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TALA.V ·

Atacama Copper Announces the Sudden Passing of CFO Eddy Yu

Management Changes

Atacama Copper Announces the Sudden

Passing of CFO Eddy Yu

Vancouver, British Columbia--(Newsfile Corp. - July 14, 2023) -

Atacama Copper Corporation (TSXV:

ACOP) ("

Atacama Copper

" or the "

Company

")

is saddened to report the sudden and unexpected

passing of our CFO, Eduardo 'Eddy' Yu. Eddy was a key member of the small management team at the

Company and will be greatly missed by all his colleagues.

Tim Warman, CEO said, "On behalf of everyone at Atacama Copper I want to extend our deepest

condolences to the Yu family. Eddy was a talented individual who everyone on our team enjoyed working

with, and we will miss his insight and guidance."

The Company has commenced a search for a new CFO.

About Atacama Copper Corporation

Atacama Copper Corporation is a resource company focusing on acquiring, exploring, and developing

copper properties in Chile and elsewhere in the Americas. It is committed to advancing the exploration

and development of the Placeton and El Cofre projects while looking to increase its asset portfolio

through the acquisition and development of other high-value copper exploration, development, and

production opportunities. Atacama Copper's Placeton project is a large porphyry copper target located

between the Relincho and El Morro Copper-gold deposits of the Nueva Union joint venture between

Teck and Newmont Mining.

Additional Information - Please Contact

For more information, please contact:

Tim Warman

Chief Executive Officer and Director

Atacama Copper Corporation

Email:

[email protected]

Cautionary Statements

This news release contains "forward-looking information" and "forward-looking statements"

(collectively, "forward-looking statements") within the meaning of the applicable Canadian securities

legislation. All statements, other than statements of historical fact, are forward-looking statements and

are based on expectations, estimates and projections as at the date of this news release. Any

statement that involves discussions with respect to predictions, expectations, beliefs, plans,

projections, objectives, assumptions, future events or performance (often but not always using

phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate",

"plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such

words and phrases or stating that certain actions, events or results "may" or "could", "would", "might"

or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-

looking statements.

In this news release, forward-looking statements relate to, among other things, the anticipated use of

proceeds from the Offering and receipt of final approval from the TSX Venture Exchange. Various

assumptions or factors are typically applied in drawing conclusions or making the forecasts or

projections set out in forward-looking information. Those assumptions and factors are based on

information currently available to the Company. The material facts and assumptions include the

intended use of proceeds remaining in the best interests of the Company. The Company cautions the

reader that the above list of risk factors is not exhaustive. The forward-looking information contained in

this release is made as of the date hereof and the Company is not obligated to update or revise any

forward-looking information, whether as a result of new information, future events or otherwise, except

as required by applicable securities laws. Due to the risks, uncertainties and assumptions contained

herein, investors should not place undue reliance on forward- looking information. The foregoing

statements expressly qualify any forward-looking information contained herein.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/173561