Currie Rose Resources Inc.: Status of the South African Isibaya Acquisition

Marketwired

ST. CATHARINES, ONTARIO--(Marketwire - Jan. 9, 2013) - Currie Rose Resources Inc. (TSX VENTURE:CUI)(CUIRF)(CDVN.F) -

The due diligence period has been extended until January 31, 2013. The closing of the deal has been extended until March 31, 2013.

The 43-101 is well underway by the MSA Group from Johannesburg and is expected to be completed in the next few weeks.

A presentation of the South African Acquisition has been put on the Company web site.

The stock is expected to start trading once the TSX-V Exchange is satisfied with all the relevant documentation has been filed with the exchange.

BY ORDER OF THE BOARD OF DIRECTORS OF CURRIE ROSE RESOURCES INC.

Harold Smith, Chief Executive Officer

The planning, execution and monitoring of quality control programs on the Company's projects are under the supervision of Michael Griffiths, BSc Dip Ed, FAusIMM, GAICD, Currie's President. Mr. Griffiths is the qualified persons as defined by National Instrument 43-101. Currie utilizes an industry standard QA/QC protocol with respect to sampling procedures. Blanks, and certified reference standards are inserted into the sample stream to monitor laboratory performance and duplicates of pulps and bulk rejects are also used to monitor laboratory performance. Mr Griffiths has reviewed and approved the contents of this news release.

"This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release, including, without limitation, statements relating to the potential mineralization and geological merits of the and properties and other future plans, objectives or expectations of the Company 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 risks relating to the actual results of current exploration activities, fluctuating gold prices, possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals 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."

Contact:
Currie Rose Resources Inc.
Harold Smith
Chief Executive Officer
(905) 688-9115
www.currierose.com

Rates

View Comments (0)