TORONTO, ON / ACCESSWIRE / July 21, 2014 / Uranium Hunter Corporation ("The Company") (OTC Pink: URHN)) announced today that it hasexecuted a Full and Final Release and Indemnity with Minas Core Mining Inc., Dourados Mineracao Limitada, Canabras Empredimemtos e Participacoas Limitada and Richard Jbeily.
The Release and Indemnity pertains to the Stock Purchase Agreement between the Company and Minas Core Mining Inc. et al for the Rio Petro Diamond Project in Brazil.
Reno J. Calabrigo, President, stated, "Management had considerable interest and commitment towards the Rio Petro Diamond Project, however, sufficient funding for thework program, operational costs and equipment could not be identified." Mr. Calabrigo also stated, "We are currently reviewing potential acquisitions in various industry sectors and will provide updates in the near future."
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Uranium Hunter Corporation with members of its management team as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Reno J. Calabrigo, President
SOURCE: Uranium Hunter Corporation