NSR Announces Dissolution of Rand Malartic Mines Limited
NSR Announces Dissolution of Rand Malartic Mines Limited
TORONTO, ONTARIO (January 17, 2019) – NSR Resources Inc. (“NSR” or the
“Company”) is pleased to provide the following update on a recent corporate event.
Dissolution of Rand Malartic Mines Limited
At a special meeting of the shareholde rs of Rand Malartic Mines Limited (“ Rand”) held on
December 21, 2018, a resolution approving the dissolution of Rand was approved. The
dissolution became effective on December 31, 2018. Rand was a private company incorporated
on March 25, 1937 pursuant to the Quebec Mining Companies Act, which was involved in the
evaluation, acquisition and exploration of gold properties in Canada. NSR owned 94.6% of the
issued and outstanding common shares of Rand prior to its dissolution.
The only asset held by Rand prior to its dissolution was a 50% interest in 13 mining claims in
Fourniere Township, Quebec (the “ Rand Property ”). The other 50% interest in the Rand
Property was held by NSR.
On behalf of the board of directors of NSR Resources Inc.
For further information, please contact Carmelo Marrelli, Director, +1 416-361-0737
Forward‐Looking Information: This press release may include forward‐looking information
within the meaning of Canadian securities legislation, concerning the business of the
Company. Forward‐looking information is based on certain key expectations and
assumptions made by the management of the Company. Although the Company believes
that the expectations and assumptions on which such forward‐looking information is
based on are reasonable, undue reliance should not be placed on the forward‐looking
information because the Company can give no assurance that they will prove to be correct.
Forward‐looking statements contained in this press release are made as of the date of this
press release. The Company disclaims any intent or obligation to update publicly any
forward‐looking information, whether as a result of new information, future events or
results or otherwise, other than as required by applicable securities laws.