Mr. Tim Warman reports

ATACAMA COPPER CORPORATION ANNOUNCES TSX-V CONDITIONAL APPROVAL OF BUSINESS COMBINATION AND FILING OF FILING STATEMENT

Atacama Copper Corp. has received conditional approval from the TSX Venture Exchange in respect of its previously announced business combination with TCP1 Corp. In connection with the transaction and pursuant to TSX-V requirements, the company has filed on SEDAR+ a filing statement dated Feb. 7, 2024, which provides further information concerning Atacama Copper, TCP1 and the transaction.

Completion of the transaction is subject to a number of conditions, including, but not limited to, completion of the consolidation (as defined in the filing statement), closing conditions customary to transactions of the nature of the transaction and final acceptance from the TSX-V of the transaction. Subject to certain conditions, as more particularly described in the filing statement, completion of the transaction is anticipated to occur on or about Feb. 9, 2024.

About Atacama Copper Corp.

Atacama Copper is a resource company focusing on acquiring, exploring and developing base metal and precious metal properties in the Americas. It is committed to advancing the exploration and development of its Placeton/Caballo Muerto copper project in Chile while looking to increase its asset portfolio through the acquisition and development of other high-value exploration, development and production opportunities. Atacama's Placeton/Caballo Muerto project hosts several porphyry copper targets situated between the giant Relincho and El Morro/La Fortuna copper-gold deposits of the Nueva Union joint venture between Teck and Newmont Mining.

We seek Safe Harbor.