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PERU.V ·

Chakana Engages European Corporate Communications Consultant

Marketing Announcement

NEWS RELEASE

CHAKANA ENGAGES EUROPEAN CORPORATE COMMUNICATIONS

CONSULTANT

Vancouver, B.C., October 8, 2019 – Chakana Copper C orp. (TSX-V: PERU; OTCQB:

CHKKF; FWB: 1ZX) (the “ Company ” or “ Chakana ” ) is pleased to announce that it has

entered into a corporate communications agreement ( the "Agreement") with Soar Financial

Partners ("Soar Financial").

Soar Financial will assist Chakana Copper in workin g and communicating efficiently with

members of the European financial community, includ ing potential investors, journalists and

newsletter writers as well as current shareholders to keep them informed and up-to-date on

Chakana’s activities.

The Agreement is for a term of six months, which may be earlier terminated at any time upon 30

days' written notice by either party. In consideration for the services of Soar Financial, Chakana

has agreed to pay a fee of 4,000 Euros per month. The investor relations consulting agreement is

subject to the approval of the TSX Venture Exchange.

Chakana is well financed and in a position to advan ce its project, generate continuous news flow,

and expand its investor base with the assistance of Soar Financial.

CEO and President, Mr. David Kelley comments: "Soar Financial will be assisting Chakana in

planning and executing European roadshows and prese nting Chakana not only to important

European investors but also to leading and opinion forming financial media outlets. We look

forward to expanding the awareness of Chakana in th e European capital markets and supporting

and broadening the international shareholder base."

About Chakana Copper Corp

Chakana Copper Corp is a Canadian based minerals exploration company and through its wholly

owned Peruvian subsidiary, Chakana Resources S.A.C., is currently advancing the Soledad

project near Aija, in the Ancash region of the highly prolific Miocene mineral belt of Peru.

About Soar Financial Partners

Soar Financial Partners (“Soar”), led by Mr. Kai Ho ffmann, supports its clients primarily in the

German speaking areas of Europe and North America w ith comprehensive public relations and

investor relations services, both on-and-offline. S oar maintains its offices in Frankfurt, Germany

and works closely with financial analysts, advisors, investors and the financial media.

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ON BEHALF OF THE BOARD

(signed) “ David Kelley ”

David Kelley

President and CEO

For further information contact:

Michelle Borromeo, Manager – Corporate Communicatio ns

Phone: 604-715-6845

Email: [email protected]

Neither TSX Venture Exchange nor its Regulation Ser vices Provider (as that term is defined in the policies of the

Exchange) accepts responsibility for the adequacy o r accuracy of this release.

Forward-looking Statement Advisory: This release ma y contain forward-looking statements. Forward-looki ng

statements involve known and unknown risks, uncerta inties, and other factors which may cause the actua l results,

performance, or achievements of Chakana to be mater ially different from any future results, performanc e, or

achievements expressed or implied by the forward-lo oking statements. Forward looking statements or inf ormation

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 th e mineralization, and to develop and grow a resourc e

within the Project, the planning for further explor ation work, the ability to de-risk the potential ex ploration targets,

and our belief in the potential for mineralization within unexplored parts of the Project. These forwa rd-looking

statements are based on management’s current expect ations and beliefs but given the uncertainties, ass umptions and

risks, readers are cautioned not to place undue rel iance on such forward- looking statements or inform ation. The

Company disclaims any obligation to update, or to p ublicly announce, any such statements, events or de velopments

except as required by law.