Yellowjacket Resources Ltd. Announces Strategic Review, Evaluation of Oil & Gas Royalty Market

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[{"type":"text","content":"\nYellowjacket Resources Ltd. Announces Strategic Review, Evaluation of Oil & Gas Royalty Market\n\nYellowjacket Resources Ltd. Announces Strategic Review, Evaluation of Oil & Gas Royalty Market\nCALGARY, ALBERTA, CANADA, November 27, 2012 /FSC/ - Yellowjacket Resources Ltd. (YJK - TSX Venture),  wishes to advise its shareholders that the company has elected to: i) launch a strategic review process with respect to the potential partial or whole monetization of the Yellowjacket mining property; and ii) explore business expansion opportunities in the oil and gas royalty market. The company believes that the initiatives, if successful, may help to deliver material positive growth to the company's capitalization and operations.\nThe company intends, as part of the strategic review process, to explore mechanisms to derive increased value from its Yellowjacket mining property. Potential avenues to be explored involve a partial or full sale of the property and/or the opportunity to generate a near-term production royalty on the fully-permitted mining property through third-party funded operations thereon.  While the company is optimistic with respect to its go-forward market canvass, there can be no assurance that a transaction shall occur. Unless and until a transaction is declared, the company should continue to be viewed as the go-forward operator of the Yellowjacket mining property, inclusive of its property, plant and equipment, as well as potential production and resource expansion opportunities involving the project. \nThe company is also pleased to announce that it intends to conduct a go-forward search process for oil and gas royalties for the purpose of growing its business operations in a cash-flow positive manner. The focus of these efforts will be to identify suitable energy royalty investment assets that may be capable of generating dividend yield for shareholders. The company will explore both traditional oil and gas royalty structures, such as gross overriding royalties, as well as the evolving category of oil and gas production stream royalties. Funds that may result from a potential transaction event involving the Yellowjacket mining property may be consequently deployed into oil and gas royalty assets hereafter identified by the company. \n\"As we have communicated in past, there is strong...

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