Minfocus Responds to GreenBank Capital Disclosure and Provides Notice of Termination of LOI by Kapuskasing Gold Corp.
Toronto, ON (FSCwire) - Minfocus Exploration Corp. (TSX-V: MFX) (“Minfocus” or “Company”) further to a news release disseminated by GreenBank Capital Inc., (“GreenBank”) issued on March 1, 2018 (“GB News Release”), in which GreenBank announced that it had requisitioned a shareholder meeting of Minfocus Exploration Corp., pursuant to section 167 of the British Columbia Business Corporations Act (the “Act”), Minfocus announces that, as of the close of business yesterday March 13, 2018, the Company has not received a requisition for a shareholder meeting delivered in accordance with the requirements of the Act.
Minfocus confirms also that it has received a letter giving notice of termination, March 13, 2018, of the Letter of Intent signed between Kapuskasing Gold Corp. (TSXV:KAP) and Minfocus signed on January 23, 2018 regarding the option agreement for Minfocus to earn a 100% interest in the Daniel’s Harbour Zinc Project from Kapuskasing Gold Corp. previously announced by the Company on February 13, 2018.
For further information, please contact:
Kenneth B. de Graaf
President & Chief Executive Officer
Email: kennethd@minfocus.com