ALDT RESO 813 14th St., Suite A Golden, CO 80401
Tel: 1 303 955 5830
Fax: 1 303 862 5900
www.aldershotresources.com mleidich@aldershotresources.com
Suite 1500
885 West Georgia Street Vancouver, BC, Canada V6C 3E8
Tel: 1 604 682 6718
Fax: 1 604 682 6722
June 26, 2014 TSX.V SYMBOL: ALZ NEWS RELEASE Aldershot Sells Australian Property
• Aldershot's 100% owned Turee Creek license was sold for CAD $306,000 (AUD
$300,000)
On June 1, 2012, the Company agreed to grant FMG an option to acquire the Turee Creek licence by the payment of a non-refundable amount of $256,625 (AUD $250,000) which gave FMG the exclusive right to evaluate the licence for a period of two years (expiring on June 1,
2014). FMG exercised its option on June 12, 2014, to acquire the license for an additional CAD
$306,000 (AUD $300,000). This was the last property that Aldershot had in Australia.
A portion of the proceeds were used to completely repay the balance of its loan from Royal Resources AUD $221,562 (CAD $226,000) including all accrued interest. The Company is now debt free. The remaining funds will be used for exploration activities and operating expenses.
Current exploration activates are focused on the planed drilling campaign for the Utah Irons
Sands project and the continued development of the three uranium/vanadium projects.
Royal is a mineral exploration and development company focused on mineral resources in the United States of America. Royal utilizes an acquisition selection process that ensures each property takes advantage of Aldershot's skilled analytics, jurisdictional awareness, and close industry relationships to shorten the path to production.
Royal recently completed a very successful project at its Sage Plain Project. Royal initiated an exploration project in the Sage Plain area located approximately 15 miles east of Monticello, Utah. Royal then entered into a 50:50 partnership with Energy Fuels Resources ("EFR") to form the Colorado Plateau Partners LLC. Royal was the manager of the Sage Plain Project through
2
the exploration portion of development. As was previously reported, the Sage Plain Project is in the mine permitting phase and was recently sold to Energy Fuels Inc. (TSX-EFR).
About Aldershot Resources Ltd.Aldershot Resources Ltd., based in Vancouver, Canada, is a mineral exploration company with a portfolio of magnetite, uranium and vanadium properties in the United States. Shares of the Company are listed for trading on the TSX Venture Exchange and there are 159,742,975 shares outstanding.
Qualified Person Statement
Michael G. Leidich, P.Eng., a qualified person as defined in NI 43-101, has reviewed and approved this news release but has not verified the data disclosed above, nor done any sampling, analytical, or test data underlying the information or opinions contained in the disclosures included in this Press Release.
FOR AND ON BEHALF OF THE BOARD
"Michael G. Leidich"
President and Chief Executive Officer
Aldershot Resources Ltd
Michael G. Leidich
President and Chief Executive Officer
(303) 955-5820
Email: info@aldershotresources.com
Website: www.aldershotresources.com
This news release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended and "Forward Looking Information" within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward-looking statements and forward-looking information that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time-to-time with the British Columbia and Alberta Securities Commissions.
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