(TheNewswire)
September 28, 2022 - TheNewswire– Toronto, ON - AFRNuVenture Resources Inc. (the "Company") ( TSXV:AFR ) is pleasedto announce the filing of its annual audited financial statements andMD&A for the fiscal year ended May 31, 2022. As noted in theMD&A, results from its summer drill program on the Utopia propertyhave been received today and disclosed with assays indicating nosignificant results. The Company is expecting to commence an augerdrilling program on the Mactaquac property imminently.
On behalf of the Board of Directors,
“John F. O’Donnell”
John F. O’Donnell, Chairman and CEO
For more information on the Company, investors shouldreview the Company's filings on SEDAR at www.sedar.com and our websiteat www.afrnuventure.com .
Douglas Hunter, P.Geo., is theQualified Person responsible for the technical information containedin this press release.
Neither TSX Venture Exchange nor itsRegulation Services Provider (as that term is defined in policies ofthe TSX Venture Exchange) accepts responsibility for the adequacy oraccuracy of this release .
This news release contains"forward-looking information" (within the meaning ofapplicable Canadian securities laws) and "forward-lookingstatements" (within the meaning of the U.S. Private SecuritiesLitigation Reform Act of 1995). Such statements or information areidentified with words such as "anticipate","believe", "expect", "plan","intend", "potential", "estimate","propose", "project", "outlook","foresee" or similar words suggesting future outcomes orstatements regarding an outlook.
Such statements include, amongothers, those concerning, the Company's exploration plans. Suchforward-looking information or statements are based on a number ofrisks, uncertainties and assumptions which may cause actual results orother expectations to differ materially from those anticipated andwhich may prove to be incorrect. Assumptions have been made regarding,among other things, management's expectations regarding its ability toinitiate and complete future exploration work as expected and acquireand finance other projects. Actual results could differ materially dueto a number of factors, including, without limitation, operationalrisks in the completion of the Company's future exploration work,technical, safety or regulatory issues, social and market conditions related tothe COVID-19 global pandemic; the worldwide economic and social impactof COVID-19; the duration and extent of COVID-19; changes in generaleconomic conditions; the imposition of government restrictions onbusiness related to COVID-19, any positive cases of COVID-19 at aproject site or in the area which may cause a reduction or suspensionin operations and activities which may ultimately affect and delay theexploration timeline, and the new potentially worldwide geopoliticaland economic uncertainties resulting from the current widely followed crisis in Ukraine.
Although the Company believes thatthe expectations reflected in the forward-looking information orstatements are reasonable, prospective investors in the Company'ssecurities should not place undue reliance on forward-lookingstatements because the Company can provide no assurance that suchexpectations will prove to be correct. Forward-looking information andstatements contained in this news release are as of the date of thisnews release and the Company assumes no obligation to update or revisethis forward-looking information and statements except as required bylaw.
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