Vancouver, British Columbia -- Artha Resources Corporation (TSX.V: AHC) announces that it has completed due diligence of the metal streaming business and has decided not to proceed with any transaction at this time.
Whilst the junior sector is still facing capital constraints there are a multitude of attractive opportunities, particularly in the precious metals sector in the Americas. Artha's contacts continue to provide the company with opportunities to expand its exploration portfolio into lower risk jurisdictions with the Company currently reviewing various projects.
The Company continues to hold a strategic portfolio of exploration projects in northern Argentina and expects positive developments near term.
On Behalf of the Board of Directors,
"Todd McMurray"
President
For Information Contact:
Todd McMurray
President, Director
Email: todd@artharesources.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 press release.
Forward-Looking Statements
This press release contains forward-looking information within the meaning of the British Columbia Securities Act relating to the Company's expectations, intentions, plans and beliefs. Forward-looking statements include statements regarding the Company's. Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results to be materially different from any future result expressed or implied by the forward-looking statements. Factors that may cause actual results to vary include, but are not limited to, risks inherent in mineral exploration and development including environmental hazards, unusual or unexpected geological formations; risks associated with the estimation of mineral resources and reserves and the geology, grade and continuity of mineral deposits; uncertain political and economic environments; changes in laws or policies; completion for capital and skilled workers; and changes in commodity prices and exchange rates. The Company does not assume the obligation to revise or update these forward-looking statements after the date of this document or to revise them to reflect the occurrence of future unanticipated events, except as may be required under applicable securities laws.