Sultan Minerals Announces Results of Special Meeting
17 Dezember 2013 - 3:30PM
Access Wire
Vancouver, BC -
December 17, 2013: Sultan Minerals Inc. (TSX-V: SUL; "Sultan" "the
Company") is pleased to announce the results of the Special Meeting
held on December 16, 2013 in Vancouver, B.C. At the Special
Meeting, the shareholders of Sultan approved the disposition by the
Company of mineral claims and crown grants (the Jersey Emerald
Property) covering approximately 15,000 hectares in the Nelson
Mining Division of British Columbia pursuant to an option agreement
with Margaux Resources Ltd. ("Margaux"). (Please see news release
of November 11, 2013 for terms and conditions).
Sultan previously
obtained conditional approval from the TSX Venture Exchange subject
to shareholder approval. The transaction is currently pending TSX
Venture Exchange Approval for Margaux and Margaux obtaining their
shareholder approval.
The disposition of the Jersey
Emerald Property will provide funding for the Company with no share
dilution and allow the Company to focus its exploration efforts
entirely on its gold properties. Through the NSR royalty, Sultan
shareholders will still benefit from the development of the Jersey
Emerald Property.
Arthur G. Troup,
P.Eng., Geological
President and CEO
For further
information please contact:
Marc Lee, Investor and Corporate Communications
Tel: (604) 628-0519 Fax: (604) 628-0446
Email: mlee@sultanminerals.com
or info@sultanminerals.com
For further
information on Sultan's projects, visit www.sultanminerals.com.
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.
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