Auracle Resources Options Golden Ridge Property -Amended
VANCOUVER, Dec. 28, 2012 /CNW/ - Auracle Resources Ltd. (the "Company" or "Auracle"). With respect to the news release issued this date, the company wishes to amend the terms of the non-brokered private placement reflecting the non-flow through unit of $0.10 comprised of one common share and one share purchase warrant. The warrant is set at $0.20 exercisable for a period of 24 months from the close of the private placement. The Flow through shares are priced at $0.15. Proceeds will be used to advance the Golden Ridge property and for general working capital, including further assessment of Auracle's Mexican Hat property. All other terms remain unchanged.
On Behalf of the Board of Directors,
VP Corporate Development, Director
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION
This News Release includes forward-looking information and statements, which may include, but are not limited to, information and statements regarding or inferring the future business, operations, financial performance, prospects and other plans, intentions, expectations, estimates, and beliefs of the Company, information and statements which are not purely historical fact are forward-looking statements. Forward-looking information and statements involve and are subject to assumptions and known and unknown risks, uncertainties, and other factors which may cause actual events, results, performance, or achievements of the Company to be materially different from future events, results, performance, and achievements expressed or implied by forward-looking information and statements herein. Although the Company believes that any forward-looking information and statements herein are reasonable, in light of the use of assumptions and the significant risks and uncertainties inherent in such information and statements, there can be no assurance that any such forward-looking information and statements will prove to be accurate, and accordingly readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance upon such forward-looking information and statements. Any forward-looking information and statements herein are made as of the date hereof, and the Company assumes no obligation and disclaims any intention to update or revise any forward-looking information and statements herein, or to update the reasons that actual events or results could or do differ from those projected in any forward-looking information and statements herein, whether as a result of new information, future events or results, or otherwise.
This news release and the information contained herein does not constitute an offer of securities for sale in the United States and securities may not be offered or sold in the United States absent registration or exemption from registration.
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SOURCE: Auracle Resources Ltd.For further information:
Auracle Resources Ltd.