Watusi Capital Corp. announced that has entered into a definitive sale and option agreement dated January 23, 2018 with Prospex SpA, BLC SpA and CALISTO SpA. Upon Closing, the board of directors of Watusi will consist of four members, to be comprised of three new members, Robert Davies, who will also become the Chief Executive Officer, Jens Mayer, Sam Leung and a continuing member, Michael Atkinson. Robert Davies has played a key management role within Barrick, Kinross, Inmet and most recently GE Capital (Mining). Mr. Davies has been recently involved with several South American project developments in Chile, Argentina, Panama and the Dominican Republic. Jens Mayer is a Principal with INFOR Financial. Mr. Mayer has 20 plus years of experience as a mining investment banker and was Head/Co-Head of Investment Banking and the Resource Group at Canaccord Genuity from 2000-2016. Sam Leung is Vice President, Corporate Development, of Adventus Zinc Corporation and has over 10 years of experience in the mining industry focused primarily on M&A, due diligence, and strategic evaluation of operations. Michael Atkinson is currently a director and the President, Chief Executive Officer and Chief Financial Officer of Watusi. Mr. Atkinson is currently CEO and President of Earlston Investments Corp.