Bocana Resources Corp. – Provides an Update on the Proposed Bolivian Acquisition

CALGARY, Alberta, July 24, 2024 (GLOBE NEWSWIRE) -- Bocana Resources Corp. (TSXV: BOCA) (Frankfurt: VC1) ("Bocana" or the "Company") announces it terminated the non-binding letter of intent dated March 25, 2024 (the "LOI") and accordingly has declined to proceed with the proposed purchase offer for the acquisition (the "Transaction") of all of the outstanding shares of Empresa Minera Inti Raymi S.A. ("INTI RAYMI") in Bolivia.

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