Marimaca Copper Corp. announced appointment of José Antonio Merino as Managing Director, Chile. Ms. Decher has served as CFO since April 26, 2021, and prior to that as a member of the Board of Directors of Marimaca.

Ms. Decher has provided integral leadership during the Company's progress toward the development of the Marimaca Copper Project and the Company would like to thank her for her contributions. Mr. Merino, who will be based in Chile, brings over 15 years of international and in-country experience to the Marimaca team. Prior to joining Marimaca, Mr. Merino served as General Manager of Business Development and M&A at SQM, the Chilean-based major mining and chemicals company and one of the world's largest Lithium producers.

As Managing Director, Chile, Mr. Merino will oversee all in-country commercial, finance, administrative and site-based workstreams during the Company's path to development of the Marimaca Project. Mr. Merino will serve as Interim CFO during the Company's search for a full-time appointee. Mr. Merino is a Civil Engineer by training and has served in various senior roles in the natural resource industry across Project Development, M&A, Corporate Finance and Advisory.