Month: February 2021

PLYMOUTH REALTY CAPITAL CORP., a capital pool company, and SILVER ONE RESOURCES INC. are pleased to announce that Plymouth has received conditional acceptance from the TSX Venture Exchange of its Qualifying Transaction whereby Plymouth will acquire the following three silver-focused Mexican mineral properties, being Peñasco Quemado, Sonora; La Frazada, Nayarit; and Pluton, Durango from Silver One Resources Inc. by acquiring all of the issued and outstanding shares of KCP Minerals Inc. On closing of the Transaction, Plymouth will change its name to “Silverton Metals Corp.”

“Al haberse concretado la extradición desde España, Altos Hornos de México S.A.B. de C.V. reitera su respaldo al presidente del Consejo de Administración, licenciado Alonso Ancira Elizondo, en la seguridad de que la controversia que le afecta se resolverá en breve ante las autoridades correspondientes”.

Peter Hawley, CEO of Fabled said, “Fabled has been thrilled to have the support of Mars Investor Relations during this very active and formative period for Fabled. Mars has very talented people with broad experience in the junior mining industry and their expertise has been invaluable to Fabled over the past 5 months.”

The Company intends to use the net proceeds from the offering for general corporate purposes and working capital, including to improve infrastructure at its Mexico and Montana antimony installations, to fund a geochemical, geological and geophysical program at its Los Juarez property, to fund corporate governance expenses, and to retire certain indebtedness.

“We are grateful for the input of the people in the local communities who support the project and who are remaining patient with the permitting process. Our ongoing permitting and regional work will continue to view their input as a core driver of both project design as well as programs to optimise the potential for shared value”.

The net proceeds of the private placement will be used to increase the trading of manganese ore from Brazil, as well as for general working capital.