Kal Minerals Terminates Letter of Intent with Vanadium North
KAL MINERALS CORP.
Suite 907, 1030 West Georgia Street
Vancouver, BC V6E 2Y3
NEWS RELEASE
KAL MINERALS TERMINATES LETTER OF INTENT WITH VANADIUM NORTH
Vancouver, BC, February 13, 2019 – Kal Minerals (“Kal” or “the Company”) announces that it has terminated, effectively immediately, its letter of intent with Vanadium North Resources Corp., dated November 29, 2018. The Company continues to progress the Jack White Property and review opportunities in the mineral exploration business.
About Kal Minerals Corp.
Kal Minerals Corp. is a Canadian junior mineral exploration company with a focus on properties in the New Westminster Mining Division of British Columbia, Canada. The Company’s sole property, the Jack White Property, is comprised of four mineral tenures covering approximately 2,202 hectares approximately 13km northeast of Boston Bar, British Columbia.
ON BEHALF OF THE BOARD OF DIRECTORS
“Raymond Wladichuk”
Raymond Wladichuk
Chief Executive and Director
For further information, please contact Martin Bajic at 604-551-6770.
Forward-Looking Information
This news release contains forward-looking statements and information that are based on the beliefs of management and reflect the Company’s current expectations. When used in this news release, the words “estimate”, “project”, “belief”, “anticipate”, “intend”, “expect”, “plan”, “predict”, “may” or “should” and the negative of these words, or such variations thereon or comparable terminology, are intended to identify forward-looking statements and information. The forward-looking statements and information in this news release include but are not limited to any statements concerning the expected results of the Acquisition; completion of the transactions contemplated by the LOI and the anticipated timing thereof; completion of the Financing and the anticipated timing thereof and the expected use of proceeds from the Financing.
By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.
The forward-looking information contained in this news release represents the expectations of the Company as of the date of this news release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While the Company may elect to, it does not undertake to update this information at any particular time except as required in accordance with applicable laws.
The Canadian Securities Exchange has not approved nor disapproved the contents of this news release.