December
9, 2009, Vancouver, Canada.
Next Gen Amends terms of Agreement for Silver Chalice Project, Alaska |
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Next Gen Metals Inc. (“Next Gen” or the “Company”) (N: CNSX)
today reports that, pursuant to its news release of December 7, 2009 announcing the agreement with a privately owned Alaska corporation to acquire a 100% interest in the Silver Chalice epithermal gold/silver project in Alaska, the exercise price of the 300,000 warrants issuable to the vendor under the agreement has been increased to Cdn$0.32 per share from Cdn$0.30 per share. All other terms of the acquisition agreement remain as previously announced.
About Next Gen Metals Inc.
Next Gen Metals Inc. is focused on acquiring projects that demonstrate the potential for world class discovery.
The newest company to join the International Metals Group, “Next Gen Metals Inc.” is currently listed on the CNSX exchange, trading symbol “N”. The new Board of Directors are comprised in part with directors from the International Metals Group who, along with the new management group, have a combined 150 years or more of experience in all aspects of running public companies related to the resource industry.
On behalf of the Board of Directors
"Harry Barr"
Harry Barr, President & CEO, Next Gen Metals Inc.
The Canadian National Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Disclaimer: This news release may contain certain "forward-looking statements". All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the British Columbia Securities Commission and available at www.sedar.com or filed with the Canadian National Stock Exchange. Any forward-looking statements are not guarantees of the Company's future performance and are subject to risks and uncertainties that could cause actual results, developments, and business decisions to differ materially from those contemplated by any forward-looking statements.
Except as required by law, the Company undertakes no obligation to update any forward-looking statements.
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For Further information, call toll free
1.800.667.1870, Tel: 604.685.1870
www.nextgenmetalsinc.com info@nextgenmetalsinc.com
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