Trading Symbols: |
GTP - (TSX-V)
P01 - (FRANKFURT)
COLTF - (OTCQX) |
MONTREAL,
Sept. 13, 2013 /CNW Telbec/ - Colt
Resources Inc. ("Colt" or the "Company") (TSXV: GTP) (FRA: P01)
(OTCQX: COLTF) is pleased to announce the completion of its 2013
Annual General and Special Meeting ("AGM"). Shareholders re-elected
Messrs. James Ladner, J. Wayne Murton, Nikolas
Perrault, Declan Costelloe,
newly elected Mr. Paul Yeou, and
confirmed the appointment of Mr. Richard
Quesnel as directors of Colt. In addition, Mr. Quesnel was
re-appointed as Executive Chairman of the Board.
By-Law 2013-1, which was announced in the
May 23rd, 2013 Press
Release, was approved at today's AGM. The purpose of this By-Law is
to provide shareholders, directors and management of the Company
with a clear framework for nominating directors. See the News
Release on May 23rd,
2013.
"We would like to sincerely thank Mr.
Aurelio Useche and Mr. David A. Johnson for their services on the board
over the past several years. Through their tireless efforts,
strategic thinking and innovative ideas, Colt Resources has grown
to where it is today." Richard
Quesnel, Executive Chairman of the Board.
About Colt Resources Inc.
Colt Resources Inc. (www.coltresources.com) is a Canadian mining
exploration and development company engaged in acquiring,
exploring, and developing mineral properties with an emphasis on
gold and tungsten. It is currently focused on advanced stage
exploration projects in Portugal,
where it is one of the largest lease holders of mineral
concessions.
The Company's shares trade on the TSX‐V, symbol:
GTP; the Frankfurt Stock Exchange,
symbol: P01; and, the OTCQX, symbol: COLTF.
FORWARD-LOOKING STATEMENTS: Certain of the
information contained in this news release may contain
"forward-looking information". Forward-looking information and
statements may include, among others, statements regarding the
future plans, costs, objectives or performance of Colt Resources
Inc. (the "Company"), or the assumptions underlying any of the
foregoing. In this news release, words such as "may", "would",
"could", "will", "likely", "believe", "expect", "anticipate",
"intend", "plan", "estimate" and similar words and the negative
form thereof are used to identify forward-looking statements.
Forward-looking statements should not be read as guarantees of
future performance or results, and will not necessarily be accurate
indications of whether, or the times at or by which, such future
performance will be achieved. Forward-looking statements and
information are based on information available at the time and/or
management's good-faith belief with respect to future events and
are subject to known or unknown risks, uncertainties, assumptions
and other unpredictable factors, many of which are beyond the
Company's control. These risks, uncertainties and assumptions
include, but are not limited to, those described under "Risk
Factors" in the Company's annual information form available on
SEDAR at www.sedar.com and could cause actual events or results to
differ materially from those projected in any forward-looking
statements. The Company does not intend, nor does the Company
undertake any obligation, to update or revise any forward-looking
information or statements contained in this news release to reflect
subsequent information, events or circumstances or otherwise,
except if required by applicable laws.
PEA: ADDITIONAL CAUTIONARY NOTE
This note regarding the preliminary economic assessment (PEA) is
in addition to cautionary language already included within the news
release as required under NI 43-101. The PEA is preliminary in
nature and includes Inferred mineral resources that are considered
too speculative geologically to have the economic considerations
applied to them that would enable them to be categorized as mineral
reserves, and there is no certainty that the PEA based on these
mineral resources will be realized. Mineral resources that are not
mineral reserves do not have demonstrated economic
viability.
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.
SOURCE Colt Resources Inc.