Colt Resources Inc.

The Securities Litigation Group at Kim Spencer McPhee Barristers P.C. f/k/a Morganti & Co., P.C., announces that the settlement reached in the class action against Colt Resources Inc., (“Colt”), Nikolas Perrault, Shahab Jaffrey, Joe Kin Foon Tai, and Paul Yeou, alleging misrepresentation in connection with Colt’s investment in a Turkish company in July of 2016, has been approved by the Ontario Superior Court of Justice (the “Court”). The settlement provides for the payment by the Defendants of the total amount of CDN$950,000, to resolve those claims (th...

MONTREAL, Quebec, March 26, 2018 (GLOBE NEWSWIRE) -- Colt Resources Inc. (“Colt” or the “Company”) (TSXV:GTP) (FRA:P01) (OTC Pink:COLTF) announces that its wholly owned subsidiary, Q.S.P.A. - SOCIEDADE VITÍCOLA UNIPESSOAL, LDA., (“QSPA”), sold its winery in Portugal for gross proceeds of approximately €3.7 million net of transaction costs and subject to closing adjustments. Closing adjustments continue to be negotiated. Once closing adjustments are finalized, QSPA anticipates receiving net proceeds of approximately €125,000 a...

MONTREAL, QUEBEC--(Marketwired - Dec. 28, 2017) - Colt Resources Inc. ("Colt" or the "Company") (TSX VENTURE:GTP)(FRANKFURT:P01)(OTC PINK:COLTF) announces that Mr. Stefan Müller, the CEO of DGWA Deutsche Gesellschaft für Wertpapieranalyse GmbH ("DGWA"), has advised the Company that he has issued a press release in relation to the Company. Mr. Müller also sent a letter to the board of directors of the Company (the "Board"). Mr. Müller claims that he represents the interests of shareholders of Colt holding a...