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Re: News Releases - Thursday, March 13, 2008
Canyon Stockholders Approve Agreement and Plan of Merger with
Atna
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Vancouver, BC and Golden, CO, March 13, 2008 -- Atna Resources Ltd.
("Atna") (TSX:ATN) is pleased to announce today that stockholders of
Canyon Resources Corporation ("Canyon") (AMEX:CAU) have approved the
Agreement and Plan of Merger whereby Atna will acquire all the issued
and outstanding shares of common stock of Canyon. The transaction was
approved by a majority of the outstanding shares of common stock of
Canyon at a special meeting of Canyon stockholders called to consider
the transaction.
On November 16, 2007 Atna and Canyon entered into an Agreement and Plan
of Merger whereby each share of Canyon would be exchanged for 0.32 of
an Atna common share. After the transaction, Canyon will become a
wholly owned subsidiary of Atna.
The transaction is expected to close on Tuesday March 18th, 2008.
Additional information concerning the transaction is available in the
registration statement on Form F-4 filed by Atna with the SEC on
January 17, 2008, which contains a joint proxy statement/prospectus and
other relevant materials.
For further information, please visit our website, www.atna.com, or
contact:
ATNA RESOURCES LTD., Kendra Johnston, Investor Relations Manager &
Geologist;
Tel: (604) 684-2285, E-mail: kjohnston@atna.com
Forward-Looking Statements
Except for the statements of historical fact that may be contained
herein, this news release contains "forward-looking statements" within
the meaning of the United States Private Securities Litigation Reform
Act of 1995. Forward-looking statements are based on the opinions and
estimates of management at the date that the statements are made, and
are subject to a variety of risks and uncertainties and other factors
that could cause actual events or results to differ materially from
those projected in the forward-looking statements. Such factors
include, but are not limited to, risks involved in the exploration and
development of mineral properties; the uncertainties involved in
interpreting drilling and other exploration results; fluctuating
commodity prices and exchange rates; the possibility of project cost
overruns or unanticipated costs and expenses; the need to obtain
additional financing and uncertainty as to the availability and terms
of future financing; environmental risks and hazards; and other risks
and uncertainties disclosed in the Company's current Annual Information
Form filed with the Canadian securities regulatory authorities and Form
20-F filed with the United States Securities and Exchange Commission.
The Company undertakes no obligation to update forward-looking
statements if circumstances or management's estimates or opinions
should change. The reader is cautioned not to place undue reliance on
forward-looking statements.
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Copyright (c) 2008 ATNA RESOURCES LTD. (TSE:ATN) All rights reserved.
For more information visit our website at http://www.atna.com/ or send
mailto:info@atna.com
Message sent on Thu Mar 13, 2008 at 12:48:24 PM Pacific Time
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