Just in time to open your offices in Lima and welcome the Commie into power. You must be pleased. Tell us, is Luis Saenz still a member of the upcoming board of directors?
VANCOUVER, BC, May 17, 2021 /CNW/ – YUNTONE CAPITAL CORP. (“Yuntone” or the “Company”) (TSXV: YTC.H), a capital pool company, is pleased to announce that it has received conditional approval from the TSX Venture Exchange (the “Exchange”) for its qualifying transaction (the “Transaction”) with Mantaro Silver Corp. (“Mantaro”). As previously announced on October 27, 2020 and May 4, 2021, Yuntone Capital will acquire all of the issued and outstanding shares of Mantaro by way of a three cornered amalgamation. Mantaro owns five silver-focused Peruvian mineral properties, consisting of its flagship Santas Gloria Silver Property and the San Jose, La Purisima, Cerro Luque and Huaranay Properties (the “Silver Properties”).
The QT is now set to close “in late May”, just six months behind schedule. Proof if you ever needed it that P.T. Barnum PhD will put his name to anything, as long as there’s a chequebook open at the time.