/NOT FOR DISTRIBUTION IN THE UNITED
STATES OR FOR DISSEMINATION TO U.S. NEWS WIRE SERVICES/
TORONTO, April 20,
2022 /CNW/ - Amilot Capital Inc. (TSXV:
ACI.H) (the "Company" or "Amilot"), announced today that it
amended the terms of the 18% secured debentures that were issued on
October 25, 2013 (the
"Debentures") in the aggregate principal amount of US
$500,000.
The amendment of the Debentures extends the maturity date of the
Debentures from April 30, 2022 to
July 31, 2022.
About Amilot
Amilot is a gold exploration and development company with
contractual interests in gold properties in Colombia. Amilot's mineral properties are the
Ancal/Marmato Project, located in the Marmato/Caramanta district in
the Caldas and Antioquia Departments of Colombia, and the Nortol project, including
the Papayo property, located in the Northern part of the Tolima
Department of Colombia. Amilot has recently disposed of its
Remedios Project, located in the Remedios/Segovia mining district
in Colombia. Amilot continues to
explore opportunities for the acquisition of additional mining
interests in prospective mining districts in Colombia.
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 of this
release. No stock exchange, securities commission or other
regulatory authority has approved or disapproved the information
contained herein.
Disclaimer for Forward-Looking Information
Certain statements in this release are forward-looking
statements, which reflect the expectations of management of Amilot.
Forward-looking statements consist of statements that are not
purely historical, including any statements regarding beliefs,
plans, expectations or intentions regarding the future, and include
discussion of what the parties must do to complete the matters
described herein. Such statements are subject to risks and
uncertainties that may cause actual results, performance or
developments to differ materially from those contained in the
statements. No assurance can be given that any of the events
anticipated by the forward-looking statements will occur or, if
they do occur, what benefits Amilot will obtain from them. These
forward-looking statements reflect management's current views and
are based on certain expectations, estimates and assumptions which
may prove to be incorrect. A number of risks and uncertainties
could cause actual results to differ materially from those
expressed or implied by the forward-looking statements, including:
(1) the occurrence of any events that prevent the parties from
performing the acts necessary to complete the matters described
herein; (2) failure to obtain the approval of the TSX Venture
Exchange; (3) current economic conditions and the state of mineral
exploration and mineral prices in general; and (4) other factors
beyond the parties' control. These forward-looking statements are
made as of the date of this news release and Amilot assumes no
obligation to update these forward-looking statements, or to update
the reasons why actual results differed from those projected in the
forward-looking statements, except in accordance with applicable
securities laws. Additional information about Amilot and these and
other assumptions, risks and uncertainties, are available in its
public filings with Canadian securities regulators, available under
its profile on SEDAR at www.sedar.com.
SOURCE Amilot Capital Inc.