(via Thenewswire.ca)
Vancouver, BC - September 7, 2012 - Silver Pursuit Resources Ltd. (TSX-V: SPF)(the "Company") announces that further to the Company's letter of intent dated August 9, 2010 (the "LOI") and subsequent definitive agreement dated September 5, 2010 (the "Agreement") with the vendor for the La Quintera Property located 15 km west of Alamos, Sonora, Mexico, it has entered into an agreement dated August 30, 2012, to amend the Agreement (the "Amendment Agreement").
Subject to the TSX Venture Exchange approval, the parties agree that the obligation for the Company to pay US$75,000 plus any taxes and issue 100,000 common shares to the vendor on or before the 2nd anniversary of TSX Venture Exchange approval of the LOI be amended whereby the Company will instead pay the vendor US$40,000 and issue 450,000 common shares.
All other terms and conditions of the Agreement remain the same.
ON BEHALF OF SILVER PURSUIT RESOURCES LTD.
"Adrian Robertson"
Adrian Robertson
President, CEO and Director
FOR MORE INFORMATION PLEASE CONTACT:
Investor Relations
Telephone: 604 682-2928
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
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
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Copyright (c) 2012 Thenewswire.ca - All rights reserved.
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