Replies to post #243 on Orsu Metals Corp (ORSUF)

[Myth]

Orsu Metals Announces Termination of Letter of Intent
TSX.V: OSU
www.orsumetals.com
Mr. Sergey Kurzin reports:

VANCOUVER, BC / ACCESSWIRE / October 14, 2022 / Orsu Metals Corporation (TSXV:OSU) ("Orsu" or the "Company") entered into a non-binding letter of intent (the "LOI") with Invenir Ltd. and Skyfire Ltd. (collectively, the "Target Companies") with respect to a business combination that would result in a reverse takeover and change of business of Orsu (the "Proposed Transaction"), as announced in the Company's press release dated May 24, 2022. Pursuant to the LOI, the Proposed Transaction was subject to completion prior to September 30, 2022 (the "Outside Date"). As the Proposed Transaction was not completed by the Outside Date, the Target Companies terminated the LOI effective today.

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/910-tsx-venture/osu/129509-orsu-metals-announces-termination-of-letter-of-intent.html

Orsu has made a request to reinstate the Company's common shares for trading on the TSX Venture Exchange.