Mr. Vincent Metcalfe reports

PECOY COPPER ANNOUNCES UPGRADE TO OTCQX BEST MARKET

Pecoy Copper Corp.'s common shares have been approved for trading on the OTCQX Best Market, following an upgrade from the OTCQB Venture Market. The company's common shares commence trading on the OTCQX Market today under the existing symbol PCUUF.

"Trading on the OTCQX is an important step in building Pecoy Copper's presence in the U.S. capital markets," said Vincent Metcalfe, president and chief executive officer of Pecoy Copper. "This milestone is consistent with the company's strategy to broaden our shareholder base, improve accessibility for U.S. investors, and increase the company's visibility and liquidity as we advance the development of the Pecoy project in southern Peru."

The OTCQX Market is the highest market tier operated by OTC Markets Group. It is designed for established, investor-focused United States and international companies. To qualify for the OTCQX Market, companies must meet high financial reporting standards, follow best practices with respect to corporate governance and demonstrate compliance with applicable securities laws.

Pecoy Copper's common shares will continue to trade on the TSX Venture Exchange under the symbol PCU and on the Frankfurt Stock Exchange under the symbol D5E. The upgrade to OTCQX does not affect the company's listings on those exchanges, and no action is required from existing shareholders.

About Pecoy Copper Corp.

Pecoy Copper is advancing the Pecoy copper-gold-molybdenum-silver project and the Tororume project, which together cover approximately 19,800 hectares in southern Peru's Arequipa region. Pecoy is a large, undeveloped porphyry system located at approximately 1,650 metres above sea level, with access to established infrastructure, power, water and Pacific ports.

Prior to the company's current drill program, less than 49,000 metres of historical drilling had been completed at Pecoy, defining a broad mineralized system with potential for expansion along strike and at depth.

We seek Safe Harbor.