SUDBURY, ON, Oct. 26, 2012 /CNW/ - Canadian Arrow Mines Limited. (CRO: TSX-V) (the "Company") announces suspension of activity at its Kelex project due to higher than expected development costs and weak metal prices. The Company will review its plans once metal prices improve.
This press release may contain "forward-looking statements" within the meaning of the Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date of this press release and the Company does not intend, and does not assume, any obligation to update these forward-looking statements.
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: Canadian Arrow Mines Limited
For further information:
Visit the website at www.canadianarrowmines.ca, or contact Mr. Kim Tyler President and Director toll free, 1-877-673-5462.