CHOP Exploration Inc.

September 01, 2011 15:49 ET

CHOP Exploration Inc. Terminates Initial Public Offering

TORONTO, ONTARIO--(Marketwire - Sept. 1, 2011) - CHOP Exploration Inc. ("CHOP") announces that due to adverse market conditions, it has decided to terminate its initial public offering at this time. CHOP intends to seek additional financing when market conditions improve.

About CHOP

CHOP Exploration Inc. is a mineral exploration company focused on the acquisition, exploration and development of properties for the mining of copper and other base metals. CHOP currently holds a 100% interest in the Lac Romanet property comprised of 992 contiguous mineral claims covering approximately 47,602 hectares located in the Labrador Trough of Northern Quebec.

Forward-Looking Statements: Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of CHOP, including, but not limited to the impact of general economic conditions, industry conditions, risks associated with exploration activities, volatility of commodity prices, currency fluctuations, dependence upon regulatory approvals, the availability of future financing and exploration risk. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

Contact Information

  • CHOP Exploration Inc.
    Christopher J.F. Harrop
    President and Chief Executive Officer
    (647) 352-8233