in

ZACAPA APPOINTS SUNIL SHARMA CFO

Zacapa Resources Ltd. (TSXV: ZACA) (OTCQB: ZACAF) (DE: BH0) is pleased to announce the appointment of Sunil Sharma as Chief Financial Officer, effective November 4, 2022, replacing Paul Taggar. Mr. Sharma is based in Vancouver and will oversee all accounting and finance operations, while driving sustainable performance that supports Zacapa’s growth.

Mr. Sharma has over 20 years of experience in finance and accounting with public and private companies, having started his career in public practice. He has extensive experience in producing mines and mineral exploration companies. He has held progressively senior accounting positions at copper producers Huckleberry Mines and Taseko Mines Limited. Most recently, he held the position of Controller at Trilogy Metals Inc., a NYSE-American listed mineral exploration company, where he was responsible for all aspects of financial reporting and compliance. Mr. Sharma holds a Master of Business Administration degree from Simon Fraser University and is a Chartered Professional Accountant.

Zacapa thanks Mr. Taggar for his contributions and wishes him well in his future endeavors.

Zacapa has granted 250,000 stock options to Mr. Sharma at a price of $0.15, expiring on January 26, 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.

On behalf of the Board of Directors,

Adam Melnik

Written by Nizel Pradhan

Alert Tech SMT Names Electronics Manufacturing Veteran as New CFO

SharkNinja Appoints Paul Carbone as Chief Financial Officer