In due course, the Company will issue a further comprehensive press release announcing the closing of the Transaction and the date on which the common shares of the Company will resume trading. Assuming all conditions for closing are satisfied, the Company expects to close the Transaction on or about
The Filing Statement includes audited carve-out financial statements respecting the Property for the years ended
A technical report titled 'National Instrument 43-101 Technical Report on the Southern Spectrum Property' having an effective date of
Castlebar previously entered into a sale, assignment, assumption and amending agreement dated
About Castlebar
Castlebar is a capital pool company in accordance with Exchange Policy 2.4 and its principal business is the identification and evaluation of assets or businesses with a view to completing a Qualifying Transaction.
Contact:
Tel: (778) 549-6714
Email: lucasbirdsall@gmail.com
This news release contains 'forward-looking information' that is based on the Company's current expectations, estimates, forecasts and projections. This forward-looking information includes, among other things, the Company's business, plans, outlook and business strategy. The words 'may', 'would', 'could', 'should', 'will', 'likely', 'expect,' 'anticipate,' 'intend', 'estimate', 'plan', 'forecast', 'project' and 'believe' or other similar words and phrases are intended to identify forward-looking information. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company's actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include, but are not limited to: changes in economic conditions or financial markets; increases in costs; litigation; legislative, environmental and other judicial, regulatory, political and competitive developments and technological or operational difficulties. This list is not exhaustive of the factors that may affect our forward-looking information. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking information. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable law.
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