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SKANA Capital Corp.: Corporate Update
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 3,
2010) - SKANA Capital Corp. (TSX VENTURE:SKN) ("SKANA") announces that
the transaction with Sun River
Energy, Inc., a Colorado corporation ("Sun River") was not closed on January
31, 2010 as required under the terms of the agreement and previously disclosed
in a news release dated December 29, 2009. Pursuant to the definitive agreement (the "Agreement") it had with SKANA, Sun River agreed to purchase from SKANA 100% of
the outstanding common shares of
Raven Wing Resources, Inc. ("Raven Wing"), a wholly owned subsidiary of SKANA
for an all-cash purchase price of US$3,500,000.
View More : http://www.marketwire.com/mw/release.do?id=1112004&sourceType=3
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