News Release: 2014-11-19
Vancouver, BC / TNW – Accesswire / Vancouver, B.C., November 19, 2014 – FINORE MINING INC. (CSE: FIN; OTCQX: FNREF) (the “Company” or “Finore”) Further to the press release, dated October 28, 2014, Finore, a Canadian public company listed on the Canadian Securities Exchange (CSE: FIN) reports that the Company will not be proceeding with the acquisition of 100% interest in gold properties (Tomboko Project) located in Guinea, West Africa held by The Golden Rule Ltd (TGR) a private Hong Kong incorporated company. The Memorandum of Understanding (MOU) signed by TGR and Finore, in October, 2014, by TGR and Finore is withdrawn and cancelled.
The Company undertook this decision to focus all its activities on the development of the Lantinen Koillismaa PGE+Au-Cu-Ni deposit in Finland.
About Finore Mining Inc.
Finore is a mineral exploration and development company based in Vancouver, British Columbia. The Company controls a 100% interest in the LK Project located in North-Central Finland. Finore’s goal is to define a large-tonnage PGE+Au-Cu-Ni deposit in Finland, thereby maximizing value on behalf of its shareholders. More information on the companies’ activities can be found on www.finoremining.com.
On Behalf of the Board,
President & CEO
The CSE does not accept responsibility for the adequacy or accuracy of this release.
FORWARD-LOOKING STATEMENTS: The forward-looking information contained in this press release is made as of the date of this press release and, except as required by applicable law, the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking information, whether as a result of new information, future events or otherwise, except as may be required by law. By its very nature, such forward-looking information requires the Company to make assumptions that may not materialize or that may not be accurate. This forward-looking information is subject to known and unknown risks and uncertainties and other factors, which may cause actual results, levels of activity and achievements to differ materially from those expressed or implied by such information.