CSC Citizen Stash Cannabis Corp

Columbus Silver Corporation (TSX VENTURE:CSC) ("Columbus Silver") is pleased to
announce that Santa Fe Gold Corporation (OTCBB:SFEG) ("Santa Fe") has announced
it has obtained conditional debt financing to complete its acquisition of
Columbus Silver. Santa Fe obtaining such financing was a condition required
under the definitive acquisition agreement with Columbus Silver to be satisfied
on or before December 31, 2011. Columbus Silver has reviewed Santa Fe's credit
agreement and is satisfied with its form and content and with the conventional
nature of the remaining conditions, including without limitation Santa Fe
obtaining a successful title opinion on Columbus Silver's Mogollon property, the
implementation of security interests over certain assets of Santa Fe and
ultimately Columbus Silver, and several other requirements many of which are
standard in financing agreements. Now that Santa Fe has obtained the conditional
credit agreement, its acquisition of Columbus Silver remains subject to Columbus
Silver shareholder approval, as well as court and other applicable regulatory
approvals.


For additional details of the proposed acquisition, please see Columbus Silver's
news release of December 15, 2011.


ON BEHALF OF THE BOARD,

Robert F. Giustra, President & CEO, Director

This release contains forward-looking information and statements, as defined by
law including without limitation Canadian securities laws and the "safe harbor"
provisions of the US Private Securities Litigation Reform Act of 1995
("forward-looking statements"), respecting the proposed acquisition, proposed
date of completion thereof, and transactions ancillary thereto. Forward-looking
statements involve risks, uncertainties and other factors that may cause actual
results to be materially different from those expressed or implied by the
forward-looking statements, including without limitation the ability to acquire
necessary authorizations; Santa Fe's ability to satisfy the conditions to
obtaining capital under the credit agreement; Santa Fe's ability to obtain
sufficient capital under the credit agreement to complete the acquisition of
Columbus Silver; obtaining approval of the TSX Venture Exchange; obtaining
approval of Columbus Silver shareholders; obtaining court approval; obtaining
applicable US approvals; cost increases; possibility of a competing offer
arising; unforeseen circumstances; risks associated with the exploration
projects or title thereto held by Columbus Silver; mineral reserve and resource
estimates (including the risk of assumption and methodology errors); dependence
on third parties for services; non-performance by contractual counterparties;
title risks; and general business and economic conditions. Forward-looking
statements are based on a number of assumptions that may prove to be incorrect,
including without limitation assumptions about: that the required approvals
mentioned above will occur; that Santa Fe will be able to obtain required
financing in a timely fashion; the timing and receipt of required approvals;
that Columbus Silver shareholders will vote in favor of the Acquisition; that
required service providers will be available to assist with the transaction;
that items required for mandated disclosure are available; general business and
economic conditions; availability of financing; and ongoing relations with
employees, partners and joint venturers. The foregoing list is not exhaustive
and we undertake no obligation to update any of the foregoing except as required
by law.

Citizen Stash Cannabis (TSXV:CSC)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024

Citizen Stash Cannabis (TSXV:CSC)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024