Wolverine Minerals Extends Due Diligence Period in Acquisition of an Interest in Columbia Gold Properties From Tolima Gold Inc.
07 February 2014 - 9:00AM
Marketwired
Wolverine Minerals Extends Due Diligence Period in Acquisition of
an Interest in Columbia Gold Properties From Tolima Gold Inc.
TORONTO, ONTARIO--(Marketwired - Feb 6, 2014) - Tolima Gold Inc.
("Tolima" or the "Company") (TSX-VENTURE:TOM) provides the
following update with respect to the Wolverine Minerals Corp.
("Wolverine") acquisition of an interest (the "Transaction") in
Remedios Gold Holdings S.A., pursuant to a share purchase agreement
dated December 4, 2013 (the "Agreement"). As a condition of the
Agreement, Wolverine had up to 60 days to complete its due
diligence with respect to the Transaction. The parties have
mutually agreed to extend the due diligence period by thirty (30)
days.
Disclaimer for Forward-Looking Information
Certain statements in this release are forward-looking
statements, which reflect the expectations of management of Tolima
regarding the Transaction. Forward-looking statements consist of
statements that are not purely historical, including any statements
regarding beliefs, plans, expectations or intentions regarding the
future, and include discussion of what the parties must do to
complete the Transaction. Such statements are subject to risks and
uncertainties that may cause actual results, performance or
developments to differ materially from those contained in the
statements. No assurance can be given that any of the events
anticipated by the forward-looking statements will occur or, if
they do occur, what benefits Tolima will obtain from them. These
forward-looking statements reflect management's current views and
are based on certain expectations, estimates and assumptions which
may prove to be incorrect. A number of risks and uncertainties
could cause actual results to differ materially from those
expressed or implied by the forward-looking statements, including:
(1) the occurrence of any events that prevent the parties from
performing the acts necessary to complete the Transaction,
including Wolverine being unsatisfied with the results of its due
diligence investigation; (2) current economic conditions and the
state of mineral exploration and mineral prices in general; and (3)
other factors beyond the parties' control. These forward-looking
statements are made as of the date of this news release and Tolima
assumes no obligation to update these forward-looking statements,
or to update the reasons why actual results differed from those
projected in the forward-looking statements, except in accordance
with applicable securities laws. Additional information about
Tolima and these and other assumptions, risks and uncertainties,
are available in its public filings with Canadian securities
regulators, available under its profile on SEDAR at
www.sedar.com.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Tolima Gold Inc.Andrew DeFrancesco(416) 362-4441Tolima Gold
Inc.Lisa-Marie Iannitelli(416) 362-4441
Amilot Capital (TSXV:TOM)
Historical Stock Chart
From Jun 2024 to Jul 2024
Amilot Capital (TSXV:TOM)
Historical Stock Chart
From Jul 2023 to Jul 2024
Real-Time news about Amilot Capital Inc (TSX Venture Exchange): 0 recent articles
More Tolima Gold News Articles