Aston BAY Holdings’ Agreement with BHP Billiton to Terminate
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FOR IMMEDIATE RELEASE TSX-V: BAY
ASTON BAY HOLDINGS’ AGREEMENT WITH BHP BILLITON TO TERMINATE
Toronto, Canada – January 20, 2017 – Aston Bay Holdings Ltd. (TSX-V: BAY) (“Aston Bay” or the
“Company”) today announced that it has received notice from BHP Billiton Ltd. (“BHP Billiton”) that it
intends to formally terminate its Option Agreement for the Storm Copper Project (“Storm”). The signing
of the Option Agreement was announced by the Company on May 31, 2016.
“We remain confident in the technical merits of the Storm Copper and Seal Zinc Projects, as well as the
exploration potential for both copper and zinc on Somerset Island,” stated Thomas Ullrich, Chief
Executive Officer of Aston Bay. “The company is well capitalized with at least two years’ estimated funds
for general and administrative expenses. We look forward to advancing these projects and expect to
provide further guidance in the coming weeks.”
Qualified Person
As per National Instrument 43-101 Standards of Disclosure for Mineral Projects, Michael Dufresne, M.Sc,
P.Geol., a Director and a consultant to Aston Bay, is the Qualified Person for the Company and has
prepared, validated and approved the technical and scientific content of this news release. The
Company strictly adheres to CIM Best Practices Guidelines in conducting, documenting, and reporting its
exploration activities on the Strom Project.
On behalf of the Board of Directors,
Thomas Ullrich, Chief Executive Officer
Telephone: (416) 456-3516
For further information about Aston Bay Holdings Ltd. or this news release, please visit our website
at http://www.astonbayholdings.com.
About BHP Billiton Ltd.
Further information on BHP Billiton can be found at: bhpbilliton.com.
Neither the TSX Venture Exchange Inc. 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 contains certain statements that may be deemed “forward-looking statements”.
Forward-looking statements are statements that are not historical facts and are generally, but not
always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”,
“projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”,
“could” or “should” occur. Although the Company believes the expectations expressed in such forward-
looking statements are based on reasonable assumptions, such statements are not guarantees of future
performance and actual results may differ materially from those in forward-looking statements.
Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s
management on the date the statements are made. In the event that management’s beliefs, estimates
or opinions, or other factors, should change, the Company undertakes no obligation to update these
forward-looking statements, except as required by law.
We seek Safe Harbor.
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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
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