TSX Venture Exchange: JZR
VANCOUVER,
Oct. 17, 2012 /CNW/ - Jazz
Resources Inc. (TSXV: JZR) announces that it will be seeking
regulatory approval for an extension to the term of 252,500
warrants relating to a private placement of units completed by the
Company in December 2009.
The warrants are exercisable at a price of $0.50 per share and are set to expire on
December 4, 2012. The
Company is seeking approval to extend the term of the warrants to
December 3, 2014. Other
than the extension, the terms of the warrants will remain
unchanged.
On behalf of the Board of Directors,
"Bryan Glen"
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.
This press release may contain
forward-looking statements. All statements, other than
statements of historical fact, constitute "forward-looking
statements" and include any information that addresses activities,
events or developments that the Company believes, expects or
anticipates will or may occur in the future including the Company's
strategy, plans or future financial or operating performance and
other statements that express management's expectations or
estimates of future performance.
All such forward-looking information and
statements are based on certain assumptions and analyses made by
the Company's management in light of their experience and
perception of historical trends, current conditions and expected
future developments, as well as other factors management believes
are appropriate in the circumstances. These statements,
however, are subject to known and unknown risks, uncertainties and
other factors that may cause the actual results, level of activity,
performance or achievements of the Company to be materially
different from those expressed, implied by or projected in the
forward-looking information or statements. Important factors
that could cause actual results to differ from these
forward-looking statements include but are not limited to: risks
related to the exploration and potential development of the
Company's projects, the actual results of current exploration
activities, conclusions of economic evaluations, changes in project
parameters as plans continue to be refined, future prices of gold,
as well as those factors discussed in the sections relating to risk
factors of the Company set out in certain of the Company's
disclosure documents filed on SEDAR.
There can be no assurance that any
forward-looking statements will prove to be accurate, as actual
results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not
place any undue reliance on forward-looking information or
statements. Except as required by law, the Company does not
intend to revise or update these forward-looking statements after
the date of this document or to revise them to reflect the
occurrence of future unanticipated events.
SOURCE Jazz Resources Inc.