Sheltered Oak Resources Corp. - Proposed Private Placement
18 Août 2010 - 5:55PM
PR Newswire (Canada)
OAKVILLE, ON, Aug. 18 /CNW/ -- Trading Symbol: TSXV - OAK OAKVILLE,
ON, Aug. 18 /CNW/ - Further to the price reservation filed with the
TSX Venture Exchange on May 12, 2010, the TSX Venture Exchange has
granted an extension to Sheltered Oak Resources Corp. to complete
the second tranche of the previously announced private placement at
the reserved price on or before September 16, 2010. ABOUT SHELTERED
OAK RESOURCES CORP. Sheltered Oak Resources Corp. is a British
Columbia corporation with its head office located in Oakville,
Ontario. OAK is focused on mineral exploration opportunities within
Canada and owns a 100% interest in 42 mining claims including one
mining lease totaling 4,672 hectares which comprise the Kerrs Gold
Property, located in the prolific area of the Abitibi Greenstone
Belt in northeastern Ontario. The Kerrs Gold Property is highly
prospective in a region with a long and active mining history.
Neither the 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. This news
release contains certain information that constitutes
forward-looking statements such as the completion of the Private
Placement. Forward-looking statements are frequently characterized
by words such as "plan," "expect," "project," "intend," "believe,"
"anticipate" and other similar words, or statements that certain
events or conditions "may" or "will" occur. Forward-looking
statements are based on the opinions and estimates of management at
the date the statements are made, and are subject to a variety of
risks and uncertainties and other factors that could cause actual
events or results to differ materially from those projected in the
forward-looking statements. The Company disclaims any obligation to
update or revise any forward-looking statements if circumstances or
management's estimates or opinions should change. The reader is
cautioned not to place undue reliance on forward-looking
statements. Sheltered Oak Resources Corp., Art Hampson, Chief
Financial Officer, Phone: 647-225-3102, Fax: 905-847-9575, Email:
ahampson@shelteredoak.com
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