Fondo de Inversión Privado Mining Equity Acquires Control of Common Shares of Aethon Minerals Corporation
27.04.2018 | CNW
TORONTO, April 27, 2018 - Fondo de Inversión Privado Mining Equity ("Mining Equity Fund"), a private mining equity fund, announces that on April 26, 2018, through the companies Prospex SpA, BLC SpA and Calisto SpA (the "Optionors"), it acquired indirect control of 11,200,000 common shares ("Common Shares") of Aethon Minerals Corporation (formerly Watusi Capital Corp.) ("Aethon") as consideration for the grant by the Optionors of an option to earn a 100% interest (subject to certain royalty obligations) in certain mineral claims located in Northern Chile and the sale of related databases.Following this acquisition, the Mining Equity Fund indirectly controls 11,200,000 Common Shares or approximately 40.53% of the issued and outstanding Common Shares of Aethon.
The Optionors may from time to time increase or decrease their holdings of Common Shares depending on market and other conditions.
Further details may be obtained from the Early Warning Report filed on SEDAR by the Mining Equity Fund under Aethon's profile.
SOURCE Fondo de Inversión Privado Mining
For further information:
Patricia Lyng Benitez
Avenue La Dehesa 1201, North Tower, Suite 713, Lo barnechea
Santiago, Chile
+56 9 84798608