Siga Resources Inc. Provides Shareholder Update
22.04.2015 | Accesswire
Attention Shareholders:
PAINESVILLE, April 20, 2015 - Siga Resources Inc. (PINKSHEETS: SGAE)("Siga") is pleased to provide the following update to shareholders. Siga has made several important progressions in the last few weeks under new management. Siga officially announced the beginning of an audit on April 2, 2015 under the supervision of ZBS Group LLC, a PCAOB certified firm:
http://www.sec.gov/Archives/edgar/data/1386936/000121390015002427/0001213900-15-002427-index.htm
Siga also announced a LOI with Flex Mining Ltd., a Delaware Corporation that owns 100% of six mining claims called the "Big Monty" located in a prolific gold mining region in North-Eastern Ontario, Canada:
http://www.sec.gov/Archives/edgar/data/1386936/000149315215001353/0001493152-15-001353-index.htm
Next Steps:
Siga will complete its audit in order to become a fully reporting issuer. Post audit Siga will take the necessary steps to gain an OTCQB listing. Siga is excited to enter into a Definitive Agreement with Flex Mining Ltd. to acquire its Big Monty Claims through a capital expenditure of $1,000,000. The capital will be spent on a comprehensive exploration work program; surface sampling, trenching and a diamond drill program with the end goal of defining a gold resource.
About the Big Monty Claims:
The Big Monty claims are located near Kirkland Lake, Ontario, Canada. The claims are geologically located in the Abitibi Greenstone Belt region, structurally lying along the central sector of the north branch of the Porcupine-Destor Fault Zone "PDFZ".
About Siga Resources Inc.:
Siga Resources Inc. is an exploration stage company that specializes in acquiring and developing mining assets in North America.
Sincerely,
Chris Vallos, CEO & President
Contact Us:
Siga Resources Inc.
573 Monroe Blvd.
Painesville, OH 44077
sigaresources@gmail.com
216-408-9423 - Investor Relations
Forward Looking Statements: This news release includes "forward looking statements", as that term is defined in Section 27A of the Unites States Securities Act of 1933, as amended, and Section 21E of the United States Exchange Act of 1934, as amended, that are subject to assumptions, risks and uncertainties. Statements in this news release that are not purely historical are forward looking statements, including without limitation any statements concerning the Company's intentions, plans, estimates, expectations or beliefs regarding the future. Although the Company believes that any forward looking statements in this news release are reasonable, there can be no assurance that any such forward looking statements will prove to be accurate. The Company cautions readers that all forward looking statements, including without limitation those relating to the Company's future operations and business prospects, are based on assumptions none of which can be assured, and are subject to certain risks and uncertainties that could cause actual events or results to differ materially from those indicated in the forward looking statements. Readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance on forward looking statements.
Any forward looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward looking statements, or to update the reasons why actual events or results could or do differ from those projected in the forward looking statements. Except as required by law, the Company assumes no obligation to update any forward looking statements, whether as a result of new information, future events or otherwise.
PAINESVILLE, April 20, 2015 - Siga Resources Inc. (PINKSHEETS: SGAE)("Siga") is pleased to provide the following update to shareholders. Siga has made several important progressions in the last few weeks under new management. Siga officially announced the beginning of an audit on April 2, 2015 under the supervision of ZBS Group LLC, a PCAOB certified firm:
http://www.sec.gov/Archives/edgar/data/1386936/000121390015002427/0001213900-15-002427-index.htm
Siga also announced a LOI with Flex Mining Ltd., a Delaware Corporation that owns 100% of six mining claims called the "Big Monty" located in a prolific gold mining region in North-Eastern Ontario, Canada:
http://www.sec.gov/Archives/edgar/data/1386936/000149315215001353/0001493152-15-001353-index.htm
Next Steps:
Siga will complete its audit in order to become a fully reporting issuer. Post audit Siga will take the necessary steps to gain an OTCQB listing. Siga is excited to enter into a Definitive Agreement with Flex Mining Ltd. to acquire its Big Monty Claims through a capital expenditure of $1,000,000. The capital will be spent on a comprehensive exploration work program; surface sampling, trenching and a diamond drill program with the end goal of defining a gold resource.
About the Big Monty Claims:
The Big Monty claims are located near Kirkland Lake, Ontario, Canada. The claims are geologically located in the Abitibi Greenstone Belt region, structurally lying along the central sector of the north branch of the Porcupine-Destor Fault Zone "PDFZ".
About Siga Resources Inc.:
Siga Resources Inc. is an exploration stage company that specializes in acquiring and developing mining assets in North America.
Sincerely,
Chris Vallos, CEO & President
Contact Us:
Siga Resources Inc.
573 Monroe Blvd.
Painesville, OH 44077
sigaresources@gmail.com
216-408-9423 - Investor Relations
Forward Looking Statements: This news release includes "forward looking statements", as that term is defined in Section 27A of the Unites States Securities Act of 1933, as amended, and Section 21E of the United States Exchange Act of 1934, as amended, that are subject to assumptions, risks and uncertainties. Statements in this news release that are not purely historical are forward looking statements, including without limitation any statements concerning the Company's intentions, plans, estimates, expectations or beliefs regarding the future. Although the Company believes that any forward looking statements in this news release are reasonable, there can be no assurance that any such forward looking statements will prove to be accurate. The Company cautions readers that all forward looking statements, including without limitation those relating to the Company's future operations and business prospects, are based on assumptions none of which can be assured, and are subject to certain risks and uncertainties that could cause actual events or results to differ materially from those indicated in the forward looking statements. Readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance on forward looking statements.
Any forward looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward looking statements, or to update the reasons why actual events or results could or do differ from those projected in the forward looking statements. Except as required by law, the Company assumes no obligation to update any forward looking statements, whether as a result of new information, future events or otherwise.