TSX Venture Exchange:
RBE
VANCOUVER, Jan. 30, 2017 /CNW/ - RockBridge Resources
Inc. ("RockBridge" or the "Company" – TSXV symbol: RBE) had signed
a letter of intent with 1016677 B.C. Ltd. ("677") regarding the
proposal to amalgamate to form a new issuer ("Amalco") to be listed
on the Canadian Securities Exchange ("CSE"). 677 held certain
rights with respect to a proposed medical marijuana facility. 677
has now advised that it will not be proceeding with the proposed
amalgamation and related transactions.
RockBridge will now again be seeking and considering various
viable strategic alternatives, including a possible merger with
another resource or non-resource company.
With the cancellation of the proposed amalgamation, RockBridge
anticipates that its shares will resume trading on the TSX Venture
Exchange shortly.
ROCKBRIDGE RESOURCES INC.
"Steve Mathiesen"
Steve
Mathiesen, President & CEO
This news release may include statements about expected
further events and/or financial results that are forward-looking in
nature and subject to risks and uncertainties. RockBridge cautions
that actual performance will be affected by a number of factors,
many of which are beyond its control. Future events and results may
vary substantially from what RockBridge currently foresees.
Discussion on the various factors that may affect future results is
contained in RockBridge' s recent filings, available on
SEDAR.
Neither the TSX Venture Exchange Inc. nor its Regulation
Service Provider (as that term is defined in the policies of the
TSX Venture Exchange Inc.) accepts responsibility for the adequacy
or accuracy of this news release.
SOURCE RockBridge Resources Inc.