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Friday, November 26, 2021

Southcorp Capital, Inc. (OTCMKTS: STHC) Powerhouse Move Brewing as AMECA Mining/Schatzi Reverse Merger (RM) Gains Traction

Southcorp Capital, Inc. (OTCMKTS: STHC) is hovering just over its $0.05 base with a recent high of $0.182 and volume has been picking up significantly in recent weeks to over $400,000 per day average. STHC is an investors favorite and is currently getting noticed by investors in a big way. Currently under heavy accumulation STHC is starting to spike up with many new investors buying in every day. STHC is a reverse merger stock, a sector even more explosive the biotech and is looking to blaze a path along the likes of Enzolytics or Tesoro and break out into a whole new dimension – Tesoro went to multi dollars – a break over $0.182 and STHC enters a blue sky breakout! 

Microcapdaily daily reported on STHC in early August just as the AMECA RM story began to unfold reporting on August 7, 2020: Southcorp Capital, Inc. (OTCMKTS: STHC) has skyrocketed out of sub penny land and is moving higher on heavy accumulation and continued interest from investors. Reverse merger plays have proven themselves as more explosive than biotech’s in small caps in recent months and so far STHC is proving to be no exception. The big story on STHC is its planned acquisition of a Mining company which according to its website currently controls an 8 square kilometer claim and has an open pit mining license. AMECA mining, the Company reversing into STHC is a junior mining exploration company headquartered in Canada that holds multiple claims around the world. The Company currently controls an 8 square kilometer claim and has an open pit mining license in Sri Lanka. According to AMECA recent testing on its property found a very large (2 million tonne) graphite deposit of extremely high natural purity (>99%). Initial testing at both Saint Jean Carbon and Actlabs has also revealed high concentrations of other valuable minerals. AMECA has a Gold mining contract from the Sri Lankan Government. Testing at Saint Jean Carbon further confirmed that the Seruwila graphite is of extremely high purity. Initial testing at both Saint Jean Carbon and Actlabs also revealed high concentrations of multiple rare earths and palladium. Having attained bank feasibility on the graphite, is currently in the process of proving out the rare earths, palladium, and gold. 

Southcorp Capital, Inc (STHC): $STHC Ameca Mining - Info/DD/Summary  Highlights:Southcorp Capital, Inc. (OTCMKTS: STHC) is a clean shell registered in Delaware with just 369,462,271 shares issued and outstanding and a perfect merger candidate for AMECA mining. The Company used to be focused on the acquisition of residential, commercial and industrial properties in Bernie and Fort Wayne, Indiana. The rm was officialy announced on August 12 when the Company reported the completion of a change of control with Mark Bolster in which Mr. Bolster acquired control through a super voting preferred class of shares from Synergy Management and confirmation of STHC’s business model shift to the mining industry. As part of the transaction Mark Bolster was also made the sole officer of the company and Benjamin Berry resigned his positions. Mr. Bolster stated at the time “The focus and strategy going forward in the coming months will be to bring the status of the company current with OTC Markets, and to complete a reverse takeover (RTO) with AMECA Mining. We have many exciting announcements to make once we complete the transaction with AMECA.” 

Southcorp Capital, Inc. has started compiling the initial information to OTC Markets needed to become current. In connection therewith, the company also plans to seek a name and symbol change by application to FINRA in order to better reflect the newly combined company’s new business model. Management expects that such milestones will be completed in the coming months. 

According to the August press release AMECA Mining focus is to create shareholder value while supporting local communities by creating commerce, infrastructural advancement, and downstream technological development of new age materials. We aspire to make a difference by finding transformational projects for regions lacking this dynamic, employing the industry’s highest standard ESG, and backing carbon friendly R&D to help the planet become greener.  

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STHC

MapWeb2021-01.pngWhile there is certainly speculation on exactly what assets will be included in the RM; AMECA mining is a junior mining exploration company headquartered in Canada that holds multiple claims around the world. The Company currently controls an 8 square kilometer claim and has an open pit mining license in Sri Lanka. According to AMECA recent testing on its property found a very large (2 million tonne) graphite deposit of extremely high natural purity (>99%). Initial testing at both Saint Jean Carbon and Actlabs has also revealed high concentrations of other valuable minerals. AMECA has a Gold mining contract from the Sri Lankan Government. Testing at Saint Jean Carbon further confirmed that the Seruwila graphite is of extremely high purity. Initial testing at both Saint Jean Carbon and Actlabs also revealed high concentrations of multiple rare earths and palladium. Having attained bank feasibility on the graphite, is currently in the process of proving out the rare earths, palladium, and gold. 

AMECA Gold: Targeting goal of establishing multi-million oz gold resource. Visible gold in core samples. Early testing at shallow levels show the presence of gold (7 grams/tonne). Currently undertaking Phase 2 drilling to a depth of 200 metres. Fire assay will be available in 4-5 weeks.  holds intellectual rights for all gold in Sri Lanka. AMECA Platinum Groups: High concentrations of palladium (5.67) found by Saint Jean Carbon in initial samples. Awaiting confirmation from Actlabs. 

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Southcorp Capital is hovering just over its $0.05 base with a recent high of $0.182 and volume has been picking up significantly in recent weeks to over $400,000 per day average. STHC is an investors favorite and is currently getting noticed by investors in a big way. Currently under heavy accumulation STHC is starting to spike up with many new investors buying in every day. STHC is a reverse merger stock, a sector even more explosive the biotech and is looking to blaze a path along the likes of Enzolytics or Tesoro and break out into a whole new dimension – Tesoro went to multi dollars – a break over $0.182 and STHC enters a blue sky breakout!  Microcapdaily daily reported on STHC in early August just as the AMECA RM story began to unfold reporting on August 7, 2020: Southcorp Capital, Inc. (OTCMKTS: STHC) has skyrocketed out of sub penny land and is moving higher on heavy accumulation and continued interest from investors. Reverse merger plays have proven themselves as more explosive than biotech’s in small caps in recent months and so far STHC is proving to be no exception. The big story on STHC is its planned acquisition of a Mining company which according to its website currently controls an 8 square kilometer claim and has an open pit mining license. AMECA mining, the Company reversing into STHC is a junior mining exploration company headquartered in Canada that holds multiple claims around the world. The Company currently controls an 8 square kilometer claim and has an open pit mining license in Sri Lanka. According to AMECA recent testing on its property found a very large (2 million tonne) graphite deposit of extremely high natural purity (>99%). Initial testing at both Saint Jean Carbon and Actlabs has also revealed high concentrations of other valuable minerals. AMECA has a Gold mining contract from the Sri Lankan Government. Testing at Saint Jean Carbon further confirmed that the Seruwila graphite is of extremely high purity. Initial testing at both Saint Jean Carbon and Actlabs also revealed high concentrations of multiple rare earths and palladium. Having attained bank feasibility on the graphite, is currently in the process of proving out the rare earths, palladium, and gold.  We will be updating on STHC as events unfold so make sure you are subscribed to Microcapdaily so you know what is going on with STHC.

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Disclosure: we hold no position in STHC either long or short and we have not been compensated for this article.

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6 COMMENTS

  1. Mr. Rimes:
    Did you confirm any of this with Ameca Mining or is this article just a conglomeration of their past statements dating only up to January of this year?

    • Please share any public information available pertinent to STHC and any updates and we will publish them here immediately.

      • That’s kind of my point, there has been nothing publicly stated by the company since January regarding any updates to their plans…that’s why I was curious if you had reached out to them directly for your article.

  2. Echoing Winnow, please let us know if you receive any official correspondence from the company itself rather than merely synthesizing commonly known information shared on social media.

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