Pistol Bay Amends Portland Agreement
2014年3月21日 - 7:30AM
Marketwired
Pistol Bay Amends Portland Agreement
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 20, 2014) -
Pistol Bay Mining Inc. (TSX-VENTURE:PST) ("the Company") reports
that it has received TSX Venture Exchange approval to amend the
terms of the Portland Graphite Property agreement originally
announced February 2013.
Under the terms of the amendment, John E. Riley and Steven J.
Riley ("The First Optionor" of the Option 1 Property Agreement
dated March 5, 2012 - entered into between The First Optionor and
Zimtu Capital Corp. and MPH Consulting Limited) has agreed, in
exchange for 300,000 common shares of the Company, to extend the
due date for a $60,000 payment from March 4, 2014 until May 4,
2014.
The Company also reports that the Investor Relations agreement
with STRIKE Communications Inc., previously announced January 14
2014, has been terminated.
About Pistol Bay Mining Inc. (TSX-VENTURE:PST) is a diversified
Junior Canadian Mineral Exploration Company with a focus on
graphite, precious and base metal properties in North America..
For additional information please contact Charles Desjardins at
Pistol Bay Mining Inc. or visit www.pistolbaymining.com.
On Behalf of the Board of Directors
PISTOL BAY MINING INC.
Charles Desjardins, President and Director
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. Cautionary note:
This report contains forward looking statements. Resource
estimates, unless specifically noted, are considered speculative.
Any and all other resource or reserve estimates are historical in
nature, and should not be relied upon. By their nature, forward
looking statements involve risk and uncertainties because they
relate to events and depend on factors that will or may occur in
the future. Actual results may vary depending upon exploration
activities, industry production, commodity demand and pricing,
currency exchange rates, and, but not limited to, general economic
factors. Cautionary Note to US investors: The U.S. Securities and
Exchange Commission specifically prohibits the use of certain
terms, such as "reserves" unless such figures are based upon actual
production or formation tests and can be shown to be economically
and legally producible under existing economic and operating
conditions.
Pistol Bay Mining Inc.Charles DesjardinsPresident and
Director604-683-5445604-687-9631info@pistolbaymining.comwww.pistolbaymining.com
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