NZZ Nitinat Minerals Corporation

Nitinat Minerals Corporation (TSX VENTURE:NZZ) ("Nitinat" or the "Corporation")
would like to clarify its share ownership of Techniton LLC through its wholly
owned subsidiary Taman Petroleum Corporation ("Taman").


Contrary to the assertions made by Galahad Metals Inc. in its press release
dated April 9, 2014 whereby Galahad announced its agreement to purchase 60% of
Arax Energy Inc. ("Arax"), the Corporation has not pledged its securities in
Techniton to Arax and is not aware of any such arrangement. In 2013, the
Corporation advanced $300,00 to Techniton for the payment of certain expenses.
The Corporation is entitled to vote its securities of Techniton and to receive
any and all dividends as and when declared by Techniton.  


The TSX Venture Exchange has in no way passed upon the merits of the proposed
transaction and has neither approved nor disapproved the contents of this press
release.


This press release contains forward-looking statements based on assumptions,
uncertainties and management's best estimates of future events. Actual results
may differ materially from those currently anticipated. Investors are cautioned
that such forward-looking statements involve risks and uncertainties. Important
factors that could cause actual results to differ materially from those
expressed or implied by such forward-looking statements are detailed from time
to time in the Corporation's periodic reports filed with the Ontario Securities
Commission and other regulatory authorities. The Corporation has no intention or
obligation to update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Nitinat Minerals Corporation
Herb Brugh
President and Director
416.216.0964
www.nitinatminerals.com

Nitinat Minerals (TSXV:NZZ)
Historical Stock Chart
From Apr 2024 to May 2024

Nitinat Minerals (TSXV:NZZ)
Historical Stock Chart
From May 2023 to May 2024