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Spitfyre Capital Inc. Announces Proposed Qualifying Transaction with NeoTerrex Corporation
Spitfyre Capital Inc. Announces Proposed Qualifying Transaction with NeoTerrex Corporation ...
About this update from Neoterrex Minerals Inc
[{"type":"text","content":"\n \n \n \n Spitfyre Capital Inc. Announces Proposed Qualifying Transaction with NeoTerrex Corporation\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen3{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: TOP; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n /NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n /\n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n June 28, 2023\n \n \n /CNW/ - Spitfyre Capital Inc. (the \"\n \n Corporation\n \n \" or \"\n \n Spitfyre\n \n \") (TSXV: FYRE.P) is pleased to announce details concerning its proposed arm's length qualifying transaction (the \"\n \n Transaction\n \n \") involving a business combination with NeoTerrex Corporation (\"\n \n NeoTerrex\n \n \"), to complete the going public transaction in\n \n Canada\n \n for NeoTerrex. Spitfyre intends that the Transaction will constitute its \"Qualifying Transaction\" under Policy 2.4 - Capital Pool Companies of the TSX Venture Exchange (the \"\n \n TSX-V\n \n \").\n \n \n NeoTerrex is a private company incorporated under the\n \n Canada Business Corporations Act\n \n (\"\n \n CBCA\n \n \") and is currently advancing its prospective rare earths and lithium projects located in the province of\n \n Quebec\n \n , with most of its activities focused on its Mount Discovery project (the \"\n \n Mount Discovery Project\n \n \").\n \n \n NeoTerrex owns a 100% undivided interest in certain mineral claims located in southwestern\n \n Quebec\n \n constituting the Mount Discovery Project. The property was acquired due to its rare earth elements potential, which was confirmed in 2022 with the discovery of rare earths occurrences over a...