|By Marketwired .||
|December 16, 2013 05:27 PM EST||
TORONTO, ONTARIO -- (Marketwired) -- 12/16/13 -- Rockcliff Resources Inc. ("Rockcliff") (TSX VENTURE: RCR) and Tawsho Mining Inc. (TSX VENTURE: TAW) ("Tawsho") wish to announce that they have mutually agreed to terminate the letter of intent for the business combination announced on December 9, 2013.
Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and uncertainties. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Companies are forward looking statements that involve various risks. The following are important factors that could cause the Companies' actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events may differ materially from those anticipated in such statements. Rockcliff undertakes no obligation to update such forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on such forward-looking statements.
Neither 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.