Karsten Energy Corp.
TSX VENTURE : KAY

April 05, 2016 12:46 ET

Karsten Terminates Option Agreement With Metallis

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 5, 2016) - Karsten Energy Corp. (TSX VENTURE:KAY) ("Karsten" or the "Company") announces that it has terminated its option to acquire an undivided 100% interest in certain claims known as the Mackenzie Mountains Iron-Copper Property from Metallis Resources Inc. ("Metallis"). Pursuant to the terms of the option agreement, the Company paid Metallis the sum of $11,201 and has no further obligations.

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

  • Karsten Energy Corp.
    Murray Oliver
    President and Chief Executive
    604-687-0888