22:41:39 EDT Tue 28 May 2024
Enter Symbol
or Name
USA
CA



Buscando Resources Corp
Symbol BRCO
Shares Issued 14,084,001
Recent Sedar Documents

Buscando cancels Emergent Waste Solutions merger

2024-03-04 12:27 ET - News Release

Subject: News Release for Dissemination - Buscando Resources Corp. Word Document

File: '\\swfile\EmailIn\20240304 091327 Attachment BRCO - News Release announcing Termination of AA (FINAL).doc'

1

BUSCANDO RESOURCES CORP.

FOR IMMEDIATE RELEASE March 4, 2024

BUSCANDO RESOURCES TERMINATES AMALGAMATION AGREEMENT

WITH EMERGENT WASTE SOLUTIONS

Vancouver, B.C. - Buscando Resources Corp. (the "Company" or "Buscando") (CSE: BRCO) announces that, further to its news release dated September 18, 2023, it has terminated the amalgamation agreement (the "Amalgamation Agreement") with Emergent Waste Solutions Inc. ("EWS"), pursuant to which Buscando was to acquire all of the outstanding shares in the capital of EWS (the "EWS Shares") by way of a three-cornered amalgamation (the "Transaction"). There was no penalty or termination fee payable by either EWS or Buscando in connection with the termination of the Amalgamation Agreement.

Trading in the common shares of the Company (the "Buscando Shares") was halted on September 18, 2023, upon announcement of the Transaction in accordance with the policies of the Canadian Stock Exchange ("CSE"). As the Transaction will not proceed, trading of the Buscando Shares is expected to resume on the CSE once approved by the CSE.

About Buscando

Buscando Resources Corp. is an exploration company focused on the acquisition, exploration and development of natural resource properties located in Canada.

Contact Information

Buscando Resources Corp.

Kyler Hardy

Chief Executive Officer

Web: https://buscandoresources.com/

E-mail: khardy@cronincapital.ca

Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release includes certain "Forward-Looking Statements" within the meaning of applicable securities laws. When used in this news release, the words "anticipate", "believe", "estimate", "expect", "target", "plan", "forecast", "may", "would", "could", "schedule" and similar words or expressions, identify forward-looking statements or information. These forward-looking statements or information relate to, among other things: the resumption of trading of the Buscando Shares; exploration, development, and production at the Company's mineral projects.

Forward-looking statements and forward-looking information are based on management's reasonable assumptions, estimates, expectations, analyses and opinions, which are based on management's experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect.

These statements reflect the Company's respective current views with respect to future events and are necessarily based upon a number of other assumptions and estimates that, while considered reasonable by management, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements or forward-looking information and the Company has made assumptions and estimates based on or related to many of these factors. Readers are cautioned against attributing undue certainty to forward-looking statements or forward-looking information. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or forward-looking information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information, other than as required by applicable law.

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