Glacier Lake Provids Update on Option in Mutoko Belt
Vancouver, British Columbia – October 17, 2023 – Glacier Lake Resources Inc. (TSXV: GLI)
| announces that it has elected not to proceed with the previously announced | |
| property option and joint venture agreement (the “Option Agreement”) with Milmath Mining | |
| Company (the “Vendor”) in respect of a series of mineral tenures located in the Mutoko Belt in | |
| Zimbabwe. |
The Company has not advanced any funds or issued any securities to the Vendor pursuant to the Option Agreement and has not assumed any ongoing obligations related to the mineral tenures.
For additional information please feel free to contact:
Gordon Friesen, Director
Glacier Lake Resources Inc.
Tel: 604-889-1241 Email: [email protected]
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Information
Information set forth in this document may include forward-looking statements. While these statements reflect management's current plans, projections and intents, by their nature, forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond the control of the Company. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on these forward-looking statements. There is no assurance the transactions noted above will be completed on the terms as contemplated, or at all. The Company’s actual results, programs, activities and financial position could differ materially from those expressed in or implied by these forward-looking statements.