June 14, 2016 - Vancouver, British Columbia, Canada: Bard Ventures Ltd. ("Bard" or the "Company") announces that further to its news release dated June 6, 2016, it has received TSX Venture Exchange approval for the Shares for Debt transaction entered into with a certain creditor of the Company, to settle outstanding debt of the Company totaling approximately $30,000.00 by the issuance of 600,000 common shares (the "Common Shares") of the Company at a deemed price of $0.05 per Common Share.
All Common Shares issued in connection with the Shares for Debt transaction are subject to a prescribed four-month hold period ending October 15, 2016.
On behalf of:
Bard Ventures Ltd.
Eugene Beukman, President
For further information please visit our website at www.bardventures.com.
This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration and development activities and events or developments that the Company expects, are forward looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see our public filings at www.sedar.com for further information.
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