Crazy Horse Resources Inc.: News Release
21 November 2012 - 3:00PM
Marketwired Canada
Crazy Horse Resources Inc. (TSX VENTURE:CZH) -
The Company entered into a Consulting Services Agreement dated October 1, 2011
with Barton Metals Pty Ltd. (the "Consultant"). The Consultant was hired on an
independent consultant basis as Project Manager for the pre-feasibility of the
Company's Taysan copper project in the Philippines (the ""Project"). The Company
announced on September 28, 2012 that all terms of the pre-feasibility had been
successfully completed on the Project and that the Company would not be
proceeding to full feasibility on the Project. The Consultant is owed
CDN$91,358.80 under the Consulting Agreement and the Company and the Consultant
have agreed to settle the same by way of the issuance of an aggregate 1,141,985
common shares (the "Shares") at a deemed price of $0.08 per Share. The TSX
Venture Exchange has approved issuance of the Shares. The Shares are subject to
a four month hold period.
ON BEHALF OF THE BOARD
Mitch Alland, President and CEO
FOR FURTHER INFORMATION PLEASE CONTACT:
KIN Communications Inc.
Investor Relations
1-866-684-6730
Ir@kincommunications.com
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