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PERU.V ·

Chakana Announces Retirement of Director

Management Changes

NEWS RELEASE

For Immediate Release TSX-V: PERU

#04 - 2025 OTCQB: CHKKF

FSE: 1ZX0

CHAKANA ANNOUNCES RETIREMENT OF DIRECTOR

Vancouver, B.C., September 4, 2025 – Chakana Copper Corp. (TSX -V: PERU; OTCQB: CHKKF;

FSE: 1ZX0) (the “Company” or “Chakana”), announces the retirement of Thomas (Tom) Wharton Jr.

from the Board of Directors effective immediately. Tom is a Founder of the Company and served as a

Director for the last eight years.

Chakana President and CEO David Kelley comments, “Tom was instrumental in the formation of Chakana

Copper at the end of 2016 and has been an active and engaged Director since 2018. The Company is grateful

for his service and wishes him the best in retirement.”

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.

ON BEHALF OF THE BOARD

(signed) “David Kelley”

David Kelley

President and CEO

For further information contact:

Investor Relations: Info

Email: [email protected]

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.. 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

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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 Analys is 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.