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AmmPower Corp. (OTCQB: SLDMF) announced a partnership with Process Research Ortech Inc. to enhance ammonia production efficiency via innovative synthesis techniques. This collaboration aims to develop a high-grade form of Green Ammonia over a 19-week period, potentially reducing carbon footprints and promoting Green Ammonia as a hydrogen carrier. Furthermore, AmmPower has engaged Financial Star News Inc. for marketing services, with a total investment of USD $330,000 to boost investor awareness.
Soldera Mining Corp. (OTCQB: SLDMF) plans to change its name to AmmPower Corp. and its ticker symbol from SOLD to AMMP. The changes are expected to take effect on April 22, 2021, pending approval from the Canadian Securities Exchange (CSE). The company is focused on resource exploration with an increasing emphasis on clean energy and holds an option over the Titan Gold Property in Northwestern Ontario.
Soldera Mining Corp. has appointed Gary Benninger as the new CEO and Executive Chairman, effective immediately. Benninger brings over 25 years of experience from Magna International, where he held various roles, including Executive Vice President of Engineering and R&D. He has a history of commercializing technologies, especially in the clean energy sector. Additionally, outgoing CEO Faizaan Lalani transitions to the CFO role. Soldera focuses on resource exploration with particular interest in clean energy, holding significant properties in Ontario and Quebec, and developing green ammonia and hydrogen solutions.
Soldera Mining Corp. (CSE:SOLD, OTC PINK:SLDMF) has completed the acquisition of AmTek Inc. by issuing 12,000,000 common shares as consideration. AmTek owns the Whabouchi South lithium exploration property in Quebec and is developing technology for producing green ammonia. The shares are subject to resale restrictions over the next 24 months. Additionally, 960,000 common shares were issued to a finder for facilitating the transaction. This acquisition aligns with Soldera's focus on clean energy initiatives.
Soldera Mining Corp. (CSE:SOLD, OTC PINK:SLDMF) has announced a share purchase agreement to acquire AmTek Inc., aiming to buy 100% of AmTek's shares for 12 million common shares of Soldera. The transaction is subject to conditions including Canadian Securities Exchange approval and engagement of AmTek's key personnel. AmTek owns the Whabouchi South lithium exploration property in Quebec and is developing technology for producing 'green ammonia'. Resale restrictions for the Consideration Shares will apply over a period of up to 24 months.
Soldera Mining Corp. has successfully closed a private placement, raising $3,999,640 through the issuance of 9,522,952 Units at $0.42 per Unit. Each Unit consists of one common share and one warrant, exercisable at $0.60 for 36 months. Proceeds will be allocated to acquisitions, marketing, and working capital. Finder's fees amounted to $133,664 with additional finder’s warrants issued. All securities are subject to a statutory hold until July 13, 2021. The company focuses on mineral exploration in Canada and the United States.
Soldera Mining Corp. (CSE:SOLD, OTC PINK:SLDMF) has announced a letter of intent to acquire AmTek Inc., owner of the Whabouchi South lithium exploration property in Quebec. This property spans 1,280 hectares and is located near a prominent lithium deposit. The acquisition involves 12 million common shares of Soldera, with resale restrictions in place for 90% of these shares. AmTek is also developing a proprietary technology for producing green ammonia, a carbon-free energy source. The transaction is contingent on customary conditions, including regulatory approval.
