Kivalliq收購Roughrider股份

Kivalliq Energy Corporation (TSX VENTURE: KIV) today announced that on August 30, 2016, in a private transaction, it acquired ownership of and control over 1,969,828 common shares of Roughrider Exploration Limited of 625 Howe Street, Suite 408, Vancouver, BC, V6C 2T6, Canada (‘Roughrider’), representing approximately 7.54% of the issued and outstanding common shares of Roughrider. As a result, Kivalliq now has ownership of and control over 3,939,656 common shares of Roughrider, representing approximately 15.08% of Roughrider’s issued and outstanding shares.

The 1,989,828 common shares were acquired by Kivalliq pursuant to the Mining Option Agreement dated July 10, 2014, and the amendment to the Mining Option Agreement announced December 22, 2015, between Kivalliq and Roughrider related to the Genesis Property uranium project in Saskatchewan, Canada.