VANCOUVER, BC, October 28, 2022 /CNW/ – Zacapa Resources Ltd. ZAKA, ZACAF, bra (“Zacapa“) has been requested by the TSX Venture Exchange to issue clarification on previously conducted investor relations and marketing activities.
Zacapa has entered into a Market Awareness Agreement with Native Ads, Inc. (“Native Ads“) on July 1, 2021where fees from $250,000 were paid in two equal installments in July and October 2021. The services were supposed to be provided at the time the deal was signed, but have been put on hold until 2022 due to the delay in Zacapa’s IPO January 26, 2022. Zacapa announced the agreement with Native Ads in a dated press release January 26, 2022.
The Services were provided between Zacapa by Native Ads January 26, 2022 and February 28, 2022. Zacapa confirms that the agreement with Native Ads is no longer in force. Native Ads was not involved in Zacapa’s IPO and is keeping a distance from Zacapa.
About Zacapa Resources
Zacapa is a mineral exploration company engaged in responsible exploration for the new energy economy. Its projects are focused on world-class jurisdictions in the US Southwest, including Arizona, Nevadaand Idaho. The portfolio includes porphyry copper projects at Red Top and Pearl and epithermal gold projects at South Bullfrog and Mueller Berg. These assets are being advanced by a highly disciplined and experienced professional team with a successful track record of discovery, resource development and mine permitting.
On behalf of the Board of Directors,
“Adam Melnik“
Neither the 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 release. Certain information in this press release may contain forward-looking statements that involve significant known and unknown risks and uncertainties. All statements contained therein, except statements by…
