Vancouver, British Columbia, December 31, 2013 - further to disclosure requirements of applicable securities laws, Korea Resources Investment & Development Inc. ("KORID") reports that on December 24, 2013, BHK Resources Inc. (the "Company") issued 2,400,000 common shares (the "Shares") at a price of $0.10 per Share to KORID in a private placement financing transaction.
The 2,400,000 Shares acquired by KORID represent approximately 15.48% of the issued and outstanding common shares of the Company (the "Common Shares"). KORID did not previously own, directly or indirectly, any Common Shares in BHK.
The Shares were acquired for investment purposes. KORID may acquire additional securities or dispose of existing securities on the basis of KORID's assessment of market conditions and in compliance with applicable securities regulatory requirements.
A copy of the Early Warning Report disclosing the transaction is available in SEDAR at www.sedar.com.
KOREA RESOURCES INVESTMENT & DEVELOPMENT INC.
Per: /s/Jungho Joo
Authorized Signatory