Stock Symbol: SGF: TSX
SASKATOON, June 5, 2017 /CNW/ - Shore Gold Inc. (TSX:SGF)
("Shore") today issued, at the request of IIROC, on behalf of the
Toronto Stock Exchange, the following statement in response to the
recent trading activity in its common shares:
Shore is engaged in preliminary discussions regarding a
potential transaction with a third party involving an earn-in on
Shore's mineral properties. However, no agreement has been reached
and there is no assurance that these discussions will continue or
that any transaction will be agreed upon. Until such time as it is
appropriate to make a public announcement on any potential
transaction, should one occur, Shore Gold will not comment further
on this matter.
If the discussions result in agreement upon a transaction, of
which there is no certainty at this time, an announcement will be
disclosed in accordance with applicable legal and regulatory
requirements.
Caution Regarding Forward-Looking Statements
This press release contains "forward-looking statements" and/or
"forward-looking information" (collectively, "forward-looking
statements") within the meaning of applicable securities
legislation. All statements, other than statements of historical
fact, are forward-looking statements. Generally, forward-looking
statements can be identified by the use of forward-looking
terminology such as "plans", "expect", "is expected", "in order
to", "is focused on" (a future event), "estimates", "intends",
"anticipates", "believes" or variations of such words and phrases
or statements that certain actions, events or results "may",
"could", "would", or the negative connotation thereof. These
forward-looking statements are based on Shore's current beliefs as
well as assumptions made by and information currently available to
Shore. Although management considers these assumptions to be
reasonable based on information currently available to it, they may
prove to be incorrect. By their very nature, forward-looking
statements involve inherent risks and uncertainties, both general
and specific, and risks exist that predictions, forecasts,
projections and other forward-looking statements will not be
achieved. We caution readers not to place undue reliance on these
statements as a number of important factors could cause the actual
results to differ materially from the beliefs, plans, objectives,
expectations, anticipations, estimates and intentions expressed in
such forward-looking statements.
SOURCE Shore Gold Inc.