Solid enters into a settlement agreement and undertaking with the ASC
Jun 11, 2007
TSXV: SRW
FRANKFURT: A0BLQQ
EDMONTON, June 11 /CNW/ - Solid Resources Ltd. ("Solid") announces that
it has entered into a settlement agreement and undertaking with the Alberta
Securities Commission (the "Commission") regarding the Commission's Docket
E01027 hearing scheduled for June 14, 2007. As a result of this agreement,
Solid has agreed to pay the Commission $15,000 and an additional $5,000
towards investigative costs. As a result of the agreement, the matters covered
by this hearing have been resolved in respect to Solid.
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Certain statements contained in this press release, including statements
which are related to exploration activity and future prospects and
profitability and which may contain words such as "could", "should", "expect",
"believe", "will" and similar expressions and statements relating to matters
that are not historical facts are forward-looking statements. Such
forward-looking statements involve known and unknown risks and uncertainties
which may cause the actual results, performances and/or achievements of Solid
to be materially different from any future results, performances or
achievements expressed or implied by such forward-looking statements. Such
factors include fluctuations in the market conditions and prices of tantalum,
lithium, tin, silver and other metals and related products and services;
competition; political and economic conditions in countries in which Solid
does business; changes in laws and regulations, including environmental
regulations, to which Solid is subject, and other factors which are described
in further detail in Solid's filings with the Canadian Securities Regulators.
The TSX Venture Exchange has not reviewed this release and does not
accept responsibility for the adequacy or the accuracy of this release.
For further information: Garnet Harter, Interim President, (780) 416-7525, This e-mail address is being protected from spambots. You need JavaScript enabled to view it ; Harry McKinders, Director of Investor Relations, (780) 940-1030, This e-mail address is being protected from spambots. You need JavaScript enabled to view it