SOURCE: Patagonia Financial Holdings

Gonzalo Lopez Jordan Santiago Steed

September 10, 2014 13:52 ET

Patagonia Financial Holdings Announces Addition to American Regional Center Group (ARCG) Portfolio

MIAMI, FL--(Marketwired - September 10, 2014) - Patagonia Financial Holdings and American Regional Center Group (ARCG) are proud to announce the addition to ARCG's portfolio of EB5 projects, Simbol Materials (www.simbolmaterials.com)

Simbol Materials, Inc. is a California-based sustainable materials Technology Company, focused on the production of lithium and other critical materials from renewable resources.

President and CEO of Simbol Materials, Dr. John Burba, commented, "We are delighted to work with ARCG and being able to incorporate EB5 to our growth strategy. This is an excellent opportunity to be part of a company with a great back up and a brilliant future." Dr. Burba has over thirty years of experience pioneering the selective extraction of lithium from saturated salt brines. He is also the inventor of 50 issued US patents.

The latest generation of electric vehicle batteries requires extremely high purity lithium and manganese -- key to maximizing battery cycle-life and safety, while lowering manufacturing costs. Simbol Materials' high purity lithium carbonate (Li2CO3), lithium hydroxide (LiOH), and other battery precursors have been specifically developed for use in lithium-ion batteries.

The main strategic shareholder in Simbol Materials is Itochu Corporation, a $49 billion trading and industrial company headquartered in Tokyo with over 350 group companies involved in energy, metals, minerals, chemicals and many other markets. Itochu provides Simbol, Inc. with a sales channel to Asia's top electric vehicle battery manufacturers.

"Today's educated consumers need for lithium battery operated gadgets and the desire to live a greener lifestyle has significantly increased the demand of lithium production," mentioned Gonzalo Lopez Jordan, Managing Partner of ARCG. "Simbol's secure, reliable, and scalable process, can keep pace with growing global demand," Gonzalo Lopez Jordan added.

"With an impressive output capacity of lithium produced in the USA and Tesla's announcement of setting shop in Nevada this past Thursday, we are beyond excited to be a part of this revolutionary project", said Santiago Steed Managing Partner of ARCG, in reference to the agreement with Simbol that will bring $35 million of financing in this first phase. "We are about to experience a new era of job creation and growth in the American economy," added Santiago Steed.

The offering will be conducted by Antarctica Advisors, a Broker Dealer Member of FINRA www.antarcticallc.com. For any request of documents or information please contact eb5@antarcticallc.com 

ABOUT PATAGONIA FINANCIAL HOLDINGS

Patagonia Financial Holdings is a private equity firm headed by Gonzalo Lopez Jordan and Santiago Steed. The firm has over $500 million of deployed capital, primarily focused on structuring value-oriented and special situation investments.

Based in Florida, American Regional Center Group LLC (ARCG) was founded in partnership with Patagonia Financial Holdings LLC (PFH) to provide sound and reliable EB-5 investment opportunities for foreign investors and their families who wish to obtain permanent residency in the United States.

Patagonia Financial Holdings is headquartered in the heart of Miami's Financial District.

For more information, please visit www.patagoniafinancial.com and www.americanrcg.com

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