Los Angeles, Feb. 22 -- Ace James Watkins has come on board to helm DC's 'Clayface'.

The feature is based on the Batman villain, which has a script from horror maestro Mike Flanagan, as per The Hollywood Reporter.

Sources said that DC co-chief James Gunn met with Watkins Thursday for a final presentation that led to the nod of nabbing the gig. A deal will now be hammered out.

Clayface was first introduced in 1940 and known for his ability to shape-shift. Sources say the film is budgeted at $40 million and is a Hollywood horror tale centering on a B-movie actor who injects himself with a substance to keep himself relevant, only to find out that he can reshape his face and form, becoming a walking piece of clay. The movie is due to shoot...