Chakana Announces Initiation of Coverage by Noble Capital Markets
Chakana Announces Initiation of Coverage by
Noble Capital Markets
Vancouver, British Columbia--(Newsfile Corp. - November 25, 2020) -
Chakana Copper Corp. (TSXV:
PERU) (OTCQB: CHKKF) (FSE: 1ZX)
(the
"
Company
"
or
"
Chakana
"), is pleased to announce that it
has entered into an equity research agreement (the "Agreement") with Noble Capital Markets ("Noble"),
a Florida corporation. Noble is a FINRA and SEC registered broker dealer.
Noble's research department has been following the Company, gaining extensive knowledge about the
Company's business and assets. Noble has the capacity, knowledge and experience to assist Chakana
Copper Corp. by building greater awareness in the investment community through continued monitoring,
and through the publication of research reports on the Company's business, securities, and financial
position.
Noble will also comment on the economic and geopolitical events affecting the Company's
business which it believes will be relevant to the investment community's perception and assessment of
the Company. The Company expects that Noble's services will be supportive of its future capital markets
transactions, capital markets structuring, long-range planning, and growth.
Under the terms of the Agreement, Noble will produce at least four equity research reports on the
Company and its securities during an initial one-year term of the Agreement. Noble will distribute these
reports to the investment community through proprietary contacts, research aggregators and on an
investment portal.
In consideration for the services provided by Noble, the Company has agreed to pay a quarterly cash fee
of US$11,250 for one-year.
Chakana Copper Corp. and Noble are not related, and Noble does not have any direct or indirect
interest in the Company or its securities or any right or intent to acquire Company securities. The
Agreement, and the performance of Noble's services under the Agreement, are subject to TSX Venture
Exchange acceptance and compliance with all applicable regulatory requirements.
About Noble Capital Markets and its Subsidiaries:
In 2018, Noble Financial Group, Inc. launched Channelchek - a new investment community dedicated
exclusively to small and micro-cap companies and their industries. Channelchek is tailored to meet the
needs of self-directed investors and financial professionals. As the first service to offer institutional-
quality research to the public, for FREE at every level without a subscription, Channelchek lists more than
6,000 emerging growth companies alongside growing content, including webcasts, podcasts, and
balanced news. For more information, visit
https://www.channelchek.com
.
About Chakana Copper
Chakana Copper Corp is a Canadian-based minerals exploration company that is currently advancing
the high-grade gold-copper-silver Soledad Project located in the Ancash region of Peru, a highly
favorable mining jurisdiction with supportive communities. The Soledad Project consists of high-grade
gold-copper-silver mineralization hosted in tourmaline breccia pipes. A total of 32,660 metres of drilling
has been completed to-date, testing nine (9) of twenty-three (23) confirmed breccia pipes with more than
92 total targets.
Chakana's investors are uniquely positioned as the Soledad Project provides exposure
to several metals including copper, gold, and silver. 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:
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.
Forward-looking Statement Advisory:
This release may contain forward-looking statements.
Forward-looking statements involve known and unknown risks, uncertainties, and other factors which
may cause the actual results, performance, or achievements of Chakana to be materially different
from any future results, performance, or achievements expressed or implied by the forward-looking
statements. Forward looking statements or information relates to, among other things, the
interpretation of the nature of the mineralization at the
Soledad copper-gold-silver
project (the
"Project"), the potential to expand the mineralization, and to develop and grow a resource within the
Project, the planning for further exploration work, the ability to de-risk the potential exploration targets,
and our belief in the potential for mineralization within unexplored parts of the Project. These forward-
looking statements are based on management's current expectations and beliefs but given the
uncertainties, assumptions and risks, readers are cautioned not to place undue reliance on such
forward- looking statements or information. The Company disclaims any obligation to update, or to
publicly announce, any such statements, events or developments except as required by law.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/68914