$ACAP-P.V

Atlas One Capital Signs Letter of Intent to Acquire Ramsden Metals

Atlas One Capital (ACAP-P.V) has entered into a letter of intent to acquire Ramsden Metals, a private Canadian mineral exploration company focused on critical mineral opportunities.A definitive agreement will be signed on Aug. 31 in which Atlas One will acquire all of Ramsden Metals' issued and outstanding common shares in an all-stock deal, the capital pool company said Tuesday.The parties will also complete a concurrent financing of Ramsden Metals securities, with net proceeds to fund Ramsden Metals' flagship Eagle's Nest Critical Metals Project, transaction costs and working capital requirements.