SOURCE: Uranium Hunter Corp.
TORONTO, ON--(Marketwired - Apr 21, 2014) - Uranium Hunter Corporation ("The Company") (OTC Pink: URHN) (PINKSHEETS: URHN) is pleased to announce that it has commenced the financing phase required under its agreement with Minas Core Mining Inc. regarding the Rio Petro Diamond Project in Brazil.
In this phase it is expected to place Minas Core Mining Inc. in a position to complete its capital commitment to equipment requirement and operational obligations within the next 30-60 days.
The Company's goal is to complete their obligation in order to get Minas Core Mining Inc. at 50% operational volumes within the next 60-90 days on the Rio Petro Diamond Project where previous studies have indicated a recoverable resource of approximately 96,000 carats
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Uranium Hunter Corporation with members of its management team as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.