Cogitore Resources Inc.
TSX VENTURE : WOO

Cogitore Resources Inc.

January 21, 2010 16:01 ET

Cogitore Resources Inc. Provides Update on Submission of Offer to Acquire Assets

TORONTO, ONTARIO--(Marketwire - Jan. 21, 2010) - Cogitore Resources Inc. (the "Company") (TSX VENTURE:WOO) provides an update on the status of its offer to acquire certain assets of Campbell Resources Inc. and MSV Resources 2007 Inc. ("Campbell/MSV"), as described in its press release dated December 11, 2009. Since the Company submitted its offer, the proceedings initiated by Campbell/MSV under the Companies' Creditors Arrangement Act have been discontinued and Pricewaterhouse Coopers Inc. ("PWC") has been appointed by the Quebec Superior Court as receiver for the assets of Campbell/MSV pursuant to section 243 of the Bankruptcy and Insolvency Act.

The Company's original offer has not been accepted. The Company is presently evaluating its options and has not yet decided whether it will be submitting a new offer.

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.

www.cogitore.com

Contact Information

  • Cogitore Resources Inc.
    Gerald Riverin
    President & CEO
    819-764-6666
    or
    Cogitore Resources Inc.
    Mark Goodman
    Chairman
    416-924-9893