MONTREAL, QUEBEC--(Marketwire - May 31, 2012) - Kilkenny Capital Corporation (the "Corporation" or "Kilkenny") (TSX VENTURE:KIK.P), a Capital Pool Company pursuant to Policy 2.4 of the TSX Venture Exchange's Corporate Finance Manual, announced that, following the due diligence conducted, it no longer goes forward with its proposed Qualifying Transaction with Pure Energy Minerals Limited announced in a press release dated February 27, 2012.
In addition, the Corporation announces to be in advanced negotiations with another party in order to complete its Qualifying Transaction.
Neither 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:
President and Chief Executive Officer
(514) 439-7787