Plate Resources Inc. Announces Amendment to Lucky Mike Option Agreement
600 – 666 Burrard Street Vancouver, B.C. V6P 3P6 Phone: 604-642-6175
News Release
Plate Resources Inc. Announces Amendment to Lucky Mike Option Agreement
November 25, 2013 – Vancouver, British Columbia. Plate Resources Inc. (the “Company”) announces that it has negotiated an extension with respect to certain dates obligations are to be met by the Company pursuant to the property option agreement with Rich River Exploration Ltd. (the “Optionor”) relating to the Lucky Mike Property. In consideration for the extension, the Company has agreed to issue to the Optionor 50,000 shares of the Company: 25,000 shares within 5 days of receipt of regulatory approval for the amendment and the balance on or before March 20, 2014.
The Company is a junior mining resource exploration company focused on acquiring mineral properties and exploring for economically viable mineral resources. The Company’s mineral property is located in the Nicola Mining District of south Central British Columbia. For more information, please refer to the Company’s prospectus dated March 21, 2013 available on SEDAR (www.sedar.com).
ON BEHALF OF THE BOARD OF DIRECTORS
“Charalambo (Harry) Katevatis”
Charalambo (Harry) Katevatis
President & Chief Executive Officer
Disclaimer and Cautionary Statement Regarding Forward-Looking Information
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
All statements, analysis and other information contained in this press release about anticipated future events or results constitute forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions. Forward-looking statements are subject to business and economic risks and uncertainties and other factors that could cause actual results of operations to differ materially from those contained in the forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the date the statements are made. The Company does not undertake any obligation to update forward-looking statements even if circumstances or management’s estimates or opinions should change except as required by applicable laws. Investors should not place undue reliance on forward-looking statements.
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