07:28:35 EDT Mon 06 May 2024
Enter Symbol
or Name
USA
CA



Rosehearty Energy Inc
Symbol RHX
Shares Issued 12,230,097
Close 2014-10-15 C$ 0.045
Market Cap C$ 550,354
Recent Sedar Documents

ORIGINAL: Rosehearty hopes to leave Russia, enter North America

2014-10-21 12:46 ET - News Release

Received by email:

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."









© 2024 Canjex Publishing Ltd. All rights reserved.