Torch River Resources Ltd.

Torch River Resources Ltd.

June 28, 2013 17:00 ET

Torch Cancels AGM and Options

OAKVILLE, ONTARIO--(Marketwired - June 28, 2013) - Torch River Resources Ltd. ("Torch" or the "Company") (TSX VENTURE:TCR)(FRANKFURT:WNF)(PINKSHEETS:TORVF) announces the cancellation of the annual and special meeting of Torch shareholders which was scheduled to be held on July 31, 2013 and expects that a revised date for the annual and special meeting of Torch shareholders will be announced in the coming weeks.

With reference to the press releases dated April 30, 2013 and May 16, 2013 the Company also wishes to announce that the 1.7 million options granted to Mr. Paul Ogilvie under the Company's stock option plan have been cancelled effective immediately.


Torch River Resources is a publicly traded junior mining exploration company with a number of mining claims. The Mount Copeland molybdenum deposit lies within metamorphic rocks flanking the southern margin of Frenchman Cap Dome, 32 kilometers northwest of Revelstoke, British Columbia. The Fort-Eden copper property is comprised of 18 mineral tenures that total 2,828.6 hectares in area. The mineral claims are located 100 km west of Fort St. James, BC. The Red Bird deposit is comprised of three zones of molybdenum concentration referred to as the Main, Southeast and Southwest zones within a property totaling 1,836 ha (4,400 acres) and is located 133 km southwest of Burns Lake and 105 km north of Bella Coola.

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.

FORWARD-LOOKING STATEMENTS: Certain statements contained in this news release constitute forward-looking statements. These statements relate to future events. All statements other than statements of historical fact are forward-looking statements. The use of the words "expects" and "intend" 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. Although the Company believes these statements to be reasonable, no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this news release should not be unduly relied upon. Such statements include statements with respect to revised date of the annual and special meeting. The forward-looking statements contained in this news release represent Torch's expectations as of the date hereof, and are subject to change after such date. Torch disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as may be required by applicable securities regulations.

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