2015 News

Vancouver, British Columbia - Artha Resources Corporation ("Artha" or the "Company") (TSX.V: AHC) announces that it has entered into a Termination Agreement with the property holder in connection with the Aguilar Option/Joint Venture Agreement made effective September 18, 2012 (the "Option Agreement").

Pursuant to the terms of the Termination Agreement, the Company has agreed to settle its outstanding obligations under the Option Agreement in consideration for (i) the issuance to the property holder or its nominee of 1,500,000 units at a deemed price of $0.12 per unit, each unit consisting of one common share and one-half of one warrant, with each whole warrant entitling the holder to purchase for 24 months from the date of issuance a common share of the Company at an exercise price of $0.18 per share; and (ii) the payment to the property holder or its nominee of US$40,000.

All common shares issued under the Termination Agreement will be subject to a hold period of four months and one day from the date of issuance. The debt settlement contemplated by the Termination Agreement is subject to approval of the TSX Venture Exchange.

On Behalf of the Board of Directors

"Todd McMurray"
President

For Information Contact:

Todd McMurray
President

Neither the TSX Venture Exchange Inc. nor any securities regulatory authority has in any way passed upon the merits of the reverse takeover described in this Information Circular.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Forward-Looking Statements

This news release includes certain statements that constitute "forward-looking information" within the meaning of applicable Canadian securities laws. Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. The forward-looking statements included in this news release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.

Subscribe to our Email List