Amana Provides Transaction Update

TORONTO, ONTARIO--(Marketwired - Aug. 14, 2015) - Amana Copper Ltd. (CSE:AMA) ("Amana" or the "Company") would like to provide shareholders with an update on the Company's transaction with International Wastewater Systems ("IWS"), previously announced on June 5^th, 2015 (the "Transaction").

Amana and IWS are working diligently towards completion of the Transaction. In preparation for closing the Transaction, the Company has reserved the stock symbol "IWS" with the Canadian Securities Exchange.

The Company further announces that it has engaged Momentum Public Relations ("MomentumPR") to provide investor and public relations services commencing September 1^st, 2015. MomentumPR will assist the Company in increasing public awareness by managing corporate communications and marketing activities and facilitating dialogue with shareholders, the investment community and media contacts. Max Gagné, President of MomentumPR, commented: "We are excited to team up with Amana and IWS as they near completion of their proposed transaction. IWS is a world leader in state-of-the-art wastewater heat recovery technology, with tremendous potential for revenue growth. MomentumPR has a particular focus on revenue generating opportunities; we expect that IWS will be very well received by the investment community and will create great opportunities for our networks".

ON BEHALF OF THE BOARD

Yaron Conforti, Chief Executive Officer and Director

The CSE does not accept responsibility for the adequacy or accuracy of this release.

Forward-Looking Information

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that Amana Copper Ltd. (the "Company") expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.