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Anglo Swiss Extends Expected Closing Date for the Sale of Kenville

  VANCOUVER , Oct. 1, 2013 /CNW/ - Anglo Swiss Resources Inc. (ASW: TSX-V, ...

articleGungnir Resources IncOctober 1, 20133/company/gungnir-resources-inc/news/anglo-swiss-extends-expected-closing-date-for-the-sale-of-kenville
Anglo Swiss Extends Expected Closing Date for the Sale of Kenville

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[{"type":"text","content":"\n\n\n\n\n\nASW: TSX.V\n\n\n \n\n\n \n\n\nVANCOUVER, Oct. 1, 2013 /CNW/ - Anglo Swiss Resources Inc. (ASW: TSX-V,\n ASWRF: PK) (\"Anglo Swiss\" or the \"Company\") wishes to advise that the expected closing date for the sale of its\n Kenville Gold Project to Eagle Creek Gold Corp. (\"Eagle Creek\") has been extended to on or before December 30th, 2013. Eagle Creek requested a further extension to provide it with\n more time to close its financing to raise necessary funds for the\n Kenville transaction. Eagle Creek shall pay Anglo Swiss a further\n non-refundable $100,000 deposit on or before October 30, 2013 for the\n extension.\n\n\nShareholders of Anglo Swiss overwhelmingly approved the sale of the\n Kenville Gold Project to Eagle Creek at the Special Meeting held on\n August 7, 2013. The total purchase price is $8-million ($100,000\n deposit received) which shall be satisfied by the delivery to Anglo\n Swiss of $1.8-million on closing (after credit for the further $100,000\n deposit) with the balance payable in stages to August 15, 2017 (see\n News Release dated July 4, 2013).\n\n\nON BEHALF OF THE BOARD OF DIRECTORS, \n\n\nJari Paakki, P.Geo.\nCEO\n\n\nAbout Anglo Swiss:\nAnglo Swiss Resources Inc. is a Canadian based exploration company with\n current assets including its Kenville Gold Mine and Blu Starr Flake\n Graphite properties in southeastern BC, and its Lansdowne House, Ring\n of Fire Nickel-Copper-PGE property in northwestern Ontario. Further\n information about the Company may be found at http://www.anglo-swiss.com or at http://www.sedar.com.\n\n\nCautionary Note Regarding Forward-Looking Statements: Certain statements made herein may contain forward-looking statements\n or information within the meaning of Canadian securities laws. Such\n forward-looking statements or information include, but are not limited\n to, statements or information with respect to Anglo Swiss Resources'\n plan for future exploration and development of its properties.\n Forward-looking statements or information are based on a number of\n estimates and assumptions and are subject to a variety of risks and\n uncertainties, which could cause actual events or results to differ\n from those reflected in the forward-looking statements or information.\n Should one or more of these risks and uncertainties materialize, or\n should underlyin...

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