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File: RHX-NR006 V2.docx
Press Release - #14-006 October 20, 2014
ROSEHEARTY LOOKS TO EXIT RUSSIA
West Vancouver, BC - Rosehearty Energy Inc. ("the Company") (CSE: RHX) announced today that due largely to the instabi
--->lity of the situation in Russia and surrounding areas, the Company has been unable to finance its obligations in Russi
--->a, notwithstanding making exceptional efforts to find adequate financing. Further, we do not believe that there is any
---> imminent resolution to the conflicts within the Ukraine and other neighbouring states.
Therefore the Board is currently contemplating exiting Russia though divestiture, and will be actively looking to new
--->opportunities in the mineral field in North America.
We thank our shareholders for their steadfast loyalty in this time of difficulty, and look forward to new ways of crea
--->ting shareholder value.
On behalf of the Board of Directors of
Rosehearty Energy Inc.
"Robin Dow"
Robin Dow, CEO
For further information, please go to www.galahadmetals.com or contact:
Robin Dow, President, C.E.O 1-888-834-7708 Email: robin@dowgroup.ca
In Vancouver:
Wayne Meredith
1-604-812-5528
wayne@frontierevents.ca
"The statements in this Press Release may contain forward looking statements that involve a number of risks and uncert
--->ainties. Actual events or results could differ materially from the Company's expectations and projections. The TSX V
--->enture Exchange has not approved or disapproved of the information contained in this Press Release."
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