Atacama Copper Exploration Limited agreed the terms to acquire San Valentino, T4 and Las Animas Copper projects in Chile from Revelo Resources Corp. (TSXV:RVL) on November 20, 2018. Pursuant to the terms of the acquisition, Atacama Copper Exploration Ltd., would issue 2 million shares, representing 15% of its outstanding shares. Revolo will retain a 15% interest in Atacama for 24 months from the signing definitive documentation, regardless of any further issuances of shares by Atacama in order to raise finance. In addition, Revolo will retain a 1.5% net smelter royalty interest on precious metals and base metals at T4 and Las Animas and a 1% net smelter royalty interest on precious metals at San Valentino. Atacama will assume responsibility for an underlying, 3rd party royalty interest at San Valentino. Atacama will make a cash payment equivalent to the 2018 property taxes paid on the Properties to date, totaling approximately $0.04 million, to Revelo, on signing of definitive documentation. Atacama has agreed to spend a minimum of $0.25 million in exploration activities on each property and to drill test any two out of the three properties within 24 months and to drill test the third property within 36 months, of signing definitive documentation. The deal is subject to possible regulatory approvals from the TSX and the signing of definitive documentation which Revelo and Atacama hope to complete by year end. Atacama Copper Exploration Limited completed the acquisition of San Valentino, T4 and Las Animas Copper projects in Chile from Revelo Resources Corp. (TSXV:RVL) on July 23, 2019. Atacama Copper Exploration Ltd., issued 2.7 million shares, made a cash payment of $0.29 million and a further cash payment of $0.014 million on completion of registry of the property in the name of Atacama.