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KYM Kirrin Resources Inc.

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Delayed by 15 minutes
Share Name Share Symbol Market Type
Kirrin Resources Inc. TSXV:KYM 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 -

Kirrin Resources Bottom Brook REE Project Awarded $100,000 Grant by Government of Newfoundland and Labrador

02/11/2011 12:30pm

Marketwired Canada


Kirrin Resources Inc. (TSX VENTURE:KYM) today announced that it has been advised
by the Department of Natural Resources of the Province of Newfoundland and
Labrador that Kirrin's application for Junior Exploration Assistance under the
Mineral Incentive Program has been successful. The grant of $100,000 will be
used for the drilling program at the Bottom Brook project scheduled to commence
shortly.


Kirrin President and CEO Derek Moran commented: "The Junior Exploration
Assistance program is just one example of the encouragement we have received
since we commenced exploration in the Province of Newfoundland and Labrador. Its
Department of Natural Resources has been of considerable support to Kirrin,
displaying both pragmatism and commercial understanding."


Kirrin also announced that it expects the private placement announced on October
20, 2011 to close on or about November 23, 2011.


Additional information relating to Kirrin is available on Kirrin's web site at
www.kirrinresources.com and on SEDAR at www.sedar.com. 


Kirrin is a Canadian green energy company that explores for rare earth elements
and uranium. In addition to its exploration activities, Kirrin seeks to enhance
its capitalization and the quality of its portfolio by utilising its
management's broad industry and international experience in the identification
of suitable rare earth elements and uranium companies and green energy assets
for acquisition, merger, strategic partnership or joint venture. Its strategy is
well defined: enhancing shareholder value by combining technical expertise,
corporate development skills and professional management. Kirrin's shares trade
on the TSX Venture Exchange under the symbol KYM.


To receive company news releases via e-mail, please advise aman@chfir.com and
specify "Kirrin News" in the subject line.


Forward-looking information: Except for statements of historical fact, all
statements in this news release including, without limitation, future plans and
objectives of the Company are forward-looking statements which involve risks and
uncertainties. Specifically, this news release contains forward-looking
statements concerning an exploration program. There can be no assurance that
such statements will prove to be accurate; actual results and future events
could differ materially from those expressed or implied by such forward-looking
information and undue reliance should not be placed on it. The anticipated time
frame of the planned exploration program assumes the availability of personnel
and equipment from third parties, the receipt of funds from a financing in
progress and that the Company will continue to allocate sufficient priority to
this work relative to its finite cash resources for its overall exploration
activity. In each case the risk factors that could cause actual results to vary
from results expressed or implied by the forward-looking statements contained in
this news release are primarily events beyond Kirrin's control. These
forward-looking statements are made as of the date hereof and except as required
by applicable securities legislation, the Company undertakes no obligation to
publically update or revise forward-looking information, whether as a result of
new information, future events or otherwise.


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