Evanda Nakano named President, CEO and Director of the Resulting Issuer with ECC Ventures 2 Corp. Who Enters Letter of Intent with Infield Minerals Corp. for Qualifying Transaction
FOR IMMEDIATE RELEASE
Fri., November 13, 2020
VANCOUVER, BC / November 13, 2020 / ECC Ventures 2 Corp. ("ECC2" or the "Company") (TSXV:ETWO.P) is pleased to announce that it has entered into a non-binding letter of intent (the "LOI") dated effective November 9, 2020 outlining the general terms and conditions with respect to a proposed acquisition (the "Acquisition") by ECC2 of all the issued and outstanding share capital of Infield Minerals Corp. ("Infield").
The Acquisition of Infield will constitute a reverse takeover and ECC2's Qualifying Transaction under Policy 2.4 of the TSX Venture Exchange (the "Exchange"). Assuming completion of the Acquisition, it is anticipated that ECC2 will graduate to Tier 2 of the Exchange as a mining issuer.
Infield is a private company incorporated pursuant to the laws of British Columbia on March 25, 2019. Infield's sole director is Evandra Nakano of Vancouver, British Columbia, and its officers are Evandra Nakano as President and CEO, and Richard Dufresne of Vancouver, British Columbia, as VP Exploration. Infield has a current working capital position of approximately $1,545,000, has 15,675,100 common shares (the "Infield Shares") issued and outstanding, and has no options, warrants or other classes of securities outstanding. Evandra Nakano controls 3,500,100 (22.3%) of the issued and outstanding Infield Shares. Infield's principal asset is the Mercury One Property (the "Property") in the state of Nevada, USA. Infield also has an option on an additional silver-gold project in Nevada (the "Bandit Property").
Board of Directors and Management Changes
On completion of the proposed Acquisition, the Resulting Issuer's Board of Directors and management team will be constituted as follows:
Evandra Nakano, President, CEO and Director
Ms. Evandra Nakano, is the founder, Director and CEO of Infield Minerals Corp. She is also the co-founder, Director, CEO, CFO and Corporate Secretary of Kismet Resources Corp., a Capital Pool Company listed on the Exchange. From 2010 to 2014, Ms. Nakano was a technical team member of B2Gold Corp., where she participated in the evaluation of several major acquisitions. With more than a decade of international mineral exploration and mining industry experience, Ms. Nakano brings a strong combination of technical expertise and business acumen to the Resulting Issuer. She holds a B.Sc. (Honours Geology) from the University of British Columbia (UBC) and an MBA (Finance) from Sauder School of Business, UBC.
Click here for the full story.
Evanda Nakano holds a designation as a qualified board candidate CDI.D from Corporate Directors International LLC., www.corporatedirectorsintl.com, and is a 2018 graduate of the ACE Board Certification Program.