DGM Minerals Corp.
TSX VENTURE : DGM

June 11, 2013 18:28 ET

DGM Minerals Corp. Seeking New Opportunities

VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 11, 2013) - DGM Minerals Corp. (the "Company") (TSX VENTURE:DGM) announced today that it has terminated its property option agreement with Ressources Maxima Inc. and forfeited its interest in the Notamiche Property.

"It simply is not in the best interests of the Company to expend resources on the Notamiche property given the current investment climate," said DGM's President and CEO, Pete Smith. "Moreover, we believe there are better opportunities and options available for DGM at this time."

The Company is in the process of seeking and assessing other properties and is confident that a more advantageous opportunity will emerge in the near future, at which time the Company will provide a further update.

About the Company

DGM Minerals Corp. is a Vancouver-based mineral exploration company currently focused on the acquisition and exploration of mineral projects in Canada. For further information, please refer to the Company's filings on SEDAR (www.sedar.com) or contact the Company by telephone at 778.999.7030.

ON BEHALF OF THE BOARD

Peter Smith, President and CEO

This press release contains "forward-looking information" that is based on the Company's current expectations, estimates, forecasts and projections. This forward-looking information includes, among other things, the Company's mineral properties, plans, outlook and business strategy. The words "may", "would", "could", "should", "will", "likely", "expect," "anticipate," "intend", "estimate", "plan", "forecast", "project" and "believe" or other similar words and phrases are intended to identify forward- looking information.

Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company's actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include, but are not limited to: uncertainties related to the ability of the Company to obtain or maintain an interest in a suitable mineral property, changes in economic conditions or financial markets; changes in prices for mineral products or increases in costs; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological or operational difficulties or inability to obtain permits encountered in connection with exploration activities; and labour relations matters.

This list is not exhaustive of the factors that may affect our forward-looking information. These and other factors should be considered carefully and readers should not place undue reliance on such forward- looking information. Except as required by law, the Company disclaims any intention or obligation to update or revise forward-looking information, whether as a result of new information, future events or otherwise.

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.

Contact Information

  • DGM Minerals Corp.
    778.999.7030