Zara Issues Common Shares for Preferred Dividend

January 26, 2015 4:40 PM EST | Source: Zara Resources Inc.

Toronto, Ontario--(Newsfile Corp. - January 26, 2015) - Zara Resources Inc. (CSE: ZRI) ("Zara") announces that the outstanding yield due and payable on its Preferred Shares Series A has been paid in full by the issuance of 91,000 common shares at $0.05 per share. There are now 43,326,660 common shares issued and outstanding.

About Zara Resources

Zara is a Toronto based mineral company exploring its Forge Lake gold project and its Pigeon River nickel-copper project in Ontario, Canada. For further information contact Danny Wettreich at (647) 931 9775 or dw@zararesourcesinc.com or see www.ZaraResourcesInc.com

Forward-Looking Information: This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business and trading in the common stock of Zara Resources Inc. The forward-looking information is based on certain key expectations and assumptions made by the company’s management. Although the company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the company can give no assurance that they will prove to be correct. These forward-looking statements are made as of the date of this press release and the company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

The CSE has not reviewed, approved or disapproved the content of this press release

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