GRIL advises that it has established GRIT to exploit investment opportunities in junior mining and natural resource sectors worldwide, with an investment objective to generate medium and long-term capital growth through investing in a diverse portfolio of primarily small and mid-capitalization natural resource and mining companies. GRIL has advised that GRIT is in the final stages of having its ordinary shares admitted on the main market for listed securities on the
The proceeds from the Financing will be used for exploration work on the Company's properties and for working capital. The closing of the Financing is subject to a number of conditions including the approval of the
BOWMORE is a Canadian exploration mining company focused on precious metal exploration in
Forward-looking statements: Except for statements of historical facts, all statements in this news release regarding, without limitation, the Private Placement, new project acquisitions, future plans and objectives are forward-looking statements which involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions actual results and future events could differ materially from those anticipated in such statements. Factors that may cause the actual results to differ materially from those in forward-looking statements include precious metal prices, results of exploration and development activities, regulatory changes, defects in title, availability of materials and equipment, timeliness of government approvals, continued availability of capital and financing and general economic, market or business conditions. The Company cautions the foregoing list of important factors is not exhaustive. Investors and others who base themselves on the Company's forward-looking statements should carefully consider the above factors as well as the uncertainties they represent and the risk they entail. Please see the public filings of the Company at www.sedar.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
Paul DumasPresident & CEO BOWMORE Exploration Ltd.(514) 861-4441 firstname.lastname@example.org Christina LalliCorporate Communications BOWMORE Exploration Ltd.(514) 865-8223 email@example.com Source: BOWMORE Exploration Ltd.