Gold Ridge Exploration Corporation - Corporate Update
09.04.2013 | Marketwire
CALGARY, April 9, 2013 - Mr. David Heighington, a Director of Gold Ridge Exploration Corp. (the "Corporation" or "Gold Ridge") (TSX VENTURE:GEA), announces it has executed an Amending Agreement (the "Agreement") to the original Asset Purchase Agreement dated February 11, 2013, the terms and conditions of which were previously disclosed in a press release dated February 20, 2013. Pursuant to the terms of the Agreement, the purchase price for the Chigwell assets was reduced to $200,000 from $300,000 and will be satisfied by the issuance of 4,000,000 common shares of Gold Ridge at an issue price of $0.05 per common share rather than 3,000,000 common shares as originally disclosed. The offering price of the previously announced private placement for gross proceeds of $400,000 has also been reduced to $0.05 per common share.READER ADVISORY
Neither the 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.
The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.
THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL ANY OF THE SECURITIES DESCRIBED HEREIN IN THE UNITED STATES. THESE SECURITIES HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.
Contact
Gold Ridge Exploration Corp.
Mr. David Heighington, Director
(403) 237-0018
GOLD RIDGE EXPLORATION CORP.
Suite 730, 1015 - 4th Street SW
Calgary, Alberta T2R 1J4