The Copper North shares are being acquired pursuant to the 'private agreement exemption' of applicable securities laws. Granite Creek is entitled to rely on the exemption because the shares will be acquired from not more than five vendors and the value of the consideration payable for the Copper North shares is not greater than 115% of the market price of the shares (determined in accordance with applicable securities laws).
About
Granite Creek is a Canadian exploration company focused on the 100%-owned Stu Copper-Gold project located in the
Contact:
Tel: 1 (604) 235-1982
Email: info@gcxcopper.com
Web: www.gcxcopper.com
Forward-Looking Statements
This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this news release, including, without limitation, statements relating to completion of the acquisition, its timing and the potential synergies and benefits thereof, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's plans or expectations include the Company's ability to obtain regulatory approval and other risks detailed herein and from time to time in the filings made by the Company with securities regulators. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.
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