CSE SYMBOL: SRS

Shamrock Enterprises Terminates Option On Fireweed Property

News Release

CSE: SRS

September 29, 2017

 

Shamrock Enterprises Inc.  (“Shamrock” or the “Company”), a Canadian mineral exploration company, announces it has provided 30 day written notice to Regulus Resources Inc. that it wishes to withdraw from and terminate its option to acquire a 50% interest in the Fireweed Silver Project, located near Smithers B.C.

Pursuant to the revised agreement announced February 4th 2016, Shamrock has an option to acquire a 50% interest in the project by completing work expenditures totaling $1,500,000 by December 17, 2020, by making cash payments totaling $300,000 to Regulus by December 17, 2019 and by issuing 1,000,000 shares over the next five years.

President and CEO, Bob Faris, comments:

“Shamrock Enterprises will focus its efforts on acquiring majority interests in additional mineral exploration projects in North America and the exploration of the Topley Richfield polymetallic project near Smithers and the Homathko Gold project in Caribou region of British Columbia.”

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 Securities Exchange ("CSE") under the symbol "SRS".

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