(TheNewswire)
Vancouver, British Columbia – TheNewswire - June 3, 2022 –Manning Ventures Inc. (the “ Company ” or “ Manning ”)(CSE:MANN ) ; (CNSX:MANN.CN); ( FRA:1H5 ) ; ( OTC:MANVF) announcesthat, in light of current market conditions, it has elected toterminate the proposed non-brokered private placement of unitsannounced on May 31, 2022. The Company reconsidered the dilutivenature of a placement at these levels and has decided to wait forbetter market conditions. Manning is fully financed to carry out itsexploration plans until the end of the year and will be announcingupcoming work programs scheduled for its Bounty Lithium andNewfoundland-based projects shortly.
About ManningVentures
Manning is a broad-based mineral exploration and development company with a focus in Canada. Manning holds a 100% interest in six mineralproperties (iron ore, lithium) located in the province of Quebec, and four projects (polymetallic, rare earths,uranium) in Newfoundland. The Company is also currently earning towards a majority interest in the Flint Lake Gold Project located inOntario.
For furtherinformation contact:
Manning Ventures Inc.
Alex Klenman - CEO
Email: info@manning-ventures.com
Telephone: (604) 681-0084
www.manning-ventures.com
Neither the Canadian Securities Exchange nor its Regulation ServicesProvider (as that term is defined in the policies of the CanadianSecurities Exchange) accepts responsibility for the adequacy oraccuracy of this news release. The Canadian Securities Exchange hasnot in any way passed upon the merits of the proposed transaction andhas neither approved nor disapproved the contents of this newsrelease.
FORWARD LOOKING STATEMENTS:
Completion of the acquisition issubject to a number of conditions, including receipt of appropriateregulatory approvals. The acquisition cannot close until all suchconditions are satisfied. There can be no assurance that theAcquisition will be completed as proposed or at all.
Certain informationin this news release may contain forward-looking statements thatinvolve substantial known and unknown risks and uncertainties.Forward-looking statements are often identified by terms such as“will”, “may”, “should”, “anticipate”, “expects”and similar expressions. All statements other than statements ofhistorical fact included in this news release are forward-lookingstatements that involve risks and uncertainties. There can be noassurance that such statements will prove to be accurate and actual resultsand future events could differ materially from those anticipated insuch statements. Important factors that could cause actual results todiffer materially from the Company’s expectations include thefailure to satisfy the conditions of the relevant securitiesexchange(s) and other risks detailed from time to time in the filingsmade by the Company with securities regulations. The reader iscautioned that assumptions used in the preparation of anyforward-looking information may prove to be incorrect. Events orcircumstances may cause actual results to differ materially from thosepredicted, as a result of numerous known and unknown risks,uncertainties, and other factors, many of which are beyond the controlof the Company. The reader is cautioned not to place undue reliance onany forward-looking information. Such information, although consideredreasonable by management at the time of preparation, may prove to beincorrect and actual results may differ materially from thoseanticipated. Forward-looking statements contained in this news releaseare expressly qualified by this cautionary statement. Theforward-looking statements contained in this news release are made asof the date of this news release and the Company disclaims anyintention or obligation to update or revise such information, exceptas required by applicable law.
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