was deposite d in

escrow. As additional consideration for the services of the Agents, the Agents will be granted non-

transferable broker warrants of AmAuCu (the "Broker Warrants") equal to 7% of the aggregate

number of Subscription Receipts issued. Each Broker Warrant will be exercisable to acquire one

Common Share at a price of C$1.30 per Common Share at any time on or before the date which is

24 months after the date of closing of the Qualifying Transaction. A reduced cash commission is

payable and a reduced number of Broker Warrants are issuable in respect of the sale of AmAuCu

Subscription Receipts to purchasers identified by AmAuCu to the Agents.

It is anticipated that the net proceeds from the AmAuCu Private Placement will be used for the

exploration and development of AmAuCu's Corner Bay Project and Cedar Bay Project and general

working capital following completion of the Qualifying Transaction.

The securities offered have not been registered under the United States Securities Act of 1933, as

amended, or any state securities law, and may not be offered or sold in the United States absent

registration or an exemption from such registration requirements. This news release shall not

constitute an offer to sell or the solicitation of an offer to buy in the Unite d States nor shall there

be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.

For further information regarding the Qualifying Transaction and the AmAuCu Private Placement,

please see the Filing Statement , which is available under ChaiNode's profile on SEDAR at

www.sedar.com.

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain "forward -looking statements" under applicable Canadian

securities legislation. Forward-looking statements include, but are not limited to, statements with

respect to the terms, conditions and timing of the proposed Qualifying Transaction, the parties’

ability to satisfy closing conditions and receive necessary ap provals, including final TSXV

acceptance, and the use of the net proceeds from the AmAuCu Private Placement. Forward-

looking statements are necessarily based upon a number of estimates and assumptions that, while

considered reasonable, are subject to known and unknown risks, uncertainties and other factors

which may cause the actual results and future events to differ materially from those expressed or

implied by such forward-looking statements. Such factors include, but are not limited to: general

business, economic, competitive, political and social uncertainties; delay or failure to receive

regulatory approvals; the price of gold and copper; and the results of current exploration. There

can be no assurance that such statements will prove to be accurate, a s 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. ChaiNode and AmAuCu disclaim

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.

For further information, please contact:

ChaiNode Opportunities Corp.

Kenneth DeWyn

President, Chief Executive Officer and Chief Financial Officer

Phone: (403) 690-5387

Email: [email protected]

AmAuCu Mining Corporation

Ernest Mast

President

Phone: (647) 921-0501

Email: [email protected]

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in

the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy

of this news release.