Transaction Update
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Toronto, Ontario / TNW-ACCESSWIRE / April 3, 2014 / Satori Resources Inc. (TSXV:BUD) ("Satori" or the "Company") announces that on March 11, 2014, the Company disclosed that it will be evaluating investment opportunities in various sectors, which the Company confirms, includes those in the agricultural/medical marijuana sector. Following the changes in legislation in the medical marijuana industry, both in Canada and the United States, there has been substantial speculative interest in this new sector, as well as in Satori Resources, as reflected by the trading volume and stock price. For further insight, investors can view the Company's live interview on April 1, 2014 on CTV's Kevin Newman Live (http://knlive.ctvnews.ca/small-mining-companies-looking-for-big-profits-in-medical-marijuana-1.1756580) (commencing at minute 7), and separately, with reporter Amber Kanwar on BNN at http://watch.bnn.ca/#clip1077418.
While no decision has yet been taken, the Company has an obligation to its shareholders to investigate the medical marijuana opportunities being presented to it and to make the best use of the public vehicle. As such, the Company will continue to disclose relevant and timely information as it becomes available.
The TSX Venture Exchange has confirmed that trading of the Company's shares (ticker symbol: BUD:TSXv) will resume at today's market open.
ABOUT SATORI RESOURCES INC.
Satori is a Toronto-based mineral exploration and development company whose primary property is the Tartan Lake Gold Mine Project (100% interest), located in the prolific Flin Flon Greenstone Belt, Manitoba. The Company is currently considering transactions in respect of the Tartan Lake Gold Mine, in addition to evaluating new project opportunities, both within the mining sector and others, particularly as it relates, directly and indirectly, to the medical marijuana sector.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Jennifer Boyle, B.A., LL.B
President and Chief Executive Officer
Satori Resources Inc. jennifer@capexgroupinc.com
T: (647) 430.0966 C: (416) 904.2714
Neither the 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.
CAUTION REGARDING FORWARD-LOOKING INFORMATION
This news release of Satori contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Satori's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements.
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