Kutcho Copper Announces Appointment of Board Member

Executive Summary

• Kutcho Copper Corp. has appointed Andrew Kaip to its Board of Directors.
• The Company has cancelled 1,900,000 stock options previously granted to past and current senior officers and directors.

Key Details

• New Director Appointment: Andrew Kaip joins the Board of Directors.
• Director Background: Mr. Kaip brings over 30 years of experience in the mining sector and capital markets, including roles as a mining analyst at BMO Capital Markets and Vice-President of Business Development for Hy-Tech Drilling Ltd. He currently provides technical due diligence to the Konwave AG Group of Funds.
• Stock Option Cancellation: 1,900,000 stock options have been cancelled.
• Option Terms: The cancelled options were exercisable at a price of $0.90 and had an expiration date of January 20, 2027.

Notable Quotes

• Vince Sorace, President & CEO: "We welcome the addition of Mr. Kaip to the team at Kutcho Copper. His 30 years of expertise and experience in the mining sector and capital markets adds significant value and depth to the Company."
• Andrew Kaip, Director: "I am delighted to join the Board of Kutcho Copper at an exciting stage in the Company's development. Kutcho Copper has advanced it's the high-grade copper-zinc project to the feasibility-stage."