| Brilliant Resources and Montana Exploration Announce Termination of Agreement | |
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CALGARY, ALBERTA--(Marketwired - Nov 25, 2014) - Brilliant Resources Inc. (TSX VENTURE:BLT) ("Brilliant") and Montana Exploration Corp. (TSX VENTURE:MTZ) ("Montana") announce that, further to each company's news release of October 7, 2014, they have agreed, in light of falling oil prices and associated falling share prices, that it is in the best interests of both companies not to proceed with the previously announced acquisition of Brilliant by Montana at this time. As a result, Brilliant and Montana have terminated their previously announced letter agreement. The parties reserve the right to revisit this transaction if in the future they determine it is then in the best interests of their shareholders. About Brilliant Resources Inc.: The common shares of Brilliant trade on the TSXV under the symbol BLT. Additional information about the Brilliant is available on SEDAR at www.sedar.com and at www.brilliantresources.com. About Montana Exploration Corp.: The common shares of Montana trade on the TSXV under the symbol MTZ. Additional information about Montana is available on SEDAR at www.sedar.com and at www.montanaexplorationcorp.com. Neither 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
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Brilliant Mining Corp.
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EXPLORATEUR |
CODE : BLT.V |
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Brilliant Mining est une société d’exploration minière de nickel basée au Canada. Brilliant Mining détient divers projets d'exploration au Canada. Son principal projet en exploration est MISCHIKAMAU au Canada. Brilliant Mining est cotée au Canada. Sa capitalisation boursière aujourd'hui est 38,1 millions CA$ (30,9 millions US$, 27,7 millions €). La valeur de son action a atteint son plus haut niveau récent le 16 janvier 2009 à 0,56 CA$, et son plus bas niveau récent le 19 avril 2013 à 0,03 CA$. Brilliant Mining possède 149 450 000 actions en circulation. |