/NOT FOR DISTRIBUTION TO THE UNITED
STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/
TORONTO,
Oct. 29, 2013 /CNW/ - Parkside
Resources Corp. (TSX-V: PKS) (the "Company") is pleased
to announce that it intends to extend the exercise period of a
total of 8,697,500 outstanding share purchase warrants, all of
which are exercisable at $0.20 per
share (collectively, the "Warrants"). A portion of the Warrants
(800,000) were due to expire on October 29,
2013. The Warrants were issued pursuant to various
private placements completed between April
29, 2011 and June 26, 2012,
prior to the shares of the Company being listed for trading on the
TSX Venture Exchange. The new expiration date of the Warrants is
December 31, 2015, and the
$0.20 exercise price of the Warrants
will remain unchanged. The Warrant extension is subject to
the acceptance of the TSX Venture Exchange.
The Company also announced that the terms of the
private placement that was disclosed in the news release dated
October 24, 2013, have been revised
by increasing the number of non-flow-through units from 10,000,000
to 15,000,000 units.
About Parkside Resources Corporation
Parkside Resources Corporation is a Canadian
based mineral exploration company dedicated to building shareholder
value through focused exploration, discovery and development of
high quality precious and base metal projects. The Company
has entered into an Option and Joint Venture Agreement with Benton
Resources Inc. to explore the Forester Lake Gold Property, and has
earned a 60% interest in the Property, which is located
approximately 100km north of Pickle Lake,
Ontario and roughly 35km southeast of Goldcorp's
Musselwhite Gold Mine. Incorporated
in 2005, Parkside Resources Corporation is a reporting issuer in
the provinces of British Columbia
and Alberta, the common shares of
which are listed for trading on the TSX Venture Exchange under the
symbol TSX-V: PKS.
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.
Forward Looking and other Cautionary
Information
This release includes certain statements that
may be deemed "forward‐looking statements". All statements in this
release, other than statements of historical facts that address
exploration drilling, exploitation activities and other related
events or developments are forward‐looking statements. Although the
Company believes the expectations expressed in such forward‐looking
statements are based on reasonable assumptions, such statements are
not guarantees of future performance and actual results or
developments may differ materially from those in the forward
looking statements. Factors that could cause actual results to
differ materially from those in forward‐looking statements include
market prices, exploration and exploitation successes, continuity
of mineralization, uncertainties related to the ability to obtain
necessary permits, licenses and title and delays due to third party
opposition, changes in government policies regarding mining and
natural resource exploration and exploitation, continued
availability of capital and financing, and general economic, market
or business conditions. Investors are cautioned that any such
statements are not guarantees of future performance and actual
results or developments may differ materially from those projected
in the forward‐looking statements.
SOURCE Parkside Resources Corporation