Pima Zinc Corp. (OTCPK:RAEW.F) entered into an agreement to acquire 1139432 B.C. Ltd for CAD 0.2 million on August 9, 2018. Under the terms, Pima Zinc Corp. (OTCPK:RAEW.F) will acquire all outstanding and issued shares of 1139432 B.C. Ltd for a cash consideration of CAD 0.16 million and by issuance of 5 million common shares to the existing shareholders of 1139432 B.C on a pro rata basis. In connection with the transaction, Pima Zinc Corp intends to completed a private placement for a gross proceeds of CAD 0.35 million to fund the exploration of Pima Zinc Property. 1139432 B.C. Ltd holds 100% interest in Pima Zinc Property. The transaction is subject to Debt Settlement. Pima Zinc Corp. (OTCPK:RAEW.F) completed the acquisition of 1139432 B.C. Ltd on July 24, 2019