Chase Packaging Corporation (OTCMKTS:CPKA) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement

Effective August 24, 2017, Chase Packaging Corporation (the “Company”) amended its warrant agreement (“Amendment No. 4 to Warrant Agreement”) with the holders of the Company’s warrants (the “Warrants”). The purpose of Amendment No. 4 to Warrant Agreement is to extend the expiration date of the warrants from September 7, 2017 until September 7, 2019. The exercise price and all other terms of the original warrant agreement and amendments thereto, other than expiration date, remain the same.

Holders of the Warrants who entered into Amendments No. 1, 2 and 3 to Warrant Agreement with the Company include the following affiliates of the Company: (i) William J. Barrett, secretary and director of the Company, and his wife; (ii) Edward L. Flynn, director of the Company, and his wife; (iii) Herbert M. Gardner, vice president and director of the Company, and his wife; (iv) Ann C.W. Green, chief financial officer and assistant secretary of the Company; and (v) Allen T. McInnes, chairman of the board, president and treasurer of the Company.

About Chase Packaging Corporation (OTCMKTS:CPKA)

Chase Packaging Corporation is a shell company. The Company was engaged in the specialty packaging business, primarily as a supplier of packaging products to the agricultural industry. The Company is seeking to secure a suitable merger partner wishing to go public or to acquire private companies to create investment value for the Company. The Company has no operations and no revenue.