TORONTO, ONTARIO -- (Marketwired) -- 03/27/15

Amana Copper Ltd. ("Amana" or the "Company") (CSE:AMA) announces that it has terminated the letter agreement entered into during December 2014 with a company operating in Canada's MMPR sector. Amana further announces that it has received and closed a total of $99,000 in subscription proceeds from its private placement and has cancelled the remaining portion of the placement.

The Company also advises that its registered address has changed to: 130-720 King Street West, Toronto, ON M5V 3S5.

Amana continues to review various investment opportunities in pursuit of a value creating transaction to the benefit of all shareholders.

ON BEHALF OF THE BOARD

Yaron Conforti, Chief Executive Officer

The CSE does not accept responsibility for the adequacy or accuracy of this release.

Contacts:
Amana Copper Ltd.
Yaron Conforti
CEO, CFO, Director
416.716.8181