Mukuba Announces the Resignation of Director Scott Jobin-Bevans
20 Aprile 2012 - 12:40AM
PR Newswire (Canada)
TORONTO, April 19, 2012 /CNW/ - Mukuba Resources Limited reports
that Scott Jobin-Bevans has resigned from the board of directors
effective immediately. John Hawkrigg, chairman of the board of
directors, stated "Scott was a valuable member of the Mukuba team.
We sincerely thank him for his efforts and dedication and wish him
the best in his future endeavours." The financing that was the
subject of the company's April 17, 2012 press release has closed
and convertible debentures (the "Debentures") and underlying
securities issued upon conversion of the Debentures will be subject
to a hold period that expires on August 18, 2012. As set out in the
April 17, 2012 press release, gross proceeds of $398,700 has been
received by the company. About the Company Mukuba is a Canadian
mining company focused on the exploration and development of
certain African base metal assets alone and through a joint venture
partner. These assets include a 100% interest in the Northcore
Project, which is licensed for both copper and cobalt and
encompasses approximately 2,274 square km of geologically
prospective ground in the Central African Copperbelt region of
Zambia. Mukuba is also a party to a joint venture with Benzu
Resources Limited to explore and develop a copper and base metals
project in the Democratic Republic of the Congo. In addition,
Mukuba holds an exclusive option to purchase an 85% interest in the
Nyimba Project, a pollymetallic exploration project, located near
the town of Nyimba, approximately 300 km east of Lusaka, Zambia.
Neither TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this
release. Forward-looking Information Securities regulators
encourage companies to disclose forward-looking information to help
investors understand a company's future prospects. This press
release contains statements about our future business and planned
activities, including the expiry of the hold periods to which the
Debentures are subject. These are "forward-looking" because we have
used what we know and expect today to make a statement about the
future. Forward-looking statements usually include words such as
may, intend, plan, expect, anticipate, believe or other similar
words. We believe the expectations reflected in these
forward-looking statements are reasonable. However, actual events
and results could be substantially different because of the risks
and uncertainties associated with our business or events that
happen after the date of this press release. You should not place
undue reliance on forward-looking statements. As a general policy,
we do not update forward-looking statements except as required by
securities laws and regulations. Mukuba Resources Limited CONTACT:
Kelly Ehler, interim President and Chief Executive OfficerTel: +1
(416) 368 4013; Fax: 416 603 9200;Email: info@mukubaresources.com
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