|January 27, 2016|
|Marek Jozef Kreczmer, of West Vancouver, BC ("Kreczmer") was issued through M.K. Consulting Limited ("MK") by way of a shares for services transaction (the "Transaction") 200,000 common shares of Handa Copper Corporation (the "Company"). These common shares represent 10.84% of the issued and outstanding shares of the Company.|
Immediately following the Transaction detailed above, Kreczmer held 2,091,341 common shares in the capital of the Company and 1,570,786 warrants at a price of $0.12 exercisable until March 18, 2018. Kreczmer, directly and indirectly through MK, has ownership and control over an aggregate of 2,091,341 common shares and 1,570,786 warrants. Assuming exercise of the warrants, Kreczmer would hold 17.56% of the then issued and outstanding common shares of Company.
The transaction did not occur through a Market as the securities were issued pursuant to a shares for services transaction. The 200,000 common shares were issued by way of a shares for services transaction to settle consulting fees of $10,000 at a deemed price of $0.05 per share issued. Kreczmer acquired the securities for investment purposes and may acquire further securities of the Company in the future.
A copy of the report filed in accordance with applicable securities legislation may be obtained by contacting the Company at 604 601 6926.
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