Citation Resources Inc.

Citation and Inlet are pleased to announce that, further to their press releases of April 22, 2014 in respect of their planned business combination, the companies have entered into a definitive arrangement agreement dated as of May 27. The transaction will effectively combine the assets of both companies on a consolidated basis, with Citation becoming a wholly-owned subsidiary of Inlet. Pursuant to the terms of the [...]

Citation is pleased to announce that it has entered into a binding letter agreement pursuant to which Inlet Resources Ltd. has agreed to acquire all of the issued and outstanding shares of Citation from the shareholders of Citation in exchange for common shares of Inlet. "I am delighted to announce a transaction which brings both financing and management to Citation. Inlet's proven management and technical capability [...]

Citation Resources is pleased to announce that it has received formal written approval from The Ministry of Environment and Natural Resources that its permit applications for its planned drill program at its Biricu Project have been approved and permits have now been issued. The permits, along with the previously announced permissions from the local community, allow Citation to immediately commence drilling at its [...]

Citation Resources is pleased to announce that it has entered into a formal access agreement with the community of Mezcala at its Biricu Project granting the Company permission and access to conduct drilling activities. The Mezcala region covered by the agreement encompasses substantially all of the priority drill targets previously identified by the Company in the four target areas at the Bircu Project (see prior [...]

Citation Resources is pleased to announce the raising of $420,000 through the exercise of warrants prior to the expiration of all warrants on March 25, 2013. Citation has already satisfied its Biricu Project exploration expenditure requirements for calendar 2013 ($500,000) under its Option Agreement with Esperanza Resources Corp. Citation has initiated the process for obtaining the environmental permits and required [...]

Citation Resources is pleased to announce that four priority drill target areas have been defined and a 7,000 meter drill program has been designed for the Biricu Gold Project located in Mexico's prolific Guerrero Gold Belt. The four target areas identified have been outlined based on an integration of geologic, geochemical and geophysical data collected during field exploration programs conducted during 2012. The [...]

Citation is pleased to announce that four priority drill target areas have been defined and a 7,000 meter drill program has been designed for the Biricu Gold Project located in Mexico's prolific Guerrero Gold Belt. The four target areas identified have been outlined based on an integration of geologic, geochemical and geophysical data collected during field exploration programs conducted during 2012. Further to the [...]

Citation Resources announces that the Company's board of directors has approved the granting of 450,000 incentive stock options to directors and officers of the Company in accordance with its stock option plan. The options are exercisable at $0.105 per share and have an expiry date of December 7, 2017.

Citation is pleased to announce preliminary results of its airborne versatile time-domain electromagnetic survey completed in October 2012 over a substantial portion of the Biricu Gold Project located within Mexico's Guerrero gold belt. The VTEM survey was conducted by Geotech Ltd. and covered approximately 1,400 line kilometres at 150 metre spacing over three specific high-priority areas of the concession within a [...]

Citation is pleased to announce that further to its May 23, 2012 news release updating exploration activity in Mexico's Guerrero State, Geotech has now commenced flying an airborne versatile time-domain electromagnetic survey over the Biricu Gold Project. In addition, the Company has reached agreement with the Mezcala ejido granting the Company access to high-priority areas to conduct early-stage exploration [...]