VANCOUVER, British Columbia, Feb. 18, 2025 (GLOBE NEWSWIRE) — James Bell Capital Corp. (“JBCC” or the “Company”) is pleased to announce that it has entered into a definitive agreement effective February 18, 2025 (the “Business Combination Agreement“) setting out the terms of a proposed business combination (the “Transaction“) with Evolution Nickel Corp. (“Evolution“), an arm’s […]
James Bell Capital Corp. (JBCC) has entered into a definitive agreement to acquire Evolution Nickel Corp., a privately held company focused on the South Thompson Nickel Project in Manitoba. The transaction, structured as a three-cornered amalgamation, will involve JBCC issuing 52 million common shares to Evolution’s shareholders. Upon completion, JBCC plans to rename itself “Evolution Nickel Corp.” and shift its focus to natural resource development. The transaction is subject to regulatory approvals and other closing conditions. Concurrently, JBCC and Evolution will complete a private placement to raise $5 million to fund exploration and corporate purposes.
