Colossus Resources Announces Termination of the Option Agreement to Acquire Two Exploration Projects in Chile
Colossus Resources Announces Termination
of the Option Agreement to Acquire Two
Exploration Projects in Chile
Vancouver, British Columbia--(Newsfile Corp. - September 9, 2025) -
Colossus Resources
Corp.
(TSXV: CLUS) ("
Colossus
" or the "
Company
") announces that the Option Agreement
announced on November 16, 2023 to acquire the Calvario and Mirador Copper Porphyry projects
(together the "
Projects
") in Chile, has been terminated.
The Company further announces that the non-brokered private placement announced
on April 3, 2025,
will not be proceeding. Additionally, the non-brokered private placement that was announced on
November 16, 2023 and which had its first tranche close on April 17, 2024, is also closed with no further
tranches pending.
About Colossus Resources Corp.
Colossus Resources is a relatively young junior mineral exploration company focused on maximizing
shareholder value through the acquisition, discovery and advancement of high-quality copper - gold
projects.
ON BEHALF OF THE BOARD OF DIRECTORS
"Harry Katevatis"
CEO & Director
Colossus Resources Corp.
For more information contact Ioannis (Yannis) Tsitos, Technical Director of Colossus Resources Corp. at
Neither 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.
Forward Looking Statements
Certain of the statements made and information contained herein may contain forward- looking
information within the meaning of applicable Canadian securities laws. Forward-looking information
includes, but is not limited to, information concerning the Company's intentions with respect to the
development of its mineral properties. Forward-looking information is based on the views, opinions,
intentions and estimates of management at the date the information is made, and is based on a number
of assumptions and subject to a variety of risks and uncertainties and other factors that could cause
actual events or results to differ materially from those anticipated or projected in the forward-looking
information (including the actions of other parties who have agreed to do certain things and the approval
of certain regulatory bodies). Many of these assumptions are based on factors and events that are not
within the control of the Company and there is no assurance they will prove to be correct. There can be
no assurance that forward-looking information will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such information. The Company undertakes no
obligation to update forward-looking information if circumstances or management's estimates or
opinions should change except as required by applicable securities laws, or to comment on analyses,
expectations or statements made by third parties in respect of the Company, its financial or operating
results or its securities. The reader is cautioned not to place undue reliance on forward-looking
information.
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