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Resignation of Chief Financial Officer and Settlement of Debt

Tuesday, 02 September 2014 05:54 PM

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Vancouver, British Columbia / ACCESSWIRE / September 2, 2014 / Shamrock Enterprises Inc. (CSE: SRS; the "Company") announces that Ryan Cheung, the Company's Chief Financial Officer, Ryan Cheung, has resigned in order to pursue other ventures. The board wishes to extend its appreciation to Mr. Cheung for accounting services provided since the Company's inception.

The Company has entered into an agreement with Midland Management Ltd., a private company owned by Mr. Cheung, to settle debt of $32,500 by the issuance of 650,000 common shares at $0.05 per share. The shares will be subject to a four month hold period.

On behalf of the Board,

"Gordon Osinchuk"

President

For further information, please contact:

Shamrock Enterprises Inc.

Gordon R. Osinchuk, President & CEO

Phone: (604) 722-1877

Neither the Canadian Securities Exchange nor its Regulation Services Provider

accepts responsibility for the adequacy or accuracy of this release.

Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as "forward-looking statements". Forward looking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements. Readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance on forward-looking statements. Any forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, except in accordance with the applicable laws.

 

SOURCE: Shamrock Enterprises Inc. 

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