Fura Emeralds Inc.
TSX VENTURE : FUR

Fura Emeralds Inc.

April 16, 2015 20:00 ET

Fura Extends Closing Date and Files Technical Report

TORONTO, ONTARIO--(Marketwired - April 16, 2015) - Fura Emeralds Inc. (TSX VENTURE:FUR) announces that the company has extended the closing date of its previously announced acquisition of the emerald exploration concession, ECH-121, in Colombia (see Press Release dated February 12, 2015) to a date on or around May 15, 2015. Fura also intends to close its previously announced private placement financing (see Press Release dated March 23, 2015) concurrently with the closing of the emerald concession acquisition transaction.

Fura also reports that it has filed a technical report (the "Technical Report") in respect of the ECH-121 Emerald License in the Boyaca District of Colombia. The Technical Report was prepared in compliance with National Instrument 43-101 - Standards for Disclosure for Mineral Projects.

The Technical Report, entitled "Technical Report on the ECH-121 Emerald License in the Boyaca District, Colombia", was authored by Ricardo A. Valls, M. Sc., P. Geo who is a "qualified person" as defined by National Instrument 43-101 and who is independent of Fura. The Technical Report may be found under the Company's profile on SEDAR at www.sedar.com.

About Fura Emeralds Inc.

Fura Emeralds Inc. will focus on the completion of the acquisition of the Emerald Concession in Colombia in the short term.

Regulatory Statements

This press release contains "forward looking information" within the meaning of applicable Canadian securities legislation. Forward looking information includes, but is not limited to, statements with respect to the intended closing date of the private placement financing and the emerald concession acquisition transaction. Generally, forward looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, geopolitical and social uncertainties; the actual results of exploration activities; regulatory risks; risks inherent in foreign operations; and other risks of the oil and gas industry. Although the company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking information. The company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

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.

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