ZACAPA RESOURCES APPOINTS MICHELLE BORROMEO AS VICE PRESIDENT OF INVESTOR RELATIONS

VANCOUVER, BC, April 11, 2022 /CNW/ – Zacapa Resources Ltd. (TSXV: ZACA) (OTCQB: ZACAF) (DE: BH0) is pleased to announce that it has appointed Michelle Borromee as Vice President of Investor Relations. Ms. Borromeo has over 15 years of experience in investor relations, corporate development and strategic communications in the natural resources and renewable energy sectors. She joins Zacapa from MARS Investor Relations, where she served as Vice President of Corporate Development. Her previous experience in the resource sector includes roles such as Vice President of Investor Relations for Miller Energy Resources, Director of Corporate Communications for Chakana Copper and Head of Investor Relations for Fission Energy. Ms. Borromeo holds a Bachelor of Science degree from Simon Fraser University.

Logo Zacapa Resources Ltd. (CNW Group/Zacapa Resources)

Michelle BorromeeZacapa’s Vice President of Investor Relations said, “Zacapa has received positive market reception since listing on the TSX Venture Exchange in January 2022. I am delighted to be part of this exceptional group of professionals and am committed to ensuring that shareholders are well informed about the value creation by the exploration team – I look forward to leading this effort. »

Adam MelnikCEO and Director of Zacapa said, “Zacapa is privileged to have Ms. Borromeo on its team. She is an accomplished professional, well-connected within the metals and mining industry, and attentive to the needs of the global investment community. We look forward to his leadership in strengthening existing relationships and building new ones as we strive to position Zacapa as a preferred partner and premier investment vehicle for copper and mineral exploration. gold in the southwest United States.”

Zacapa granted 525,000 incentive stock options to new employees. Stock options are exercisable at a price of $0.70 and will expire on January 26, 2027. The incentive stock options were granted pursuant to Zacapa’s stock option plan approved by shareholders and are subject to the policies of the TSX Venture Exchange and any applicable regulatory hold periods.

About Zacapa resources

Zacapa is a mining exploration company focused on copper and gold committed to responsible exploration for the new energy economy. Its projects are focused in world-class jurisdictions in the Southwestern United States, including Arizona, Nevadaand Idaho. The portfolio includes porphyry copper projects at Red Top, Pearl and Dewdrop Moon, and epithermal gold projects at South Bullfrog and Mount Miller. These assets are developed by a highly disciplined and experienced professional team with a proven track record in discovery, resource development and mining 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.

Forward-Looking Statements – Certain information in this press release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements contained herein, other than statements of historical fact, should be considered forward-looking. Although Zacapa believes that the expectations expressed in these forward-looking statements are based on reasonable assumptions, these statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Zacapa cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of important 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 by the forward-looking information. Readers are encouraged to rely on their own assessment of these uncertainties. Except as required by applicable securities laws, Zacapa undertakes no obligation to publicly update or revise any forward-looking information.

SOURCE Zacapa Resources

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