CSE SYMBOL: SRS

Shamrock Enterprises Amends Fireweed Property Agreement

Shamrock Enterprises Inc. (CNSX: SRS) (the “Company”) is pleased to announce that it has successfully negotiated an additional extension to its property option agreement with Regulus Resources Inc. in regard to the Fireweed property located in the Babine Lake Area, Smithers B.C., Omineca Mining Division.

The Company and Regulus have agreed to extend the two remaining cash payments due February 17, 2014 and 2015 to February 17, 2015 and 2016.  Similarly, the work expenditure commitment due February 17, 2014 has been extended so that $200,000 is now due August 17, 2014 and the balance of $450,000 is due February 17, 2015.

The Company has also agreed to issue to Regulus 100,000 common shares in its capital, in consideration of the amendment to the option agreement. 

About Shamrock: Shamrock Enterprises Inc. is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of silver and other precious metal properties in North America. The Company’s common shares are listed and posted for trading on the Canadian National Stock Exchange ("CNSX") under the symbol "SRS".  On November 5, 2012 the Company received conditional listing from the TSX Venture Exchange.

 

On behalf of the Board,

 “Gordon Osinchuk”

 

President

 

For further information, please contact:

 Shamrock Enterprises Inc.

 

Gordon R. Osinchuk, Chief Executive Officer

Phone: (604) 722-1877

 

Neither the Canadian National Stock Exchange nor its Regulation Services Provider

accepts responsibility for the adequacy or accuracy of this release.