Sociedad Punta del Cobre S.A. (SNSE:PUCOBRE) agreed to acquire Pacífico V Región S.A., on July 25, 2018. Sociedad Punta del Cobre S.A., will issue 104.9 million shares, destined to be exchanged for those that currently Pacífico shareholders hold, at a rate of 0.7237 shares of Sociedad Punta del Cobre S.A., for each sgare held in Pacífico V Región S.A. By virtue of the merger, Pucobre will acquire all of the assets, liabilities and equity of Pacífico, which will be dissolved by law and without liquidation. The transaction was approved by the shareholders of Pacífico V Región S.A., on the Extraordinary General Meeting, held on July 26, 2018. The merger is subject to the registration of 104 million shares of Pucobre in the Securities Registry of the Commission for the Financial Market. The transaction is subject to customary closing conditions. Cristián Barros, Javier Díaz, Francisco Vial and Luz María Guridi of Barros & Errázuriz Abogados acted as legal advisors to Pacífico V Región S.A., whereas Jorge Granic, Arturo Bulnes and Juan de Dios Ferrada of Larrain Y Associates acted as legal advisors to Sociedad Punta del Cobre S.A. Sociedad Punta del Cobre S.A. (SNSE:PUCOBRE) completed the acquisition of Pacífico V Región S.A., on July 25, 2018.