88 Capital Corp. Terminates Columbia Queen Option Agreement
SUITE 800 – 1199 WEST HASTINGS STREET VANCOUVER BRITISH COLUMBIA V6E 3T5
NEWS RELEASE
88 CAPITAL CORP. TERMINATES COLUMBIA QUEEN OPTION AGREEMENT
Vancouver, B.C. July 6, 2016 - 88 Capital Corp. (TSX.V: EEC) (the "Company") reports that it has let its Columbia Queen mineral property Option Agreement lapse. The board of directors has decided that it is in the best interest of the Company and the shareholders to focus its resources and efforts on mining opportunities other than the Columbia Queen. The Company failed to complete its exploration commitment on the Columbia Queen mineral property on or before June 2, 2016 as set out in the Option Agreement dated December 3, 2014. As a result the subject Agreement on the Columbia mineral property, was terminated as of July 2nd, 2016 by the property owners.
We seek Safe Harbor.
ON BEHALF OF THE BOARD OF DIRECTORS OF 88 CAPITAL CORP.
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This News Release may contain forward-looking statements including, but not limited to, comments regarding the timing and content of upcoming work programs, geological interpretations, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statement.