Vulcan Minerals Inc. - Update
06 February 2014 - 6:48AM
Marketwired
Vulcan Minerals Inc. - Update
ST. JOHN'S, NEWFOUNDLAND AND LABRADOR--(Marketwired - Feb 5,
2014) - Vulcan Minerals Inc. ("the Company" - "Vulcan")
(TSX-VENTURE:VUL) in response to recent unusually high trading
volume, reports that there is no material change to the Company's
affairs.
The Company is currently completing compilation and evaluation
reports on its TL Nickel-Copper-PGM property in Labrador and its
uranium property in the Athabasca area of northern Alberta. It
continues to review possible project acquisitions. Its subsidiary
Red Moon Potash Inc. (TSX-V: RMK) is completing planning and
permitting work for a 2014 drilling campaign in Western
Newfoundland for potash and salt, contingent on financing.
The Company currently has approximately $3.6 million in cash
assets (on a condensed basis) and no debt with 58,526,129 shares
outstanding.
Vulcan is a diversified junior exploration company with mineral
exploration and petroleum interests in Canada.
The TSX Venture Exchange has not reviewed and does not
accept responsibility for the adequacy or accuracy of this release.
This release may contain certain forward-looking statements. Actual
events or results may differ from the Company's expectations.
Certain risk factors beyond the Company's control may affect the
actual results achieved. Accordingly, readers are advised not to
place undue reliance on forward-looking information. Except by law,
the Company undertakes no obligation to publicly update or revise
forward-looking information.
Vulcan Minerals Inc.Patrick J. Laracy, PresidentGerri A.
MacNeil, Business Manager, Investor
Relations709-754-3186info@vulcanminerals.cawww.vulcanminerals.ca
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