| Western Troy Receives $117,000 in Quebec Tax Refunds, Provides Update | |
| | |
|
TORONTO, ONTARIO--(Marketwired - Jul 31, 2014) - Western Troy Capital Resources (TSX VENTURE:WRY) ("Western Troy" or the "Company") is pleased to announce it has received $117,101.10 in Quebec tax refunds. The tax refunds are for qualified exploration expenses incurred on mineral projects in Quebec for tax years 2012 and 2013. Western Troy reports the GENIVAR litigation is in the discovery stage and there is a Case Management Conference scheduled for mid-August. The Conference is for the purpose of scheduling and expediting the remaining steps necessary before setting the action down for trial, including examinations for discovery and mandatory mediation. Western Troy, through diligence and court orders, is moving the litigation forward. Western Troy's CEO, Rex E. Loesby, commented, "Our cash position remains strong and we continue to seek opportunities in the form of acquisitions or business combinations that will create value for our shareholders. We believe that our claim against GENIVAR has merit and will ultimately be successful." About Western Troy: Western Troy's shares trade on the TSX Venture Exchange under the symbol WRY. Western Troy has 33,589,970 shares outstanding. More information on Western Troy can be found on its Website at www.westerntroy.com. CAUTIONARY STATEMENT: Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This News Release includes certain "forward-looking statements." Other than statements of historical fact, all statements included in this release, including, without limitation, future plans and objectives of the Company, implementation of the Consolidation, and possible outcomes in respect of the GENIVAR litigation, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are the risks detailed herein and from time to time in the filings made by the Company with securities regulators.
|
|
|
Western Troy Capital Resources Inc.
|
|
EXPLORATEUR |
CODE : WRY.V |
ISIN : CA9599071060 |
|
| |
ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Western Troy Capital est une société d’exploration minière d'argent et d'or basée au Canada. Western Troy Capital détient divers projets d'exploration au Canada. Ses principaux projets en exploration sont MCLEOD LAKE et SCHEFFERVILLE GOLD au Canada. Western Troy Capital est cotée au Canada. Sa capitalisation boursière aujourd'hui est 6,4 millions CA$ (5,1 millions US$, 5,2 millions €). La valeur de son action a atteint son plus haut niveau récent le 27 avril 2007 à 2,15 CA$, et son plus bas niveau récent le 08 janvier 2019 à 0,01 CA$. Western Troy Capital possède 33 589 970 actions en circulation. |