Mr. Matthew Badiali reports

QUETZAL COPPER ANNOUNCES RESUMPTION OF TRADING ON TSX VENTURE EXCHANGE

Further to Quetzal Copper Corp.'s news release dated March 12, 2024, the TSX Venture Exchange has granted final approval for the company's previously disclosed qualifying transaction. The common shares of the company will resume trading on the TSX-V as a Tier 2 mining issuer under the ticker symbol "Q" when markets open on March 18, 2024.

Chief executive officer Matt Badiali said: "Quetzal Copper is excited to begin trading and commence exploration on a portfolio of high-grade copper projects. As a private company we assembled some of the highest discovery potential ground in the industry and have progressed to publicly trading with what the company believes is a very competitive valuation. Quetzal looks forward to drilling at our flagship Princeton copper project, immediately north of Hudbay Minerals Copper Mountain mine in Southern British Columbia and continue to advance the Big Kidd and DOT copper projects."

Next steps

The company plans to immediately begin work at its Princeton copper and Big Kidd projects in Southern British Columbia. The company plans to be drilling at Princeton copper in the second quarter of 2024.

The company plans to begin work at its Princeton and Big Kidd projects in the second quarter of 2024. Princeton is an 11,500-hectare land package adjacent to and north of Hudbay's Copper Mountain mine. Big Kidd is a 4,055-hectare property in the Nicola volcanic belt, located halfway between the Highland Valley mine and the Copper Mountain mine.

Additional information

Additional details regarding the transaction are set out in its filing statement dated Feb. 28, 2024, which is available under the company's SEDAR+ profile, as well as in the company's news release dated March 12, 2024.

About Quetzal Copper Corp.

Quetzal is engaged in the acquisition, exploration and development of mineral properties in British Columbia. Quetzal currently has a portfolio of one material property, the Princeton copper property, located in British Columbia, Canada. Its current focus is to conduct the proposed exploration program on the Princeton property.

In addition, Quetzal continues to identify and potentially acquire additional property interests and conduct exploration and evaluation to assess their potential. In this regard, Quetzal has entered into option agreements with respect to the Big Kidd property, located in British Columbia, Canada, and the DOT Matrix property, located in British Columbia, Canada.

We seek Safe Harbor.