|January 28, 2016|
|Anton Esterhuizen, of Hout Bay, Cape Town, South Africa ("AE") was issued by way of a shares for services transaction (the "Transaction") 60,000 common shares of Handa Copper Corporation (the "Company"). These common shares represent 0.31% of the issued and outstanding shares of the Company.|
Immediately following the Transaction detailed above, AE held 1,327,653 common shares in the capital of the Company (6.89%) and 1,166,653 warrants at a price of $0.12 exercisable until March 18, 2018. AK has ownership and control over an aggregate of 1,327,653 common shares and 1,166,653 warrants. Assuming exercise of the warrants, AE would hold 12.91% 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 60,000 common shares were issued by way of a shares for services transaction to settle consulting fees of $3,000 at a deemed price of $0.05 per share issued. AE 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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