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Richmond Minerals Inc. Closes Acquisition of 100% Interest in All Ridley Lake Mining Claims in the Mining District of Porcupine
Richmond Minerals Inc. Closes Acquisition of 100% Interest in All Ridley Lake Mining Claim...
About this update from Richmond Minerals Inc.
[{"type":"text","content":"\n\n\n\nRichmond Minerals Inc. Closes Acquisition of 100% Interest in All Ridley Lake Mining Claims in the Mining District of Porcupine\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, July 25, 2017\n\n\n\nTORONTO, July 25, 2017 /CNW/ - Richmond Minerals Inc. (TSX-V: RMD) (\"Richmond\") is pleased to announce that it has completed its previously announced acquisition (see news release dated June 27, 2017) of a 100% undivided interest in five (5) unpatented mining claims and a 50% undivided interest in thirty-five (35) unpatented mining claims (the \"Ridley Lake Properties\") situated in the mining district of Porcupine, in the township of Rollo, Ontario (the \"Transaction\") from a private party. \n\nAs a result of the Transaction, Richmond now owns 100% of the Ridley Lake Properties.             \n\nThe securities issued and issuable as consideration for the Transaction will be subject to a four month and one day statutory hold period.\n\nCautionary Statements\n\nNeither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this news release.\n\nThis news release contains forward-looking information that involves substantial known and unknown risks and uncertainties, most of which are beyond the control of Richmond. Forward-looking statements include estimates and statements that describe Richmond's future plans, objectives or goals, including words to the effect that Richmond or its management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as \"believes\", \"anticipates\", \"expects\", \"estimates\", \"may\", \"could\", \"would\", \"will\", or \"plan\". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to Richmond, Richmond ...