WTMA SPAC signs business combination agreement with Evolution Metals for critical minerals supply chain

Evolution Metals & Technologies Corp.

Target Evolution Metals develops an alternative critical materials supply chain including EV battery and rare earth materials.
EM uses AI and robotics for smart factory technologies to lower cost and improve quality in production.
No purchase price or expected close date disclosed; deal subject to tax review, auditing, and regulatory approvals.
Combined company aims for 10,000+ ton per annum output in magnets and battery metals.
Additional transaction details to be announced in coming weeks per WTMAC CEO.

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