| Serengeti Announces Initiation of Targeted Summer Field Program | |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 24, 2014) - Serengeti Resources Inc. (TSX VENTURE:SIR)(34S.F) reports the start of a modest summer exploration program designed to advance several of the Company's best exploration targets towards the drill stage. Work is planned at Rottacker, adjacent to Serengeti's resource-stage Kwanika property; at the RCN in the Red Chris - North Rok area; and on the UDS property located adjacent to the Kemess North / East underground copper-gold project. Serengeti is a mineral exploration company managed by an experienced team of professionals with a solid track record of exploration success. The Company is currently advancing its Kwanika copper-gold project and exploring its extensive portfolio of properties in the highly prospective Quesnel Trough of British Columbia. A number of these projects are available for option-joint venture and additional information can be found on the Company's website at www.serengetiresources.com. Serengeti has 51.1 million shares issued and outstanding or 58.1 million shares on a fully diluted basis. Quality Assurance/Quality Control The technical information in this news release has been prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101, and reviewed by the Company's qualified person, David W. Moore, P. Geo., President and CEO of Serengeti Resources Inc. ON BEHALF OF THE BOARD David W. Moore, P. Geo., President, CEO and Director Cautionary Statement This document contains "forward-looking statements" within the meaning of applicable Canadian securities regulations. All statements other than statements of historical fact herein, including, without limitation, statements regarding exploration plans and other future plans and objectives, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and future events and actual results could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from our expectations are disclosed in the Company's documents filed from time to time via SEDAR with the Canadian regulatory agencies to whose policies we are bound. A comprehensive list of risk factors is provided in the Company's Annual Information Form ("AIF") for the year ended February 28, 2013 and filed on SEDAR on July 15, 2013. Readers are further advised not to place undue reliance on forward-looking statements. Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
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Serengeti Resources
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EXPLORATION STAGE |
CODE : SIR.V |
ISIN : CA8174991064 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Serengeti Res. is a copper and gold exploration company based in Canada. Serengeti Res. holds various exploration projects in Canada and in Mexico. Its main exploration properties are CROY BLOOM, NECHAKO, OMENICA, KWANIKA, GERMANSEN-VALLEAU, QUEST and KEM in Canada. Serengeti Res. is listed in Canada and in United States of America. Its market capitalisation is CA$ 35.1 millions as of today (US$ 28.1 millions, € 23.5 millions). Its stock quote reached its highest recent level on December 31, 2007 at CA$ 4.80, and its lowest recent point on January 22, 2016 at CA$ 0.02. Serengeti Res. has 71 540 000 shares outstanding. |