Manado Announces Extension To Due Diligence Period under Yellowstone Agreement
2013年7月5日 - 7:14AM
Access Wire
July 4, 2013 - Vancouver, British Columbia.
Manado Gold Corp.
("Manado") (TSX-V: MDO)
announces that further to its news release on April 25, 2013
regarding the entry into the agreement with Yellowstone Resources
Ltd. ("Yellowstone") whereby Yellowstone has granted Manado the
option to enter into a definitive agreement to acquire up to a 50%
interest in the Sheep Creek, Bayonne, Ymir and Rossland mineral
properties located in the Nelson and Trail Mining Divisions,
British Columbia, the parties have agreed to extend Manado's due
diligence period to July 19, 2013.
The entry into a definitive agreement with Yellowstone
continues to be subject to satisfactory due diligence by Manado and
the approval of the TSX Venture Exchange.
About the Properties
The Sheep Creek, Bayonne, Ymir and
Rossland mineral properties total 67 cell claims and 92 crown
granted mineral claims, covering 13,132 hectares (32,450 acres) in
the historic Sheep Creek, Bayonne, Ymir, and Rossland mining camps
in the Kootenay area of southeastern, British
Columbia. This area is an epithermal and mesothermal quartz vein
district with considerable historic production.
On behalf of the Board of Directors
Logan Anderson
President and Chief Executive Officer?
info@manadogold.com
Investor Relations - Dave Ryan
dave@manadogold.com
Forward-Looking
Statements Information set forth in this news release
contains forward-looking statements that are based on assumptions
as of the date of this news release. These statements reflect
management's current estimates, beliefs, intentions and
expectations. They are not guarantees of future performance. Manado
cautions that all forward looking statements are inherently
uncertain and that actual performance may be affected by a number
of material factors, many of which are beyond Manado's control.
Such factors include, among other things: risks and uncertainties
relating to Manado's ability to enter into the Definitive
Agreement, Manado's limited operating history; the need to comply
with environmental and governmental regulations; and potential
defects in title to Manado's properties. Accordingly, actual and
future events, conditions and results may differ materially from
the estimates, beliefs, intentions and expectations expressed or
implied in the forward looking information. Except as required
under applicable securities legislation, Manado undertakes no
obligation to publicly update or revise forward-looking
information.
NEITHER 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.
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