Blue Note Completes its Acquisition of X-Ore
Further to the Amalgamation, Blue Note has appointed Léon Méthot, X-Ore's President and Chief Executive Officer, as a director of Blue Note. X-Ore's common shares (the "Shares") are expected to be de-listed from the TSX Venture Exchange on or about
A letter of transmittal was sent to X-Ore's registered shareholders with X-Ore's information circular dated
About Blue Note Mining Inc.
Blue Note Mining is a mineral exploration and mining company headquartered in
About X-Ore Resources Inc.
X-Ore Resources is a mineral exploration company with 16 properties located in known gold regions of
Forward-Looking Statements
Forward-looking statements included or incorporated by reference in this document include statements with respect to the trading status of the Shares. Although Blue Note and X-Ore believe the expectations reflected in these forward-looking statements are based on reasonable assumptions, they can give no assurances that these expectations will be achieved. Factors that could cause actual results to differ materially from expectations include actions by government or regulatory authorities and uncertainties associated with contract negotiations, additional financing requirements. These factors and others are more fully discussed in the filings with Canadian securities regulatory authorities of Blue Note and X-Ore, including X-Ore's circular dated
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.
For further information: Glenn Massad, Vice President, Investor Relations, Blue Note Mining inc., 1-800-937-3095 x230, [email protected]; www.bluenotemining.ca; Léon Méthot, President & CEO, X-Ore Resources inc., (819) 824-5422, [email protected]; www.x-ore.com; Paul Goulet, Investor Relations, (514) 710-8290, [email protected]
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