Sky Ridge Resources Ltd. announces Section 111 Filing

About this update from Japan Gold Corp

[{"type":"text","content":"\n\n\n\nVANCOUVER, May 2 /CNW/ - Sky Ridge Resources Ltd. (NEX Board of\nTSXV:SYR.H) announces that it has been advised that Fiore Capital Corporation\nof 595 Burrard Street, Suite 3123, Vancouver, B.C. V7X 1J1 and Eclectic\nTrading Inc., of the same address have acquired 6,500,000 common shares in a\nprivate transaction representing 8.2% of the company's current outstanding\ncapital.\n\n\nEclectic Trading Inc., Fiore Capital Corporation, Radcliffe Foundation,\n(organizations controlled by Frank Giustra) and Frank Giustra personally now\nhold a combined 41,750,000 common shares, 10,450,000 share purchase warrants\nand 2,000,000 stock options. Assuming the exercise of all of their warrants\nand options, the parties would own a total of 54,200,000 common shares which\nwould represent approximately 59.0% of the outstanding shares of the Company.\nThe Company is advised that the securities were acquired by Fiore Capital\nCorporation and Eclectic Trading Inc. for investment purposes. While the Frank\nGiustra controlled organizations do not currently have any intention to\nacquire further securities of the company, they may in the future acquire or\ndispose of securities of the Company, through the market or otherwise, as\ncircumstances or market conditions warrant.\n\n\nThis document may contain statements about expected or anticipated future\nevents and financial results that are forward-looking in nature and as a\nresult, are subject to certain risks and uncertainties, such as general\neconomic, market and business conditions, the regulatory process and actions,\ntechnical issues, new legislation, competitive and general economic factors\nand conditions, the uncertainties resulting from potential delays or changes\nin plans, the occurrence of unexpected events, and the Company's capability to\nexecute and implement its future plans. Actual results may differ materially\nfrom those projected by management. For such statements, we claim the safe\nharbour for forward-looking statements within the meaning of the Private\nSecurities Legislation Reform Act of 1995.\n\n\nThe TSX Venture Exchange has not reviewed and does not accept\n\n\nresponsibility for the adequacy or accuracy of the content of this news\n\n\nrelease.\n\n\n","length":2293,"tagName":"div"}]

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