VANCOUVER, Nov. 29, 2013 /PRNewswire/ - Anglo Swiss
Resources Inc. (ASW: TSX-V, ASWRF: PK) ("Anglo Swiss" or the "Company") wishes
to announce it will make an application to the TSX Venture Exchange
to extend the term of its 2011 warrants for an additional year. An
aggregate of 15,425,000 warrants were originally issued on
December 16 and 29, 2011 and
exercisable at 10 cents per share for
a period of two years. The exercise price for the warrants will
remain the same and the new expiry date for the 15,425,000 warrants
will be December 16, 2014.
The warrant amendments have been approved by the
board of directors of the Company. The warrant amendments remain
subject to TSX-V approval.
The Company also reports that Eagle Creek Gold
Corp. ("Eagle Creek") continues its efforts to close its
financing to raise necessary funds for the purchase of the Kenville
Gold Property for $8-million (see
News Release dated July 4, 2013). In
lieu of the further deposit of $100,000 announced in a News Release dated
October 1, 2013, the Company has
agreed to accept an equivalent value in shares of Eagle
Creek. The final closing date of the transaction remains
December 30th, 2013.
ON BEHALF OF THE BOARD OF DIRECTORS,
Jari Paakki, P.Geo.
CEO
About Anglo
Swiss:
Anglo Swiss Resources Inc. is a Canadian based exploration company
with current assets including its Kenville
Gold Mine and Blu Starr Flake
Graphite properties in southeastern BC, and its Lansdowne House, Ring of Fire
Nickel-Copper-PGE property in northwestern Ontario. Further information about the Company
may be found at http://www.anglo-swiss.com or at
http://www.sedar.com.
Cautionary Note Regarding Forward-Looking
Statements: Certain statements made herein may contain
forward-looking statements or information within the meaning of
Canadian securities laws. Such forward-looking statements or
information include, but are not limited to, statements or
information with respect to Anglo Swiss Resources' plan for future
exploration and development of its properties. Forward-looking
statements or information are based on a number of estimates and
assumptions and are subject to a variety of risks and
uncertainties, which could cause actual events or results to differ
from those reflected in the forward-looking statements or
information. Should one or more of these risks and uncertainties
materialize, or should underlying estimates and assumptions prove
incorrect, actual results may vary materially from those described
in forward-looking statements or information. For example,
there is no certainty, that any economically viable mineral deposit
will be located on the Property, or that the Company will be able
to raise sufficient capital to complete all of its exploration and
drill programs. Accordingly, undue reliance should not be placed on
forward-looking statements or information. Anglo Swiss does not expect to update
forward-looking statements or information continually as conditions
change, except as may be required by securities law.
Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release
SOURCE Anglo Swiss Resources Inc.