CALGARY, May 4, 2015 /CNW/ - Montana Exploration Corp.
("Montana" or the
"Company") (TSXV:MTZ) announces that the Company's VP
Finance and CFO, Kevin Donegan, has
resigned to pursue another opportunity. Management and the
Board would like to thank Mr. Donegan for his commitment to
Montana and in particular his
participation in developing a plan for re-financing the Company
that Montana intends to implement
in the near future. In the interim, the Company has retained
the services of an accounting and financial services firm to assist
in financial reporting and other financial services as needed by
the Company.
Forward Looking Statements
This press release contains statements that constitute
"forward-looking information" or "forward-looking" statements"
(collectively "forward-looking information") within the meaning of
applicable securities legislation. Forward-looking information is
often, but not always, identified by the use of words such as
"anticipate", believe", "expect", "plan", "intend", "forecast",
"target", "project", "guidance", "may", "will", "should" "could",
"estimate", "predict" or similar words suggesting future outcomes
or language suggesting an outlook.
Various assumptions were used in drawing the conclusions or
making the forecasts and projections contained in the
forward-looking information contained in this press release. In
respect of the forward-looking statements and information
concerning the anticipated completion of the Arrangement,
Montana has provided such in
reliance on certain assumptions that they believe are reasonable at
this time, including the necessary regulatory, stock exchange and
other third party approvals; and the ability of the parties to
satisfy, in a timely manner, the other conditions to the closing of
the Arrangement.
Forward-looking information is based on current expectations,
estimates and projections that involve a number of risks, which
could cause actual results to vary and in some instances to differ
materially from those anticipated by Montana and described in the forward-looking
information contained in this press release. Undue reliance should
not be placed on forward-looking information. The material risk
factors include, but are not limited to: failure of Montana to obtain necessary regulatory, stock
exchange and other third party approvals; the possibility that
government policies or laws may change or governmental approvals
may be delayed or withheld; and Montana's ability to implement its business
strategy. Readers are cautioned that the foregoing list of risk
factors is not exhaustive.
The forward-looking statements and information contained in this
press release are also affected by the risk factors,
forward-looking statements and assumptions and uncertainties
described in Montana's reports on
file with applicable securities regulatory authorities and which
may be accessed on Montana's each
party's SEDAR profile at www.sedar.com. Readers are cautioned
that the foregoing list of factors that may affect future results
is not exhaustive. When relying on our forward-looking
statements to make decisions with respect to Montana, investors and others should carefully
consider the foregoing factors and other uncertainties and
potential events. Furthermore, the forward-looking statements
contained in this press release are made as of the date of this
press release and Montana does not
undertake any obligation to update publicly or to revise any of the
included forward-looking statements, whether as a result of new
information, future events or otherwise, except as required by
applicable law. The forward-looking statements contained in
this press release are expressly qualified by this cautionary
statement.
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.
SOURCE Montana Exploration Corp.