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Athabasca Nuclear Corporation and Strike Graphite Corp. Announce Termination of Proposed Plan of Arrangement

Friday, 31 October 2014 09:00 AM

Athabasca Nuclear Corp.

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Calgary, AB and Vancouver, BC / ACCESSWIRE / October 31, 2014 / Athabasca Nuclear Corporation (TSX-V: ASC) ("Athabasca Nuclear") and Strike Graphite Corp. (TSX-V: SRK) ("Strike Graphite) jointly announce that the proposed plan of arrangement that was previously announced on July 15, 2014 has been terminated in accordance with the terms.

About Athabasca Nuclear Corporation

Athabasca Nuclear Corporation (TSXV:ASC) is an exploration company based in Calgary, Alberta which is focused on uranium exploration near the Athabasca Basin in Saskatchewan, Canada. Further information about Athabasca Nuclear may be found on its website, located at www.athabascanuclear.com.

About Strike Graphite Corp.

Strike Graphite Corp. (TSXV:SRK) is a progressive exploration company targeting strategic assets. The company holds a leading mineral tenure position in the Sask Craton diamond exploration region located in Saskatchewan, Canada. For more information, visit www.strikegraphite.com.

Forward-Looking Statements

This news release contains forward-looking statements. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently expected or forecast in such statements.

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.

Contact Information

For more information regarding Athabasca Nuclear, contact:

Ryan Kalt, LL.M., M.B.A.

Chairman and Chief Executive Officer

Athabasca Nuclear Corporation

Tel: 403-410-3848

Email: [email protected]

For more information regarding Strike Graphite, contact:

Geoff Balderson

President and Chief Executive Officer

Strike Graphite Corp.

Tel: 604-602-0001

Email: [email protected]

 

SOURCE: Athabasca Nuclear Corporation 

 

 

 

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