Cavan Ventures Provides Corporate Update and Engages Robson Capital Markets Advisory
2014年4月3日 - 9:00PM
Marketwired
Cavan Ventures Provides Corporate Update and Engages Robson Capital
Markets Advisory
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 3, 2014) - CAVAN
VENTURES INC. (TSX-VENTURE:CVN) ("Cavan" or the "Company") is
pleased to provide a corporate update in regards to the continued
development of its graphite projects in Quebec.
Cavan intends to conduct diamond drilling programs in Q2 2014 at
its 100%-owned Buckingham and Tetepiska-East graphite properties,
located in western and northeastern Quebec, respectively (see PR
dated January 22, 2014). The Buckingham property includes 24 claims
located in ranges VIII and IX, Buckingham Township, Quebec, and
covers an area of 1,682.8 hectares (4,157 acres). Buckingham is 1.7
kilometers north of the historic Walker graphite mine, which
produced graphitic ore from 1876 to 1920. The Tetepiska-East
property includes 54 mining claims covering 2,925.72 hectares. The
diamond drilling program at Tetepiska will include five to six
holes totaling up to 1,200 meters, designed to test the graphitic
mineralization at depth as well as its lateral extension.
To assist in funding these drill programs, Cavan is pleased to
announce that it has engaged Robson Capital Markets Advisory, a
Vancouver based corporate advisory and EMD, to lead an upcoming non
brokered financing. Further information regarding such financing
will be announced as they are determined. Robson Capital Markets
Advisory will also advise Cavan in its further investigation and
analysis of the medical marijuana space and potential opportunities
therein.
"We are very excited to start working with Robson Capital and
are moving ahead in a timely manner towards further development of
our graphite interests," states Peter Swistak, President and CEO of
Cavan. "We are also carefully investigating and exploring potential
opportunities in the medical marijuana sector, and look forward to
working with Robson Capital in that regard as well."
For more information visit the website at
www.cavanventuresinc.com.
ON BEHALF OF THE BOARD
Peter P. Swistak, President
Forward-Looking Statement:
Certain statements in this release are forward-looking
statements, which reflect the expectations of management regarding
the Company's plans with respect to its existing graphite
interests, future financings, and the analysis and investigation of
the medical marijuana sphere. Forward-looking statements consist of
statements that are not purely historical, including any statements
regarding beliefs, plans, expectations or intentions regarding the
future and statements concerning the anticipated drilling programs,
future financings, and the Company proceeding with any transactions
in the medical marijuana sphere. Such statements are subject to
risks and uncertainties that may cause actual results, performance
or developments to differ materially from those contained in the
statements. No assurance can be given that any of the events
anticipated by the forward-looking statements will occur or, if
they do occur, what benefits the Company will obtain from them. In
particular, the Company cautions that any financings or potential
transactions cannot be predicted with certainty, and there can be
no assurance at this time that all required or desirable approvals
and consents to affect future financings or proposed transactions
will be achieved at all. These forward-looking statements reflect
management's current views and are based on certain expectations
and assumptions which may prove to be incorrect. A number of risks
and uncertainties could cause our actual results to differ
materially from those expressed or implied by the forward-looking
statements, including factors beyond the Company's control. These
forward-looking statements are made as of the date of this news
release.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Cavan Ventures
Inc.604-683-3995888-945-4770604-683-3988www.cavanventuresinc.com
Cavan Ventures Inc. (TSXV:CVN)
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