Takara Resources Inc.

Published : April 15th, 2013

REPORTS COMPLETION OF SALE OF GUYANA ASSETS

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Keywords :   Growth | Market | Market Conditions | Silver |

TAKARA REPORTS COMPLETION OF SALE OF GUYANA ASSETS

 

Toronto, Ontario ? April 15, 2013 ? Takara Resources Inc. (?Takara? or the ?Company?) announces that the closing of the sale of the Company?s wholly-owned subsidiary, StrataGold Guyana Inc., to Alicanto Minerals Limited, an Australian company listed on the Australian Stock Exchange, has been completed.

Alicanto has paid an aggregate $600,000 cash, including the payment of ongoing operating expenses of StrataGold, since December, 2012.

The Company is currently considering various opportunities and options that may be suitable in these current market conditions.

FOR FURTHER INFORMATION PLEASE CONTACT:

 

Jennifer Boyle, B.A., LL.B.

President & Chief Executive Officer

Takara Resources Inc.

(647) 430.0966 (office)

(416) 904.2714 (cell)

 

Statement Regarding Forward Looking Information 

Certain information contained in this news release, including any information relating to the proposed transaction and Takara?s future financial or operating performance may be deemed ?forward-looking?. These statements relate to future events or future performance and reflect Takara?s expectations regarding the transaction, and the future growth, results of exploration, business prospects and opportunities of Takara. These forward-looking statements are subject to a variety of risks and uncertainties that are identified and disclosed. Although Takara believes that the forward-looking information contained in this news release are based on reasonable assumptions, readers cannot be assured that actual results will be consistent with such statements. Accordingly, readers are cautioned against placing undue reliance on forward-looking information. Takara expressly disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, events or otherwise, except in accordance with applicable securities laws.

The TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

 

Takara Resources Inc.

EXPLORATION STAGE
CODE : TKK.V
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Takara Res. is a gold exploration company based in Canada.

Takara Res. holds various exploration projects in Guyana.

Its main exploration properties are TASSAWINI and BRL / ARAKAKA in Guyana.

Takara Res. is listed in Canada. Its market capitalisation is CA$ 1.3 millions as of today (US$ 953 181, € 901 423).

Its stock quote reached its highest recent level on December 24, 2010 at CA$ 4.30, and its lowest recent point on March 13, 2015 at CA$ 0.01.

Takara Res. has 28 570 000 shares outstanding.

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Financings of Takara Resources Inc.
3/12/2012ANNOUNCES PRIVATE PLACEMENT OFFERING
1/6/2011CLOSES FIRST TRANCHE OF PRIVATE PLACEMENT OFFERING
Nominations of Takara Resources Inc.
7/1/2011Annual Shareholder Meeting Results, Appointment of Officers
Project news of Takara Resources Inc.
10/18/2012ANNOUNCES WITHDRAW OF PROPOSED ACQUISITION OF KUTU GOLD INC.
9/13/2012PROJECT UPDATE
6/20/2011(Tassawini)CLOSES ARAKAKA GOLD PROJECT, GUYANA & PROVIDES UPDATE AT TAS...
6/8/2011Lawrence Roulston's Editorial on Takara Resources Inc.
4/26/2011(Tassawini)Commissions Airborne Magnetics and Radiometrics Survey on th...
3/14/2011(Tassawini)Commissions Environmental Baseline Study on the Tassawini Go...
Corporate news of Takara Resources Inc.
4/13/2015GOLD BULLION ANNOUNCES SIGNING OF DEFINITIVE AGREEMENT WITH ...
3/12/2015GOLD BULLION ENTERS INTO LOI WITH TAKARA RESOURCES INC. TO S...
3/11/2015Gold Bullion enters into LOI with Takara Resources Inc. to s...
4/15/2013REPORTS COMPLETION OF SALE OF GUYANA ASSETS
7/20/2012REPORTS ON THE RESULTS OF ITS ANNUAL AND SPECIAL MEETING OF ...
6/1/2012APPOINTS NEW MEMBERS TO BOARD OF DIRECTORS AND ACQUIRES GOLD...
5/3/2012TERMINATES BUSINESS COMBINATION TRANSACTION WITH AXIOM GOLD ...
2/29/2012WINS INJUNCTION AGAINST GREENSTONE GOLD INC. REGARDING TITLE...
2/27/2012EXPEDITES ARAKAKA SAMPLES TO LAB
5/19/2011EXERCISES RIGHT TO PURCHASE GUYANA GOLDFIELD'S 70.1%
5/19/2011GUYANA PRECIOUS METALS ANNOUNCES TAKARA RESOURCES PROVIDES ...
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