Kivalliq Energy (TSX-V:KIV) CEO Jim Paterson Breaks Down the Genesis Transaction with Westham Resources

Kivalliq Energy (TSXV:KIV) CEO, Jim Paterson, spoke to Resource Investing News at the Canadian Investor Conference in Vancouver about the recent transaction with Westham Resources for the Genesis property in Saskatchewan. Mr. Paterson says, “It’s a great deal. We get to explore, we get to work with a very strong group in the form of Westham which will be called Roughrider Exploration Ltd. upon the closing of the transaction… our shareholders will benefit without dilution.” In 2014, shareholders should watch out for an exploration program, as well as execution and results, on the Genesis property.

Kivalliq Energy Corporation (TSX-V: KIV) is a Vancouver-based uranium exploration company holding Canada’s highest-grade uranium resource outside of Saskatchewan’s Athabasca Basin. Its flagship project, the 304,257 acre Angilak Property in Nunavut Territory, hosts the Lac 50 Trend with a NI 43-101 Inferred Resource of 2,831,000 tonnes grading 0.69% U3O8, totaling 43.3 million pounds U3O8. Kivalliq’s comprehensive exploration programs continue to advance the Lac 50 Trend and demonstrate the “District Scale” potential of the Angilak Property.