SOUTHCORP CAPITAL, INC.
(STHC)
PROVIDES SHAREHOLDER
UPDATE AND ANNOUNCES CHANGE OF
CONTROL
Wilmington, DE -- August 12, 2020 -- InvestorsHub
NewsWire -- Publicly-held
Southcorp
Capital, Inc. (OTC
Pink:
STHC) announces 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.
"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"
stated Mark
Bolster,
Chief Executive Officer. "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.
Benjamin
Berry has
begun the closeout process with the Delaware courts to discharge as court
appointed custodian. "I'm very pleased we were able to put
Southcorp
Capital, Inc. onto a path of becoming a
viable business once more" stated Benjamin
Berry, Court Appointed
Custodian.
"I
believe
the
new
management is prepared and ready to deliver for the
STHC
shareholders".
Statements in
this press release that are not historical fact may be deemed
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. Although
Southcorp
Capital, Inc. believes the expectations
reflected in any forward-looking statements are based on reasonable
assumptions, Southcorp
Capital,
Inc is unable to give any assurance that its expectations will be
attained. Factors that could cause actual results to differ
materially from expectations include the company's ability identify
a suitable business model for the corporation.
Contact:
Mark
Bolster
Chief Executive
Officer
Email: markbolster@amecamining.com
About
AMECA Mining:
Our 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. For more
information, contact markbolster@amecamining.com.
https://twitter.com/AmecaMining
About
Synergy Management Group:
Our management
& consulting services focus on our clients' most important
obstacles and opportunities.
We
are specialists' that create SYNERGY between a company, their
shareholders and the strategic activities that help growth
and development.
For more
information, contact info@synergymgtgroup.com.
