/EINPresswire.com/ -- VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 10/30/15 -- Oakham Capital Corp. (NEX: OKM.H) ("Oakham" or the "Company") announces that the Company will not be pursuing the purchase of the Frederikson Property in the Labrador Trough, Quebec, as previously announced in a news release dated January 28, 2015.

The Company intends to seek an alternative Qualifying Transaction and will be making application for the reinstatement of trading of the Company's common shares on the NEX board of the TSX-V.

ON BEHALF OF THE BOARD

David Patterson

CEO and Director

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:
Oakham Capital Corp.
David Patterson
CEO and Director
(604) 683-0564

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.