VANCOUVER, BC, Dec. 8, 2022
/CNW/ - Zacapa Resources Ltd. (TSXV: ZACA) (OTCQB: ZACAF)
(DE: BH0) ("Zacapa") is pleased to announce it has acquired
the Sober Up claim adjacent to its South Bullfrog project, in
exchange for 184,318 common shares of Zacapa effective December 1, 2022.
Zacapa has also granted 300,000 DSUs to independent directors
and 1,775,000 stock options to employees at a price of $0.11, expiring on December 8, 2027.
About Zacapa
Resources
Zacapa is a mineral exploration company engaged in responsible
exploration for the new energy economy. Its projects are
concentrated in world class jurisdictions in the southwest U.S.,
including Arizona, Nevada, and Idaho. The portfolio includes porphyry copper
projects at Red Top and Pearl and epithermal gold projects at South
Bullfrog and Miller Mountain. These
assets are being advanced by a highly disciplined and seasoned
professional team with successful track records of discovery,
resource development and mine permitting.
For more information, please visit www.zacaparesources.com. All
documents are available on Zacapa's profile page on SEDAR at
www.sedar.com.
On behalf of the Board of Directors,
"Adam Melnik"
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release. Certain information set forth in this
news release may contain forward-looking statements that involve
substantial known and unknown risks and uncertainties. All
statements within, other than statements of historical fact, are to
be considered forward looking. Although Zacapa believes the
expectations expressed in such forward-looking statements are based
on reasonable assumptions, such statements are not guarantees of
future performance and actual results or developments may differ
materially from those in forward-looking statements. Zacapa
cautions that all forward-looking statements are inherently
uncertain, and that actual performance may be affected by a number
of factors, many of which are beyond Zacapa's control. Accordingly,
actual and future events, conditions and results may differ
materially from the estimates, beliefs, intentions and expectations
expressed or implied in the forward-looking information. Readers
are advised to rely on their own evaluation of such uncertainties.
Except as required under applicable securities legislation, Zacapa
undertakes no obligation to publicly update or revise
forward-looking information.
SOURCE Zacapa Resources
