/EINPresswire.com/ -- VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 04/05/16 -- Karsten Energy Corp. (TSX VENTURE: KAY) ("Karsten" or the "Company") announces that it has terminated its option to acquire an undivided 100% interest in certain claims known as the Mackenzie Mountains Iron-Copper Property from Metallis Resources Inc. ("Metallis"). Pursuant to the terms of the option agreement, the Company paid Metallis the sum of $11,201 and has no further obligations.

Neither the 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 release.

Contacts:
Karsten Energy Corp.
Murray Oliver
President and Chief Executive
604-687-0888

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.