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CZH

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Delayed by 15 minutes
Share Name Share Symbol Market Type
TSXV:CZH TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Crazy Horse Provides Operational Update

21/01/2013 5:19pm

Marketwired Canada


Crazy Horse Resources Inc. (TSX VENTURE:CZH) (the "Company") reports that it is
continuing its extensive efforts to pursue a sale or a joint venture of the
Taysan Property, for which, as previously announced, the Company has engaged
Regent Advisors LLC. These efforts are ongoing and the Company will provide
additional information as it becomes available.


The Company's Taysan exploration permit is up for routine renewal in March 2013,
for which the full application has been submitted. The Company has also
submitted the application for the Financial or Technical Assistance Agreement,
which is expected to be available for issuance when the government has completed
its policy review of general fiscal terms for the mining industry, which is
likely to be legislated after the national elections to be held in May 2013. 


The Company has initiated aggressive cost cutting measures across all
departments in efforts to conserve cash while focusing on a sale or joint
venture of the Taysan Property. 


ON BEHALF OF THE BOARD OF CRAZY HORSE RESOURCES INC.

MITCH ALLAND, President and C.E.O.

This press release includes "forward-looking statements" including forecasts,
estimates, expectations and objectives for future operations that are subject to
a number of assumptions, risks and uncertainties, many of which are beyond the
control of Crazy Horse Resources Inc. There is no assurance that the Company
will be successful in completing a sale or joint venture particularly in light
of the current economic climate and the resulting valuation of commodities
including copper. Such forward-looking information represents management's best
judgment based on information currently available. No forward-looking statement
can be guaranteed and actual future results may vary materially. Crazy Horse
Resources Inc. does not assume the obligation to update any forward-looking
statement, except as required by applicable law.


FOR FURTHER INFORMATION PLEASE CONTACT: 
KIN Communications Inc.
Investor Relations
1-866-684-6730
Ir@kincommunications.com

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