9 Capital Announces Proposed Qualifying Transaction with Churchill Diamond Corporation

TORONTO, Dec. 23, 2020 — 9 Capital Corp. (the “Company”) announces that it has entered into a binding agreement dated December 23, 2020 (the “Letter Agreement”) with Churchill Diamond Corporation (“Churchill”), an arm’s length, Ontario based mineral exploration company which currently holds three mineral exploration projects in Canada, to effect a business combination of the two companies (the “Proposed Transaction”). The Proposed Transaction will be a reverse takeover of the Company by Churchill and its shareholders.

 

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