Greenock Resources Inc. (TSX VENTURE:GKR) ("Greenock") announces it will hold a
Special and Annual Meeting on December 11, 2013 to complete annual shareholder
approvals including any necessary restructuring steps to allow for future
financing and acquisitions.


As previously disclosed, Greenock has closed a $25,000 offering of a
non-brokered equity private placement at $0.005 per Common Share with an
attached full common share purchase warrant that is eligible to purchase a
Common Share at a price of $0.05 per share for a period of 36 months from the
date of closing. The offering is 5,000,000 shares and 5,000,000 share purchase
warrants. Included in the offering is a finder's fee of $1,600 and 400,000
finder's warrants that entitles the holder to acquire one common share at $0.05
for 36 months from the date of the closing.


Greenock is in advanced discussions to organize a settlement arrangement for the
US $250,000 Promissory Note held by its wholly owned subsidiary PTM Minerals
(Cayman) Ltd. ("PTM") to Precious Metal Investments Limited ("PMI") of NSW,
Australia.


Greenock is discussing cooperative strategies with Eurasian Natural Resources
Corporation (ENRC) to maximize the value of technical studies owned by PTM
Minerals (Cayman) Ltd. that have demonstrated the significant economic value of
the Kakanda copper cobalt project. The Kakanda area is located in the Democratic
Republic of Congo in the Katanga Province adjacent to the major operating copper
cobalt mine and plant known as the Tenke Project which is operated by Freeport
McMoran Copper and Gold Inc. and Lundin Mining Corporation. An NI 43-101 Report
completed by Greenock and filed on SEDAR on June 25, 2008 has developed detailed
technical and financial models for the Kakanda area development. Kakanda is a
significant resource with an Indicated Tailings Resource of 18,420,000 Tonnes at
1.2% Copper and 0.15% Cobalt; and Historic Hard Rock Resource of 18,600,000
Tonnes at 3.19% Copper and 0.19% Cobalt. Greenock has the view that any future
development by possible investors of either the Kakanda Tailings and / or the
Kakanda Hard Rock resources would benefit from the significant technical and
development work that has been completed by PTM since 1996.


Greenock is actively seeking new projects, investors and or mergers to take
advantage of a cyclical low in mineral property valuations. Any interested
parties with proposals are requested to contact Greenock management.


ABOUT GREENOCK

Greenock Resources Inc. is a Canadian based international mineral development
company that focuses on developing a portfolio of natural resource properties.
Shares outstanding: 38,139,470


Greenock holds a 100% interest in the Needles gold / silver property located in
the Arrowhead mining district of Nye County, Nevada. The property is
approximately 40 miles southeast of the Barrick - Kinross Round Mountain Gold
Mine. The Needles property has had historical underground mining for gold and
silver in the early 1920's.


This press release includes certain "Forward-Looking Statements" within the
meaning of applicable securities laws. Other than statements of historical fact,
all statements are "Forward-Looking Statements" that involve such various known
and unknown risks, uncertainties and other factors. There can be no assurance
that such statements will prove accurate. Results and future events could differ
materially from those anticipated in such statements. Readers of this press
release are cautioned not to place undue reliance on these "Forward-Looking
Statements". Michael Newbury, P.Eng., is the qualified person who has reviewed
this material on behalf of the Company. All dollar amounts are noted in Canadian
dollars unless otherwise stated in this release.


Neither the 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Greenock Resources Inc.
James S. Hershaw
CFO & Vice President, Corporate Development
(416) 603.7200
(416) 603.9200 (FAX)
jshershaw@greenockresources.com


Greenock Resources Inc.
80 Richmond Street West, Suite 1101
Toronto, Ontario, M5H2A4
www.greenockresources.com

Grafico Azioni Platinum Group Metals (TSX:PTM)
Storico
Da Mag 2024 a Giu 2024 Clicca qui per i Grafici di Platinum Group Metals
Grafico Azioni Platinum Group Metals (TSX:PTM)
Storico
Da Giu 2023 a Giu 2024 Clicca qui per i Grafici di Platinum Group Metals