Athabasca Nuclear Corp. (Formerly Yellowjacket Resources Ltd) Announces Correction to News Release
30.05.2013 | FSCwire
Cranbrook, British Columbia CANADA, May 30, 2013 /FSC/ - Athabasca Nuclear Corp. (ASC - TSX Venture), ("Yellowjacket") announces a correction to it's news release issued today, Thursday May 30, 2013. In the news release the price of the warrants related to the current financing were incorrectly priced. The actual price of the warrants is $0.20, not $0.18 as stated in the news release.About Athabasca Nuclear
The company is focused on exploration of its Saskatchewan uranium projects. Athabasca has a healthy treasury and is in a position to fund its 2013 work programs in the Athabasca Basin.
The Company also controls the Yellowjacket Gold Project, a gold exploration property located approx. 9 km east of Atlin, British Columbia and accessible by an all-season road. The Yellowjacket Gold Project holds a British Columbia Mines Act permit for an open-pit gold mine and onsite 400 tpd mill and concentrator, processing up to 75,000 tons per year. The permit contemplates a 7-9 year mine life from a series of open pits entirely within an area of disturbed placer workings.
Signed,
"Charles C. Downie" P.Geo.
President and CEO, Athabasca Nuclear Corp.
For further information, please contact Mike Labach at 1 866 HUNT ORE (486 8673), Email: mgl@eagleplains.com or visit or www.athabascanuclear.com
Cautionary Note Regarding Forward-Looking Statements
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. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.