Completion of the Offering is subject to final acceptance of the
The Company is also pleased to announce that it has agreed to enter into a Securities Exchange Agreement (the "Exchange Agreement") with
Canagco is the principal land-owner in the historic Cobalt silver mining camp located in northeastern
Completion of the acquisition of Canagco is subject to certain conditions, including Exchange approval.
This news release contains forward-looking statements, including current expectations on the timing of the commencement of production and the rate of production, if commenced. These forward-looking statements entail various risks and uncertainties that could cause actual results to differ materially from those reflected in these forward-looking statements. Such statements are based on current expectations, are subject to a number of uncertainties and risks, and actual results may differ materially from those contained in such statements. These uncertainties and risks include, but are not limited to, the strength of the Canadian economy; the price of gold; operational, funding, and liquidity risks; the degree to which mineral resource estimates are reflective of actual mineral resources; and the degree to which factors which would make a mineral deposit commercially viable are present; the risks and hazards associated with underground operations. Risks and uncertainties about
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
FOR FURTHER INFORMATION PLEASE CONTACT:
Kerr Mines Inc. Greg GibsonPresident and CEO email@example.com Source: Kerr Mines Inc.