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VANCOUVER, BC / ACCESSWIRE / May 21, 2021 / ECC Ventures 2 Corp. (“ECC2“or the”Company“) (TSXV: ETWO.P) is pleased to announce that its filing statement, dated May 14, 2021 (the”Declaration of deposit“), has been approved by the TSX Venture Exchange (the”Exchange“) and can be viewed under the Company’s profile on SEDAR at www.sedar.com. The filing statement describes the qualifying transaction proposed by the Company to acquire Infield Minerals Corp. (“Infield“) (the “Acquisition“), as announced on December 7, 2020.
The Company is also pleased to announce that it has filed a technical report (the “Technical report“) for the Mercury One gold-silver property in Nevada. The technical report, which was prepared in accordance with the requirements of National Instrument 43-101 – Disclosure standards for mining projects, is available under the company’s SEDAR profile.
Completion of the Acquisition is subject to a number of conditions, including, but not limited to, receipt of all required regulatory approvals, including final Exchange approval, approval of the acquisition by Infield shareholders and satisfaction of other customary closing conditions. . Assuming all conditions are met, the acquisition is expected to close towards the end of May 2021. Upon completion of the acquisition, the company is expected to meet all minimum stock exchange listing requirements for an issuer. level 2 mining.
Trading in the ordinary shares of ECC2 will remain suspended until the completion of the acquisition. The ordinary shares of ECC2, as the resulting issuer, will resume trading under the symbol “INFD” following the publication of a final trading bulletin by the Exchange in respect of the closing of the Exchange. acquisition.
Further details on the acquisition will follow in future press releases.
For more information, please contact Scott Ackerman, CEO, CFO and Director of the Company, at 778-331-8505 or by email at [email protected]
On behalf of the Board of Directors ofECC Ventures 2 Corp.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Completion of the Acquisition is subject to a number of conditions including, but not limited to, final acceptance of the Exchange. There can be no assurance that the Acquisition will be completed as proposed, or not at all.
Investors are cautioned that, except as disclosed in the statement of deposit prepared in connection with the Acquisition, any information published or received with respect to the Acquisition may not be accurate or complete and should not be relied upon. . Trading in ECC2 securities should be considered highly speculative.
Statements included in this announcement, including statements regarding our plans, intentions and expectations and Infield, which are not historical in nature, are intended to be, and are hereby identified as “forward-looking statements”. Forward-looking statements can be, but are not always, identified by words including “anticipates”, “believes”, “intends”, “believes”, “expects” and similar expressions. The Company cautions readers that forward-looking statements, including, without limitation, those relating to the future activities and business prospects of the Company and Infield, are subject to certain risks and uncertainties (including the risks that the acquisition does not take place or does not take place according to the expected conditions, geopolitical, regulatory risk, Covid-19 and exchange rate risk) which could cause actual results to differ materially from those indicated in the statements prospective. There can be no assurance that any forward-looking statement will prove to be correct or that management’s assumptions underlying such statements, including assumptions regarding the acquisition or future developments, circumstances or results, will materialize. The forward-looking statements included in this press release are made as of the date of this new press release and the Company does not undertake to update or revise the forward-looking information included in this press release, except in accordance with securities laws. applicable movable property.
SOURCE: ECC Ventures 2 Corp.
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