RJK Issues Shares for Final Property Option Payment
Kirkland Lake, Ontario--(Newsfile Corp. - December 17, 2013) - RJK Explorations Ltd. (TSXV: RJX.A) (the "Company") reports that it, subject to TSXV approval, will issue a total of 700,000 Class A Subordinate Voting Shares at a deemed price of $0.05 to satisfy the company's $35,000 cash portion of the final property option payment on it's Blackwater NE Property, as all the work commitments have now been met.
With this final property option payment, RJK will now hold a 100% interest in a large, highly prospective land position in the emerging Blackwater Gold/Silver Camp, located in North Central BC.
The Company is currently evaluating the results of the latest drilling program in conjunction with previous drilling in order to determine the direction of the next phase of exploration.
For further information, visit our website at www.rjkexplorations.com.
This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company's anticipated use of proceeds from the Offering. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, failure to obtain TSX Venture Exchange approval of the Offering, general business and economic uncertainties, future mineral prices and adverse market conditions, as well as those risks set out in the Company's public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.
For further information please contact:
|Glenn Kasner, President||Vancouver Office:|
|Telephone: (705) 567-5351||James (604) 565-5967|
|Mobile: (705) firstname.lastname@example.org|
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