CSE SYMBOL: SRS

Shamrock Enterprises Inc. Receives Work Commitment Extension

News Release 

CSE: SRS

December 15, 2016

 

Vancouver, British Columbia – Shamrock Enterprises Ltd. (the “Company”) (CSE-SRS) announces that Regulus Resources Inc. has granted the Company a 60 day extension to the firm annual work commitment due December 17, 2016 pursuant to the Letter of Understanding dated February 17, 2010, as amended January 18, 2013, November 25, 2013, February 11, 2015, August 17, 2015 and December 18, 2015.

The firm annual work commitment of $100,000 (cumulative total $950,000) is now due by February 17,

2017. All other terms and conditions of the Agreement remain the same.

The current Drill Program at Fireweed is testing the South Zone polymetallic target which hosts a broad magnetic response and a geochemical base-metal anomaly. A mineralized  float sample from the South Zone assayed 479 g/t silver, 2.6 g/t gold, 0.28% copper, 1.3% lead and 2.6% zinc.

The contents of this news release have been reviewed and approved by Plen Dickson, P.Eng., a Qualified Person as defined in National Policy 43-101.

Shamrock Resources Ltd. is a junior exploration mining company focused on the procurement, exploration and development of silver and other precious metal properties in North America.

On behalf of the Board,

“Bob Faris”

CEO

For further information, please contact:

Shamrock Enterprises Inc.

Bob Faris, Chief Executive Officer

Phone: (604) 880-2121

Neither the Canadian Securities Exchange nor its Regulation Services Provider

accepts responsibility for the adequacy or accuracy of this release.

Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as “forward-looking statements”. Forward looking statements may be identified by words including “anticipates”, “believes”, “intends”, “estimates”, “expects” and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company’s future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements. Readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance on forward-looking statements.  Any forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, except in accordance with the applicable laws.