on Spey Resources Corp. (NASDAQ:SPEYF)
Spey Resources Corp. Announces Share Exchange Agreement and Name Change
Spey Resources Corp., based in Vancouver, has signed a share exchange agreement with Antimony Assets Inc. to acquire all of Antimony's issued common shares. The transaction involves issuing 4,975,000 common shares of Spey at $0.0675 per share. Antimony holds interests in two mineral claims in Haida Gwaii, British Columbia, known as the Riley Creek Project. This project features gold and antimony occurrences, which remain unverified by Spey.
Additionally, Spey plans to change its name to Armory Mining Corp. Effective around November 19, 2024, the Canadian Securities Exchange (CSE) symbol will change to "ARMY." Shareholders are not required to take any action regarding this change, and the share capital remains the same.
The acquisition and name change are subject to customary closing conditions, including due diligence and possibly CSE approval. There is no guarantee of transaction completion as outlined.
R. P.
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