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Selten Metal enters into RTO Agreement with a Capital Pool Company® – NexOptic Technology Corp and Selten Amend their Agreement on NexOptic’s THOR Heavy & Light Rare Earth Element Project, Nevada

Selten Metal enters into RTO Agreement with a Capital Pool Company® – NexOptic Technology Corp and Selten Amend their Agreement on NexOptic's THOR Heavy & Light Rare Earth Element Project, Nevada

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VANCOUVER, British Columbia, March 18, 2022 (GLOBE NEWSWIRE) — (“NexOptic”) (TSX VENTURE: NXO) (OTCQB: NXOPF) (FSE: E3O1) Further to NexOptic’s February 18th 2022 news release and its December 18, 2021 and November 29, 2021 joint news releases with Selten Metal Corp (“Selten” or “Selten Metal”), NexOptic reports that Selten has entered into a letter agreement with Railtown Capital Corp. (TSXV: RLT.P) (“Railtown”), a Capital Pool Company, whereby Railtown will acquire all of the issued and outstanding securities of Selten on a one for one basis, which transaction will form Railtown’s qualifying transaction pursuant to the policies of the TSX Venture Exchange and result in Selten, as reverse takeover acquiror, becoming listed on the TSX Venture Exchange.

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