VANCOUVER, Jan. 30, 2014 /CNW/ - Karoo Exploration Corp. (the "Company" or "Karoo") (TSX-V: KE.V) announces that further to its news release dated
September 30, 2013, pursuant to which the Company entered into a letter
of intent dated September 26, 2013 (the "LOI") to acquire the Chirundu Project, along with a portfolio of uranium
properties in Zambia, from African Energy Resources Ltd. (ASX: AFR),
all parties have agreed to extend the closing date of the transaction
for an additional 60 days, extending it until March 25, 2014.
Karoo also announces the resignation of Christal Pendleton as Corporate
Secretary of the Company effective January 31, 2014. Karoo wishes to
thank Ms. Pendleton for her contributions to the Company.
ON BEHALF OF KAROO EXPLORATION CORP.
Director and CEO
Neither 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.
Statements included in this announcement, including statements
concerning our plans, intentions and expectations, which are not
historical in nature are intended to be, and are hereby identified as,
"forward‐looking statements". Forward‐looking statements may be
identified by words including "anticipates", "believes", "intends",
"estimates", "expects" and similar expressions. The Company cautions
readers that forward‐looking statements, including without limitation
those relating to the Company's future operations and business
prospects, are subject to certain risks and uncertainties that could
cause actual results to differ materially from those indicated in the
SOURCE: Karoo Exploration Corp.
For further information:
More information is available on the Company's website, www.karooexploration.com, or by contacting Robert Dzisiak at 204.955.4803 or firstname.lastname@example.org