TORONTO, Dec. 14, 2012 /CNW Telbec/ - Strait Minerals Inc. ("Strait" or
"the Company") (TSXV: SRD) has recently been notified of the results of
a review of its interim financial reports as at March 31, 2012, June
30, 2012, and September 30, 2012, (the "Q1, Q2 and Q3 FS",
respectively), by the Ontario Securities Commission's Corporate Finance
branch (the "OSC Finance branch").
The OSC Finance branch noted that the Company is required to include
comparative financial information for prior periods in respect of the
statement of changes in equity included in the Q1, Q2 and Q3 FS.
The Company has remedied this deficiency by amending the statement of
changes in equity in the Q1, Q2 and Q3 FS; comparative information in
respect of the full year 2011 has been replaced by comparative
information for the relevant interim period. Revised interim financial
reports for Q1, Q2 and Q3 have been filed on SEDAR.
Forward Looking Statement: Some of the statements contained herein may be forward-looking
statements which involve known and unknown risks and uncertainties.
Without limitation, statements regarding potential mineralization and
resources, exploration results, and future plans and objectives of the
Company are forward looking statements that involve various risks. The
following are important factors that could cause the Company's actual
results to differ materially from those expressed or implied by such
forward looking statements: changes in the world wide price of mineral
commodities, general market conditions, risks inherent in mineral
exploration, risks associated with development, construction and mining
operations, the uncertainty of future profitability and the uncertainty
of access to additional capital. There can be no assurance that
forward-looking statements will prove to be accurate as actual results
and future events may differ materially from those anticipated in such
statements. Strait undertakes no obligation to update such
forward-looking statements if circumstances or management's estimates
or opinions should change, except as required by law. The reader is
cautioned not to place undue reliance on such forward-looking
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.
SOURCE: Strait Minerals Inc.
For further information:
Graham L. Desson - CFO
Renmark Financial Communications Inc.
Robert Thaemlitz: firstname.lastname@example.org
Bettina Filippone: email@example.com
Tel.: (416) 644-2020 or (514) 939-3989