First Sahara Energy Inc.

CNSX : FSE


First Sahara Energy Inc.

December 09, 2013 04:01 ET

First Sahara Energy Announces Corporate Reorganization

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 9, 2013) - First Sahara Energy Inc. (CNSX:FSE) reports that it intends to spin out its mineral properties to all its shareholders in the form of another publicly traded company in Q1 of 2014. This arrangement will be subject to regulatory and shareholder approval. Details will be forthcoming in January, 2014.

FORWARD LOOKING STATEMENTS

Certain statements contained herein constitute forward-looking statements. The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "project", "should", "believe", and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. The Corporation believes the expectations reflected in those forward-looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this report should not be unduly relied upon. The Corporation does not undertake any obligation to publicly update or revise any forward-looking statements.

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