Business
Wolfden completes acquisition of mining claims in the Bathurst Mining Camp
THUNDER BAY, ON , Jan. 6, 2014 /CNW/ - Wolfden Resources Corporation (WLF:TSX-V) (" Wo...
About this update from Wolfden Resources Corp.
[{"type":"text","content":"\n\n\nTHUNDER BAY, ON, Jan. 6, 2014 /CNW/ - Wolfden Resources Corporation (WLF:TSX-V) (\"Wolfden\" or the \"Company\") is pleased to announce the closing of the acquisition of mining\n claims in the Bathurst Mining Camp and surrounding area in\n north-eastern New Brunswick (the \"Property\"), as previously announced on November 20, 2013 and detailed in the\n December 9, 2013 Press Release (right click on Press Release to open hyperlink).\n\n\nWolfden acquired the Property from 8100896 Canada Inc., a wholly-owned\n subsidiary of GeoVenCap Inc. (the \"Vendor\"). Pursuant to the terms of a definitive purchase agreement, Wolfden\n purchased all of the Vendor's right, title and interest to and in the\n Property for cash consideration of $125,000 and 571,428 common shares\n of Wolfden (the \"Consideration Shares\") having a deemed value of $100,000. The Consideration Shares are\n subject to a four-month hold period under applicable securities laws in\n Canada.\n\n\nThe transaction has been approved by the TSX Venture Exchange.\n\n\nThis press release contains forward-looking information that involves\n various risks and uncertainties regarding future events. Such\n forward-looking information includes statements based on current\n expectations involving a number of risks and uncertainties and such\n forward-looking statements are not guarantees of future performance of\n the Company, and include, without limitation, statements relating to\n the acquisition of the Property. There are numerous risks and\n uncertainties that could cause actual results and the Company's plans\n and objectives to differ materially from those expressed in the\n forward-looking information in this news release, including without\n limitation, the following risks and uncertainties;(i) risks inherent in\n the mining industry; (ii) regulatory and environmental risks; (iii)\n results of exploration activities and development of mineral\n properties; (iv) stock market volatility and capital market\n fluctuations; and (v) general market and industry conditions. Actual\n results and future events could differ materially from those\n anticipated in such information. These forward-looking statements are\n based on estimates and opinions of management on the date hereof and\n are expressly qualified by this notice.\n\n\nNeither the TSX Venture Exchange nor its regulat...