Duran Ventures Inc. Closes on Sale of Aguila Project
May 08 2014 - 10:45AM
Marketwired
Duran Ventures Inc. Closes on Sale of Aguila Project
TORONTO, ONTARIO--(Marketwired - May 8, 2014) - Duran Ventures
Inc. (TSX-VENTURE:DRV)(LMA:DRV) ("Duran" or the "Company") is
pleased to announce that it has closed the previously announced
sale of the Company's Aguila project, its 50% interest in the
Corongo project, and its Aguila exploration camp and storage
facility to Minera Peñoles de Peru S.A., a Peruvian subsidiary of
Industrias Peñoles S.A.B. de C.V. (BMV: PE&OLES), for total
gross proceeds of US$7,000,000.
About Duran
Duran Ventures Inc. is a Canadian exploration company focused on
the exploration and development of porphyry copper, precious metal,
and polymetallic deposits in Peru.
Duran Ventures
Inc. is a Canadian resource company listed on the TSX Venture
Exchange and the Bolsa de Valores de Lima: Symbol "DRV"
Neither the
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
release.
Disclosure Regarding Forward-Looking Statements: This
press release contains certain "Forward-Looking Statements" within
the meaning of applicable securities legislation. We use words such
as "might", "will", "should", "anticipate", "plan", "expect",
"believe", "estimate", "forecast" and similar terminology to
identify forward looking statements and forward-looking
information. Such statements and information are based on
assumptions, estimates, opinions and analysis made by management in
light of its experience, current conditions and its expectations of
future developments as well as other factors which it believes to
be reasonable and relevant. Forward-looking statements and
information involve known and unknown risks, uncertainties and
other factors that may cause our actual results to differ
materially from those expressed or implied in the forward-looking
statements and information and accordingly, readers should not
place undue reliance on such statements and information. Risks and
uncertainties are more fully described in our annual and quarterly
Management's Discussion and Analysis and in other filings made by
us with Canadian securities regulatory authorities and available at
www.sedar.com. While the Company believes that the expectations
expressed by such forward-looking statements and forward-looking
information and the assumptions, estimates, opinions and analysis
underlying such expectations are reasonable, there can be no
assurance that they will prove to be correct. In evaluating
forward-looking statements and information, readers should
carefully consider the various factors which could cause actual
results or events to differ materially from those expressed or
implied in the forward looking statements and forward-looking
information.
Duran Ventures Inc.Jeffrey Reeder(647) 302-3290Duran Ventures
Inc.Dan Hamilton(416)
867-1591info@duranventuresinc.comwww.duranventuresinc.com
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