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Bridge Resources Corp. Announces Results of Its Annual and Special Meeting

02.04.2012  |  Marketwired
CALGARY, April 2, 2012 - Bridge Resources Corp. (the "Corporation") (TSX VENTURE:BUK), is pleased to announce the voting results from its annual and special meeting of shareholders held on March 30, 2012. Shareholders of the Corporation overwhelmingly approved all of the resolutions set forth in the Corporation's Notice of Meeting and Proxy Statement and Information Circular, including the resolution approving the sale of all or substantially all of the assets or the Corporation (the "Asset Sale").

The Corporation is also pleased to announce that it has received conditional listing approval for the transactions contemplated in connection with the Asset Sale from the TSX Venture Exchange. Closing of the transactions remains subject to the completion of certain customary conditions precedent as contemplated in the agreement providing for the Asset Sale and is expected to occur within the first week of April 2012.


Cautionary Note Regarding Forward-Looking Statements

Except for the statements of historical fact contained herein, certain information presented herein constitutes "forward-looking statements". More particularly, this press release contains statements concerning the Corporation's sale process and the timing of the Asset Sale. The forward-looking statements contained in this document are solely opinions and forecasts which are uncertain and subject to risks. Forward-looking statements include but are not limited to uncertainties and other factors which may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to a number of known and unknown risks and uncertainties, including, but not limited to: non-performance of agreements in accordance with their terms; the impact of competition; commodity prices; regulatory environment and inability to obtain required regulatory approvals; tax laws and treatment; the ability of the Corporation to raise sufficient capital to complete future projects and satisfy future commitments; labour and material shortages; and certain other risks detailed from time to time in the Corporation's public disclosure documents which can be found at www.sedar.com. Although the Corporation has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers are cautioned that the assumption used in the preparation of the forward-looking statements, although considered reasonable at the time of preparation may prove to be imprecise and, as such undue reliance should not be placed on forward-looking statements.

The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, the Corporation disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities law. Additionally, the Corporation undertakes no obligation to comment on the expectations of, or statements made, by third parties in respect of the matters discussed above.

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.



Contact Information

Bridge Resources Corp.
Nick Clayton, Chairman of the Board and Interim Chief Executive Officer
303-831-9022
njc@bridgeresourcescorp.com
www.bridgeresourcescorp.com
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