West Pacific Ventures Inc. entered into a letter of intent to acquire Fireswirl Technologies Inc. (TSXV:FSW.H) in a reverse merger transaction for CAD 12.9 million on June 12, 2020. West Pacific Ventures Inc. entered into a definitive agreement to acquire Fireswirl Technologies Inc. in a reverse merger transaction on August 17, 2020. Consideration will be paid in the form of 14.3 million common shares to existing West Pacific Shareholders, plus that number of shares equal to 19.9% of the total issued shares of Fireswirl on closing of the transaction to Revelo Resources Corp. (TSXV:RVL). Fireswirl Technologies Inc. entered into a business combination agreement to acquire West Pacific Ventures Inc. on September 1, 2020. It replaces the agreement previously entered into between the parties, containing the same terms and conditions, except that Fireswirl Technologies will acquire West Pacific by way of a three cornered amalgamation instead of a share exchange. The shareholders of West Pacific will receive one common share in the capital of the company in exchange for each outstanding common share of West Pacific held by them, and upon completion of the transaction, Revelo will own 19.9% of the issued and outstanding shares of the resulting issuer. As reported on November 24, 2020, Fireswirl Technologies will issue 32.2 million shares as consideration. In a separate transaction, West Pacific Ventures agreed to acquire eight Copper-Focused Projects in Chile of Revelo Resources Corp. Upon completion of the transaction, Fireswirl will change its name to a new name. The resulting company will apply to list on the Canadian Securities Exchange.

Resulting company Board of Directors will consist of 5 Directors of which Revelo will appoint one director. Julian R.F. Bavin will be appointed as Chief Executive Officer and Director of Fireswirl and Adrian Manger as the Non-Executive Chairman of the new board of directors on closing of the transaction. Timothy J. Beale, Ioannis (Yannis) Tsitos and Gurdeep Bains will serve as members of new board of directors. Current officers and directors of Fireswirl Technologies, with the exception of Gurdeep Bains, will resign on closing of the transaction. In connection with the transaction, Fireswirl Technologies will complete a concurrent private placement offering for gross proceeds of a minimum of CAD 4 million. As of October 16, 2020, Fireswirl Technologies completed a bridge financing of 0.67 million units at a price of CAD 0.40 per unit for gross proceeds of CAD 0.27 million. The company intends to use the proceeds of the bridge financing for working capital including costs of the transaction. As of November 3, 2020, West Pacific Ventures has completed a private placement of a total of 101 million subscription receipts of West Pacific at a price of CAD 0.40 per subscription receipt for gross proceeds of CAD 4.02 million. The offering was completed in connection with the proposed business combination between the Fireswirl Technologies and West Pacific.

Completion of the transaction is subject to a number of conditions, including, but not limited to completion of a private placement for proceeds of no less than CAD 4 million, receipt of CSE approval to the listing of Fireswirl Technologies, and completion of satisfactory due diligence by Fireswirl Technologies.

West Pacific Ventures Inc. completed the acquisition of Fireswirl Technologies Inc. (TSXV:FSW.H) in a reverse merger transaction on November 27, 2020. As of December 2, 2020, in connection with the closing of the transaction, the company changed its name to Pampa Metals Corporation and delisted its common shares from the TSX Venture Exchange (the “TSXV”). West Pacific Ventures has received conditional approval to list the shares of Pampa Metals on the Canadian Securities Exchange (the “CSE”) under the trading symbol “PM”. Trading of the common shares of Pampa Metals on the CSE is subject to filing and acceptance of final listing materials with the CSE. Timothy J. Beale will also be appointed as the Vice President of Exploration. The transaction was also subject to West Pacific and Revelo complete the purchase and sale of the Property, Fireswirl obtains shareholder approval of the transaction, Fireswirl accepts the results of the Fireswirl Due Diligence, Fireswirl accepts the results of the Fireswirl Due Diligence and all required regulatory, corporate, shareholder and third party approvals, necessary to complete the purchase and sale of the Property, the transaction should be obtained.