Tartisan Resources Corp. Announces the Extension of Warrants
30.07.2014 | Newsfile
Toronto, July 30, 2014 - Tartisan Resources Corp. (CSE: TTC) ("Tartisan", or the "Company") reports that pursuant to an exemption applied for by the Company and granted by the Canadian Securities Exchange ("CSE") that the Company has extended the term of 1,500,000 warrants that were issued as part of a non-brokered private placement unit offering which closed on July 30, 2013. The warrants were due to expire on July 30, 2014.The term of the warrants from said unit offering is extended for a period of one year from the original expiry date until July 30, 2015; the exercise price of the warrants (15 cents per share) remains unchanged.
Tartisan and its option partner Eloro Resources Ltd. continue to prepare for the commencement of exploration at La Victoria Property in Ancash, Perú. La Victoria is located within 50 km of several producing mines including: La Arena owned by Rio Alto Mining Ltd., Lagunas Norte (Alto Chicama) owned by Barrick Gold Corporation and Santa Rosa owned by Compañia Minera Aurífera Santa Rosa (COMARSA). Rio Alto has also recently struck a merger deal with Sulliden Gold Corp. Ltd. which should accelerate putting Sulliden's Shahuindo gold deposit, also in the vicinity, into production.
Previous work has concluded that La Victoria possesses excellent potential for finding high-grade oxide and sulphide epithermal Au-Ag vein systems and low-grade, large-tonnage, disseminated Cu-Au-Ag (porphyry-type) mineralization.
Tartisan Resources Corp. common shares are listed on the Canadian Securities Exchange (CSE). Currently, there are 35,358,882 shares outstanding (40,421,739 fully diluted).
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.
The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.
Not for distribution to U.S. news wire services or dissemination in the U.S.
Contact
Tartisan Resources Corp.
Mr. D. Mark Appleby, CEO and a Director of the Company
416-804-0280
mark@tartisanresources.com
Mr. John M. Siriunas, P.Eng., Director
416-710-9392
john@tartisanresources.com
Mr. Phillip Shum, Investor Relations (Ubika Corp.)
647-352-0687
phillip@ubikacorp.com
Additional information about Tartisan can be found at the Company's website at www.tartisanresources.com or on SEDAR at www.sedar.com.