March 27 (Reuters) - Karora Resources Inc KRR.TO :
- KARORA RESOURCES PROVIDES UPDATE ON EXCLUSIVE DISCUSSIONS
- KARORA RESOURCES - NOTES ANNOUNCEMENT TODAY BY RAMELIUS RESOURCES THAT IT IS NO LONGER IN EXCLUSIVE DISCUSSIONS WITH KARORA REGARDING A POTENTIAL DEAL
- EVEN IF A FINAL TRANSACTION IS AGREED UPON, THERE CAN BE NO ASSURANCES AS TO ITS TERMS, STRUCTURE OR TIMING
- CONFIRMS THAT IT IS CURRENTLY ENGAGED IN EXCLUSIVE NEGOTIATIONS WITH NEW THIRD PARTY REGARDING A POTENTIAL BUSINESS COMBINATION
- NO DEFINITIVE AGREEMENT HAS BEEN REACHED AND THERE CAN BE NO ASSURANCE THAT ANY TRANSACTION WILL RESULT FROM THESE DISCUSSIONS
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