(TheNewswire)
Calgary, Alberta – TheNewswire - April 9, 2024 - Guardian ExplorationInc. (TSXV:GX) (OTC:GXUSF) (Frankfurt:R6B) (“ Guardian ”) announces that the non-bindingletter of intent with Site Exploration Mining Company (“ SEMC ”) and itsshareholders originally announced on December 5, 2023 has terminated. During the due diligence process, it was discovered that SEMC was indefault of its corporate filings and payment of annual fees, and theletter of intent was not extended.
About Guardian ExplorationInc.
Guardian is a TSXV listed company (TSXV: GX) (OTCQB:GXUSF) (Frankfurt: R6B) in the business of oil and gas as well asmineral exploration and development. Guardian’s first prospect isthe Mount Cameron Property located in the Yukon’s Mayo MiningDistrict. Guardian also holds mineral claims located on southernDall Island, Southeast Alaska, USA, known as the Kaigani claims, whichit acquired in February 2022.
FOR FURTHER INFORMATION, PLEASECONTACT:
Graydon Kowal
President and CEO
(403) 730-6333
Neither the TSXVenture Exchange nor its Regulation Services Provider (as that term isdefined in the policies of the TSX Venture Exchange) acceptsresponsibility for the adequacy or accuracy of this release.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKINGINFORMATION: This news release includes certain “forward-lookingstatements” under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to,statements with respect to the possible approval of the TSX VentureExchange for the transaction, the completion of financing, theapproval or rejection of licenses and prospects and the payment ofContingent Consideration. Forward-looking statements are necessarilybased upon a number of estimates and assumptions that, whileconsidered reasonable, are subject to known and unknown risks,uncertainties, and other factors which may cause the actual resultsand future events to differ materially from those expressed or impliedby such forward-looking statements. Such factors include but are notlimited to: operational matters, historical trends, current conditionsand expected future developments, access to financing as well as otherconsiderations that are believed to be appropriate in thecircumstances. There can be no assurance that such statements willprove to be accurate, as actual results and future events could differmaterially from those anticipated in such statements. Accordingly,readers should not place undue reliance on forward-looking statements. The Corporation disclaims any intention or obligation to update orrevise any forward-looking statements, whether as a result of newinformation, future events or otherwise, except as required bylaw.
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