BURNABY, BRITISH COLUMBIA -- (Marketwired) -- 09/23/14 -- White Tiger Mining Corp. (TSX VENTURE: WTC)(FRANKFURT: W0I) (the "Company" or "White Tiger") announces that it has received TSX Venture Exchange (the "TSX-V") acceptance and will officially change its name to Copper Lake Resources Ltd. The name change was approved by the directors of the Company on September 8, 2014 pursuant to the Articles of the Company and was implemented as part of a renewal process under new management.
Trading under the new name "Copper Lake Resources Ltd." will commence on the TSX-V at the opening of trading on September 24, 2014 under TSX-V symbol "CPL" (CUSIP: 21750Y103; ISIN: CA 21750Y1034).
About White Tiger
White Tiger has the option to earn a 50% interest in the Marshall Lake property project from Rainy Mountain Royalty Corp. ("Rainy Mountain") (TSX VENTURE: RMO) and Marshall Lake Mining PLC ("MLM") by spending $4 million in exploration expenditures over 5 years and issuing 2 million shares over 4 years to Rainy Mountain. As well, White Tiger has the additional option to increase its interest to 75% by incurring such additional expenditures as are necessary to take the project to bankable feasibility stage. As at April 30, 2014 (the Company's most recent financial statement reporting date), White Tiger has earned a 25% joint venture interest in the Marshall Lake property project.
On behalf of White Tiger Mining Corp.
Edward Yurkowski, President and CEO
The TSX Venture Exchange has not reviewed this news release and does not accept responsibility for the adequacy or accuracy of this release. This news release includes certain statements that may be deemed "forward-looking statements". All statements, other than statements of historical facts, that address such matters as future exploration, drilling, exploration activities, potential mineralization and resources and events or developments that the Company expects, are forward looking statements and, as such, are subject to risks, uncertainties and other factors of which are beyond the reasonable control of the Company. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include such matters as market prices, exploitation and exploration results, continued availability of capital and financing, and general economic, market or business conditions. Any forward-looking statements are expressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of the current date and subject to change after that date.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
White Tiger Mining Corp.
Jimmy Mah
(604) 296-3380
jmah@whitetigermining.com
