Consul-Teck Exploration Miniere Inc.

July 24, 2009 10:21 ET

CORRECTION FROM SOURCE/Consul-Teck Announces an Acquisition of Shares

In the release issued July 23 for Consul-Teck, an error occurred within the title ("Alienation" instead of "Acquisition"). The complete and corrected release follows.

VAL-D'OR, QUEBEC--(Marketwire - July 24, 2009) - Consul-Teck Exploration Miniere Inc. (hereinafter, "Consul-Teck"), announces that it has acquired on July 23rd , 2009 directly on the market the ownership of 322,000 common shares of International Kirkland Minerals Inc. (TSX VENTURE:IKI) (hereinafter, "Kirkland") (hereinafter, the "Common Shares"), for a total consideration of $4,830. On a diluted and non-diluted basis, this holding represents 1.55% of the Common Shares in the share capital of Kirkland as of July 23rd, 2009.

As of this day, and after giving effect to the acquisition of 322,000 Common Shares of Kirkland, Consul-Teck directly and indirectly holds 3,163,400 Common Shares of Kirkland. On a diluted and non-diluted basis, Consul-Teck currently holds 15.27% of the Common Shares of Kirkland issued and outstanding as of July 23rd, 2009.

The Common Shares of Kirkland are listed on the TSX Venture Exchange under the symbol IKI.

The Kirkland securities held by Consul-Teck, either directly or through allies, are for investment purposes. These investments shall be reviewed periodically and the holdings of Consul-Teck may be increased or decreased in the future, as deemed appropriate.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Consul-Teck Exploration Miniere Inc.
    Jean-Sebastien Lavallee
    819-824-2425
    819-824-2443 (FAX)