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Strategies & Market Trends : Dino's Bar & Grill
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To: Goose94 who wrote (9191)9/22/2014 6:13:42 PM
From: Goose94Read Replies (3) of 202365
 
Rokmaster Resources (RKR-V) Sept 22, '14 declares force majeure on Pinaya as a result of the continued presence of illegal miners on the Pinaya gold-copper project, on which Rokmaster Resources Corp. has an option to earn up to a 75-per-cent interest, and Rokmaster's continuing inability to obtain unrestricted access to the portions of the Pinaya project controlled and occupied by illegal miners, Rokmaster has declared force majeure in accordance with the option and joint venture agreement dated July 16, 2012, as amended, with AM Gold Inc. and AM Gold's Peruvian subsidiary, Canper Exploraciones SAC. Rokmaster has also learned that the illegal miners have produced toxic substances on the project area as a result of their illegal activities. As a result of the declaration of force majeure, all time limits imposed by the agreement are extended until the illegal miners and the toxic substances that they have created are removed from the Pinaya project area, rendering such areas accessible and safe.
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