Business
Manado Announces Extension To Due Diligence Period under Yellowstone Agreement
(via Thenewswire.ca) July 4, 2013 - Vancouver, British Columbia. Manado Gold Corp. (" Man...
About this update from Insuraguest Technologies Inc
[{"type":"text","content":"Manado Announces Extension To Due Diligence Period under Yellowstone Agreement(via Thenewswire.ca)\n\n \nJuly 4, 2013 - Vancouver, British Columbia. Manado Gold Corp. (\"Manado\") (TSX-V: MDO) announces that further to its news release on April 25, 2013 regarding the entry into the agreement with Yellowstone Resources Ltd. (\"Yellowstone\") whereby Yellowstone has granted Manado the option to enter into a definitive agreement to acquire up to a 50% interest in the Sheep Creek, Bayonne, Ymir and Rossland mineral properties located in the Nelson and Trail Mining Divisions, British Columbia, the parties have agreed to extend Manado's due diligence period to July 19, 2013.\n\n\n \nThe entry into a definitive agreement with Yellowstone continues to be subject to satisfactory due diligence by Manado and the approval of the TSX Venture Exchange.\n\n\n \nAbout the Properties\n\n\n \nThe Sheep Creek, Bayonne, Ymir and Rossland mineral properties total 67 cell claims and 92 crown granted mineral claims, covering 13,132 hectares (32,450 acres) in the historic Sheep Creek, Bayonne, Ymir, and Rossland mining camps in the Kootenay area of southeastern, British Columbia. This area is an epithermal and mesothermal quartz vein district with considerable historic production.\n\n\n \nOn behalf of the Board of Directors\n\n\n \nLogan Anderson\n\n\n \nPresident and Chief Executive Officer?\n\n\n \[email protected]\n\n\n \nInvestor Relations - Dave Ryan\n\n\n \[email protected]\n\n \n \nForward-Looking Statements Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Manado cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Manado's control. Such factors include, among other things: risks and uncertainties relating to Manado's ability to enter into the Definitive Agreement, Manado's limited operating history; the need to comply with environmental and governmental regulations; and potential defects in title to Manado's properties. Accordingly, actual and future events, conditions and results may di...