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SPF Silver Pursuit Resources Ltd

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Share Name Share Symbol Market Type
Silver Pursuit Resources Ltd TSXV:SPF 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 -

Silver Pursuit Amends La Tuna Agreement

13/07/2012 11:23pm

Marketwired Canada


NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES


Silver Pursuit Resources Ltd. (TSX VENTURE:SPF) (the "Company") announces that
further to its news releases of August 10, 2011, it, along with its wholly owned
subsidiary, First Pursuit Ventures de Mexico, S.A. de C.V. ("FPV Mexico"), have
further amended its agreement (the "Exploration Agreement") originally signed on
May 22, 2009 and amended August 8, 2011 with the vendor for the La Tuna Property
located in Sonora, Mexico (the "Amendment Agreement"). 


Subject to the TSX Venture Exchange approval, the parties agree that the
obligation for FPV Mexico to pay US$150,000 plus any taxes to the vendor on or
before the third anniversary of the execution of the Exploration Agreement be
amended whereby the Company will issue BLLB an aggregate of 1,000,000 shares in
its capital stock as follows: i) 833,333 shares in satisfaction of US$75,000 of
the scheduled US$150,000 payment of FPV Mexico due to the vendor of the property
on May 22, 2012; and ii) 166,667 shares in consideration of postponing the
remaining US$75,000 outstanding due date from May 22, 2012 to November 22, 2012.


All other terms and conditions of the Exploration Agreement remain the same.

ON BEHALF OF SILVER PURSUIT RESOURCES LTD.

Adrian Robertson, President, CEO and Director

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