EXECUTIVE CHAIRMAN INCREASES STAKE TO MORE THAN 10% OF ZACAPA RESOURCES – QNT Press Release


VANCOUVER, BC, Nov. 25, 2022 /CNW/ – Zacapa Resources Ltd. (TSXV:ZACA) (OTCQB:ZACAF) (DE: BH0) (“Zacapa”) is pleased to announce that Ian SlaterExecutive Chairman, has beneficial ownership of, and control and discretion over, directly or indirectly through Slater Capital Corporation, 9,200,000 common shares of Zacapa (“Zacapa Shares”), or approximately 14.6% of the issued and outstanding Zacapa Shares. If Mr. Slater exercises all of the 1,511,110 warrants of Zacapa and the 500,000 options of Zacapa owned by him, he will have beneficial ownership of, and rationly control and discretion or indirectly, 11,211,110 Zacapa Shares, or 17.4% of the then issued and outstanding Zacapa Shares, assuming no other convertible securities of Zacapa are exercised and no other Zacapa Shares are issued.

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