MARIFIL MINES LTD. ANNOUNCES TERMINATION OF ASSIGNMENT AND PURCHASE AGREEMENT WITH NETCO SILVER INC.
Vancouver, BC - November 27, 2012 � Marifil Mines Ltd. (TSX-V: MFM) (�Marifil� or the �Company�) announces that the assignment and purchase agreement dated September 29, 2012 with Netco Silver Inc. (�Netco�), whereby the Company agreed to sell all of the interest in the Toruel copper-silver project to Netco, has been terminated.
On Behalf of the Board of Directors,
John Hite
President
Head Office: John Hite, President Phone: 702.562.4880 Email: info@marifilmines.com Website: www.marifilmines.com |
Investor Relations: Hugh Oswald, Ascenta Capital Partners Inc. Phone: 604.684.4743 ext. 243 Toll Free: 1.866.684.4743 ext. 243 Email: hugh@ascentacapital.com |
For further information regarding Marifil Mines Ltd., please refer to the Company's filings available on SEDAR (Http://www.sedar.com) or at Marifil's Website (Http://www.marifilmines.com.)
This press release has been reviewed and approved by John Hite, President of Marifil Mines Ltd. and by Richard Walters, Vice President under whose directions the exploration program is being carried out. Mr. Hite and Mr. Walters are Qualified Persons as defined by National Instrument 43-101.
General Disclaimer
Marifil Mines Ltd. "Marifil", has taken all reasonable care in producing and publishing information contained in this news release, and will endeavor to do so on a periodic basis. Material in this news release may still contain technical or other inaccuracies, omissions, or typographical errors, for which Marifil assumes no responsibility. Marifil does not warrant or make any representations regarding the use, validity, accuracy, completeness or reliability of any claims, statements or information on this site. Under no circumstances, including, but not limited to, negligence, shall Marifil be liable for any direct, indirect, special, incidental, consequential, or other damages, including but not limited to, loss of programs, loss of data, loss of use of computer of other systems, or loss of profits, whether or not advised of the possibility of damage, arising from your use, or inability to use, the material from this news release. The information is not a substitute for independent professional advice before making any investment decisions. Furthermore, you may not modify or reproduce in any form, electronic or otherwise, any information on this site, except for personal use unless you have obtained our express written permission.
Forward-Looking Statements
This news release may contain forward-looking statements, including but not limited to comments regarding predictions and projections. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
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Marifil Mines Ltd
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EXPLORATION STAGE |
CODE : MFM.V |
ISIN : CA56781Y1025 |
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Marifil Mines is a silver exploration company based in Canada. Marifil Mines holds various exploration projects in Argentina. Its main exploration properties are LOS MENUCOS, AMARILLO, FEROCARILLERA, TORUEL and PUNTA COLORADO in Argentina. Marifil Mines is listed in Canada and in United States of America. Its market capitalisation is CA$ 6.1 millions as of today (US$ 4.8 millions, € 4.1 millions). Its stock quote reached its highest recent level on December 31, 2007 at CA$ 1.03, and its lowest recent point on May 12, 2017 at CA$ 0.01. Marifil Mines has 121 910 000 shares outstanding. |