Mr. Roger Milad reports

ANKH CAPITAL RECEIVES CONDITIONAL APPROVAL FOR QUALIFYING TRANSACTION WITH QUETZAL COPPER

Ankh Capital Inc. has received conditional acceptance from the TSX Venture Exchange for its proposed qualifying transaction with Quetzal Copper Ltd. Pursuant to the transaction, Ankh will acquire all of the issued and outstanding shares of Quetzal pursuant to a three-cornered amalgamation. Pursuant to the terms of the transaction, Quetzal and 1415994 B.C. Ltd., a wholly owned subsidiary of Ankh, will amalgamate and securityholders of Quetzal will receive securities of the company. The transaction will constitute the company's qualifying transaction (as such term is defined in TSX-V Policy 2.4 -- Capital Pool Companies).

Completion of the transaction is subject to a number of conditions, including, but not limited to, receipt of final TSX-V acceptance and satisfaction of other customary closing conditions. Assuming all conditions are satisfied, closing of the transaction is expected to occur on or around March 12, 2024. Upon completion of the transaction, the company is expected to meet all of the minimum listing requirements of the TSX-V for a Tier 2 mining issuer.

In connection with the transaction, the company will change its name to Quetzal Copper Corp., The trading symbol of the company postclosing of the transaction will be "Q." Sponsorship of the transaction has been waived by the TSX-V. A filing statement dated Feb. 28, 2024, in respect of the transaction has been prepared in accordance with the requirements of the TSX-V and has been filed under Ankh's issuer profile on SEDAR+.

Trading of the common shares of Ankh will remain halted until completion of the transaction. Further details regarding the transaction are set out in the company's news releases dated March 1, 2023, May 16, 2023, and Nov. 15, 2023.

We seek Safe Harbor.