Privco holds 965 uranium claims representing 51,035 hectares of concessions in the mining-friendly jurisdiction of
As consideration for the acquisition of a 100% equity interest in Privco (the 'Acquisition'), Sulliden shall issue 25 million common shares of the Company to the shareholders of Privco at a deemed price per share of
About
Sulliden is a mining company focused on acquiring and advancing brownfield, development-stage and early production-stage mining projects in the
Contact:
Email: ryanp@fmfinancialgroup.com
Cautionary statements
There has been insufficient exploration to define a mineral resource on the properties owned by PrivCo and it is uncertain if further exploration will result in any target being delineated as a mineral resource.
This press release contains 'forward-looking information' within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, the proposed transaction to acquire Privco, including the conditions to closing and the timing to complete the transaction. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including receipt of necessary approvals, risks inherent in the mining industry and the other risks described in the public disclosure of the Company which is available under the profile of the Company on SEDAR at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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