CT Centenera Mining Corporation

Castillian Resources Corp. ("Castillian") (TSX VENTURE:CT)(OTCQX:CTIIF) and
Ridgemont Iron Ore Corp. ("Ridgemont") (TSX VENTURE:RDG)(OTCQX:RIOOF) are
pleased to announce that Ridgemont's information circular (the "Circular") with
respect to the previously announced plan of arrangement with Castillian has been
filed with Canadian securities regulators and is being mailed to Ridgemont
shareholders of record as of May 17, 2013. Ridgemont's mailing of the Circular
follows its receipt of an interim order of the Supreme Court of British Columbia
authorizing, among other things, the holding of an annual and special meeting of
holders of its common shares on June 24, 2013 in Vancouver, British Columbia.


The Transaction

As previously announced on May 3, 2013, Castillian and Ridgemont have entered
into a definitive arrangement agreement under which Castillian will acquire 100%
of the outstanding common shares of Ridgemont by way of a plan of arrangement
under the Business Corporations Act (British Columbia) (the "Transaction").
Pursuant to the Transaction, Ridgemont shareholders will receive 0.593 of a
Castillian common share for each common share of Ridgemont held. At the annual
and special meeting, Ridgemont shareholders will be asked to consider and, if
thought fit, approve the Transaction. Subject to shareholder, court and
regulatory approvals, the Transaction is expected to close in July 2013. Further
details regarding the Transaction can be found in the joint press release of
Castillian and Ridgemont dated May 3, 2013.


The Ridgemont Shareholder Meeting

An annual and special meeting of the Ridgemont shareholders to consider the
Transaction will be held at the offices of Blake, Cassels & Graydon LLP, 23rd
floor, 595 Burrard Street, Vancouver, British Columbia, V7X 1L3, on June 24,
2013 commencing at 10:00 a.m. (Vancouver time). The record date for voting at
the meeting of Ridgemont shareholders is May 17, 2013.


The Circular

The Circular contains a detailed description of the Transaction and the matters
to be considered at the annual and special meeting of Ridgemont shareholders to
be held June 24, 2013. Also included in the Circular is a detailed description
of Castillian and its business (including audited historical financial
statements) and a description of Castillian after giving effect to the
Arrangement (including pro forma financial and capitalization information). The
Circular is being mailed to Ridgemont shareholders of record as of May 17, 2013
and is available on SEDAR at www.sedar.com.


ABOUT RIDGEMONT

Ridgemont is a Canadian exploration company looking to acquire, explore and
develop iron ore mineral properties. Ridgemont has a 100% interest in the Lac
Virot Iron Project located in the southern Labrador Trough and holds a 100%
interest in the Maguse River Iron Project located in Nunavut.


ABOUT CASTILLIAN RESOURCES

Castillian Resources Corp. is a Canadian mineral exploration company listed on
the TSX Venture Exchange (the "Exchange") under the symbol "CT" and on the OTCQX
International under the symbol "CTIIF". Castillian's flag ship property is the
Hope Brook Gold Project located in southwestern Newfoundland, which has 12.4
million tonnes at 1.48 g Au/t for 590,000 ounces of indicated mineral resources
and 8.2 million tonnes at 2.07 g Au/t for 548,000 ounces of inferred mineral
resources (see technical report entitled "Updated Mineral Resource Estimate
Technical Report, Hope Brook Gold Project, Newfoundland and Labrador, Canada",
effective October 1, 2012).


QUALIFIED PERSON

Dr. Bill Pearson, P.Geo., President and CEO of Castillian, who is a qualified
person as defined by NI 43- 101, has reviewed and approved the scientific and
technical content relating to Castillian in this press release.


CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

Certain information contained in this press release, including any information
relating to the Transaction, and statements that address events or developments
that Castillian or Ridgemont expects to occur, are "forward-looking statements".
Forward- looking statements are statements that are not historical facts and are
generally, but not always, identified by the words "expects", "does not expect",
"plans", "anticipates", "does not anticipate", "believes", "intends",
"estimates", "projects", "potential", "scheduled", "forecast", "budget" and
similar expressions, or that events or conditions "will", "would", "may",
"could", "should" or "might" occur. Forward -looking statements include, but are
not limited to, statements relating to completion and timing of the acquisition
of Ridgemont, the upside potential of Hope Brook and the Hope Brook mineral
resource estimate and its potential to be increased. All such forward-looking
statements are subject to important risk factors and uncertainties, many of
which are beyond Castillian's or Ridgemont's ability to control or predict.
Forward-looking statements are necessarily based on estimates and assumptions
that are inherently subject to known and unknown risks, uncertainties and other
factors that may cause Castillian's or Ridgemont's actual results, level of
activity, performance or achievements to be materially different from those
expressed or implied by such forward-looking statements. Assumptions upon which
such forward looking statements are based on include the estimation of mineral
resources, the availability of necessary financing and materials to continue to
explore and develop Hope Brook, that Castillian and Ridgemont will be able to
satisfy the conditions contained in the Letter of Intent, that the required
approvals will be obtained from the shareholders of Ridgemont, that all third
party, court, regulatory and governmental approvals to the Transactions will be
obtained, including from the Exchange and all other conditions to completion of
the Transaction will be satisfied or waived. Many of these assumptions are based
on factors and events that are not within the control of Castillian and
Ridgemont and there is no assurance they will prove to be correct. Such factors
include, without limitation: capital requirements; fluctuations in the
international currency markets and in rates of exchange of metal prices; changes
in national and local government legislation in Canada or any other country in
which Castillian and Ridgemont currently or may in the future carry on business;
taxation; controls, regulations and political or economic developments in the
countries in which Castillian and Ridgemont do or may carry on business;
competition; loss of key employees; and additional funding requirements.


Any forward-looking statement speaks only as of the date on which it is made and
Castillian and Ridgemont expressly disclaim any intention or obligation to
update or revise any forward-looking statements, whether as a result of new
information, events or otherwise, except in accordance with applicable
securities laws. Although each of Castillian and Ridgemont believe that the
assumptions inherent in the forward-looking statements are reasonable,
forward-looking statements are not guarantees of future performance and
accordingly undue reliance should not be put on such statements due to the
inherent uncertainty therein.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Castillian Resources Corp.
Rob Hopkins
Investor Relations Manager
(416) 861-5899
rhopkins@castillian.ca
www.castillian.ca


Ridgemont Iron Ore Corp.
JJ Jennex
Investor Relations
604-681-8030 x 240
info@ridgemontiron.com
www.ridgemontiron.com

Centenera Mining Corporation (TSXV:CT)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024

Centenera Mining Corporation (TSXV:CT)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024