Europacific’s CEO Issues Corporate Update Letter To Shareholders

VANCOUVER, BC / ACCESSWIRE / March 22, 2024 / Europacific Metals Inc. (TSXV:EUP)(OTCQB:AUCCF U.S.) (the "Company" or "Europacific") is pleased to announce a corporate update letter to shareholders in address from the Company's Chief Executive Officer, Karim Rayani.

Dear Shareholders,

As we embark on the ensuing year ahead, I'm pleased to share with you a corporate update letter outlining the Company's objectives and strategies for 2024 and beyond.

We are in the midst of what is quickly shaping up to be a very favorable macroeconomic environment for Gold, Copper and precious metals. Yet a perplexing disparity persists for companies despite the favorable backdrop as metal prices head higher market capitalizations continue to struggle creating unprecedented opportunities in the resources sector. Additionally low interest rates can weaken the purchasing power of fiat currencies, making precious metals relatively more attractive as a store of value setting stage for a return to commodities and market capitalizations within the junior mining sector.

One of the commodities that I feel presents tremendous opportunity in the sector is Copper, the recent surge in copper prices combined with anticipated supply shortfalls over the next few years Copper is a value proposition that one should not ignore.

• Supply-Demand Imbalance: With increasing demand for copper driven by infrastructure projects, renewable energy initiatives, and electric vehicle adoption, the market is facing a potential supply-demand imbalance. The result upward pressure on prices, benefiting copper producers.
• Investment Potential: The expected shortfall in copper supply creates an attractive investment opportunity for those looking to capitalize on potential price appreciation. Investors can consider exposure to copper through various avenues such as stocks of mining companies, exchange-traded funds (ETFs), or directly trading copper futures contracts.
• Strategic Importance: Copper is a critical metal with diverse industrial applications, ranging from construction and electronics to transportation and telecommunications. Its strategic importance in various sectors ensures sustained demand, further supporting its price outlook.
• Long-term Trends: Structural shifts such as the transition to renewable energy, electrification of transportation, and urbanization in emerging markets are expected to drive long-term demand for copper. Investing in copper now could position investors to benefit from these ongoing trends.
• Geopolitical Factors: Geopolitical tensions, trade disputes, and supply chain disruptions can impact copper production and distribution. As such, can provide a hedge against geopolitical risks and uncertainties.

Overall, the combination of surging copper prices and anticipated supply shortfalls presents an opportunity for investors bullish on the copper sector. However, it's essential to conduct thorough research and consider risk factors before making investment decisions.

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