Arizona Metals Corp., Formerly Ring the Bell Capital Corp., Announces Commencement of Trading ON TSX Venture Exchange ON
ARIZONA METALS CORP., FORMERLY RING THE BELL CAPITAL CORP., ANNOUNCES
COMMENCEMENT OF TRADING ON TSX VENTURE EXCHANGE ON AUGUST 7, 2019
UNDER THE SYMBOL “AMC”
FOR IMMEDIATE RELEASE
TORONTO, ONTARIO – August 6, 2019 – Arizona Metals Corp. (TSXV: AMC) (the “Corporation”
or “AMC”), formerly Ring the Bell Capital Corp. (TSXV:RTB.P), is pleased to announce that the TSX
Venture Ex change (the “ Exchange”) has issued its final bulletin (the “ Final Bulletin”) in connection
with the completion of the Corporation’s “Qualifying Transaction” (as such term is defined in the policies
of the Exchange) (the “Qualifying Transaction”), which was completed on Aug ust 1, 2019. Pursuan t to
the Qualifying Transaction, the Corporation comp leted a three cornered amalgamation with 11459040
Canada Inc., a wholly-owned subsidiary of the Corporation, and Croesus Gold Corp.
As set out in the Final Bulletin, trading in th e common shares of th e Corporation will commence at
market open on Wednesday, August 7, 2019, under the new trading symbol “AMC”.
For further details with respect to the Qualifying Transaction, please see the filing statement (the “ Filing
Statement”) of the Corp oration dated July 19, 2019 pr epared in connection with the Qualifying
Transaction. A copy of th e Filing Statement has been filed under the Corporation’s profile at
www.sedar.com.
About Arizona Metals Corp.
AMC is a mineral exploration company based in Toronto, Ontario. AMC o wns 100% of approximately
351 acres of patented and unp atented claims cove ring and su rrounding the past-p roducing Kay mine
(“Kay Mine”), located in Yavapai County, Arizona, approximately 50 miles north of Phoenix. The Kay
Mine claims are n ot subject to any royalties. The Kay Mine prop erty hosts an historic resource estimate,
defined by Exxon Minerals (Fellows, 1 982) of 6.4 million short tons at a grade of 2.2% copp er, 2.8g/t
gold, 3.03% zinc, and 55g/t silver. Exxo n used a copper equivalent cut-off grade of 2%. The historic
estimate was defined from a depth of approximately 100m to 900m, and based on approximately 1 03
underground drill holes on 12 levels, t housands of underg round samples, and appro ximately 7,500m in
surface drilling. AMC has planned an initial drill program of approximately 5,000m. The 1982 estimate
by Exxon did not use CIM categories. AMC’s QP has not done sufficient work to classify the histo ric
estimate as a current resource, and AMC is not treating the historic estimate as a current resource. In
March 2019, AMC staked an additional 1,000 acres of BLM claims contigu ous with the recently acquired
Kay Mine claims. AMC also completed a helicopter VTEM survey totaling 102 line kilometres covering
the acquired and staked claims.
AMC also owns 100% of the Sugarloaf Peak Go ld Project, which is co mposed of 222 BLM claims with
dimensions of approximately 4km x 6km, and hosts an historic resource “containing about 1.5 million
ounces gold and 25 million o unces of silver in a volume of about 100 million to ns” (Dausinger, 1983).
This estimate was based on work by Westwo rld Resources (1981-19 83) which totaled 2 ,500 feet of
drilling in 10 holes to a maximum dep th of only 76m. The h istoric estimate was not defined using CIM
categories. AMC’s QP (as defined below) has not done sufficient work to classify the historic estimate as
a current resource, and AMC is not treating the historic estimate as a current resource. Additional drilling
totaling 4,400m was completed by Riversid e Resources and Ch oice Gold between 200 9 and 2012, and a
Titan-24 geophysical survey was also undertaken du ring this period. The average drill h ole spacing at
Sugarloaf is 150 m and AMC estimates an initial drill program of at least 10,000m will be required.
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AMC’s QP has not done sufficient work to classify th e historic estimate as a current resource, and the
Corporation is not treating the historic estimate as a current resource.
The technical information contained in this news release was reviewed and approved by David S. Smith,
CPG, who is a Qualified Person (“ QP”) under National Instrument 43-101 - Standards of Disclosure for
Mineral Projects.
For further information, please contact:
Marc Pais
Chief Executive Officer
Arizona Metals Corp.
(416) 565-768
Disclaimer
This press release contains statements that consti tute “forward-looking information” (collectively,
“forward-looking statements”) within the meaning of the applicable Canadian securities legislation, All
statements, other than statements of historical fa ct, are forward-looking statements and are based on
expectations, estimates and projections as at the date of this news release. Any statement that discusses
predictions, expectations, beliefs, plans, projecti ons, objectives, assumptions, future events or
performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”,
“anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”,
“believes” or “intends” or variations of such word s and phrases or stating that certain actions, events or
results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not
statements of historical fact and may be forwar d-looking statements. Forward-looking statements
contained in this press release include, without limitation, statements regarding the business and
operations of the Resulting Issuer. In making the forw ard- looking statements contained in this press
release, the Corporation has made certain assump tions, including that: all applicable regulatory
approvals for the Qualifying Transaction will be received. Although the Corporation believes that the
expectations reflected in forward-looking statemen ts are reasonable, it can give no assurance that the
expectations of any forward-looking statements w ill prove to be correct. Known and unknown risks,
uncertainties, and other factors which may cause the actual results and future events to differ materially
from those expressed or implied by such forward-l ooking statements. Such factors include, but are not
limited to general business, economic, competitive, political and social uncertainties. Accordingly,
readers should not place undue reliance on the forward- looking statements and information contained in
this press release. Except as required by law, the Corporation disclaims any intention and assumes no
obligation to update or revise any forward-looking statements to reflect actual results, whether as a result
of new information, future events, changes in assump tions, changes in factors affecting such forward-
looking statements or otherwise.
The TSXV has in no way passed upon the merits of the Qualifying Transaction and has neither approved
nor disapproved the contents of this press release. Neither the TSXV nor its Regulation Services Provider
(as that term is defined in policies of the TSXV) accepts responsibility for the adequacy or accuracy of
this release.