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Salmon River Provides Update About Treppo Grande Iron Acquisition

Salmon River Resources Ltd. (SAL.V)today provided a further update about its proposed acquisition of Treppo Grande Iron Pty Limited. The acquisition was to be completed by 5.00 pm last Friday.

Salmon River advises that discussions continue with the vendor. The company is also continuing discussions with an investment group regarding several stages of funding that, when and if completed, will be sufficient for the company to meet all its current financial commitments, including payments due to the vendor, payment of all outstanding accounts payable of the company and funding of current exploration and operating expenses.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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