Mukuba Announces Closing of Share Compensation Payments
21 Septiembre 2012 - 8:59PM
PR Newswire (Canada)
TORONTO, Sept. 25, 2012 /CNW/ - Mukuba Resources Limited ("Mukuba"
or the "Company") is pleased to announce that it has issued 416,666
common shares to each of Mr. John Hawkrigg, Mr. Martin Horgan, Mr.
Danny Keating, Mr. Michael Smyth, all directors of Mukuba, and Mr.
Kelly Ehler, President and Chief Executive Officer of Mukuba, in
satisfaction of the previously announced compensation payments in
lieu of fees and services rendered to the Company (the "Share
Compensation Payments"). The Share Compensation Payments were
approved by shareholders of the Company on August 30, 2012 and
remain subject to final acceptance by the TSX Venture Exchange. The
securities issued as part of the Share Compensation Payments may
not be traded before January 25, 2013. About the Company Mukuba is
a Canadian mining company focused on the exploration and
development of certain African base metal assets alone and through
a joint venture partner. These assets include a 100% interest in
the Northcore Project, which is licensed for both copper and cobalt
and encompasses approximately 2,209 square km of geologically
prospective ground in the Central African Copperbelt region of
Zambia. Mukuba is also a party to a joint venture with Benzu
Resources Limited to explore and develop a copper and base metals
project in the Democratic Republic of the Congo. Neither TSX
Venture Exchange nor its Regulation Services Provider (as that term
is defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
Forward-looking Information Securities regulators encourage
companies to disclose forward-looking information to help investors
understand a company's future prospects. This press release
contains statements about our future business and planned
activities, including matters relating to the issuance of shares.
These are "forward-looking" because we have used what we know and
expect today to make a statement about the future. Forward-looking
statements usually include words such as may, intend, plan, expect,
anticipate, believe or other similar words. We believe the
expectations reflected in these forward-looking statements are
reasonable. However, actual events and results could be
substantially different because of the risks and uncertainties
associated with our business or events that happen after the date
of this press release. You should not place undue reliance on
forward-looking statements. As a general policy, we do not update
forward-looking statements except as required by securities laws
and regulations. Mukuba Resources Limited CONTACT: Kelly Ehler,
President and CEOTEL: +1 (416) 368 4013 FAX: +1 (416) 603
9200Email: info@mukubaresources.com
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