Crosshair Terminates Letter of Intent With Wealth Minerals

Crosshair Terminates Letter of Intent With Wealth Minerals 
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 07/09/13 -- Crosshair
Energy Corporation (TSX:CXX)(OTCQB:CRHRF) ("Crosshair" or the
"Company") announces that it has terminated the Letter of Intent
("LOI") with Wealth Minerals Ltd. (TSX VENTURE:WML) to acquire all of
Wealth Minerals' uranium properties in Argentina. The LOI was
terminated by mutual agreement between Crosshair and Wealth. 
About Crosshair 
Crosshair is active in the exploration and development of uranium and
vanadium projects in North America. Its CMB Uranium/Vanadium Project,
located in Labrador, Canada, has four currently defined resources - C
Zone, Area 1, Armstrong and Two Time Zone. The Crosshair team is
composed of knowledgeable and experienced professionals with global
experience in exploration, mining and corporate finance that are
committed to operating in an environmentally responsible manner. 
ON BEHALF OF THE CROSSHAIR BOARD 
Mark J. Morabito, EXECUTIVE CHAIRMAN 
Cautionary Note Regarding Forward-Looking Information 
Information set forth in this news release may involve
forward-looking statements under applicable securities laws.
Forward-looking statements are statements that relate to future, not
past, events. In this context, forward-looking statements often
address expected future business and financial performance, and often
contain words such as "anticipate", "believe", "plan", "estimate",
"expect", and "intend", statements that an action or event "may",
"might", "could", "should", or "will" be taken or occur, or other
similar expressions. Forward-looking statements or information relate
to, among other things, the exploration potential of the Company's
properties. By their nature, forward-looking statements involve known
and unknown risks, uncertainties and other factors which may cause
our actual results, performance or achievements, or other future
events, to be materially different from any future results,
performance or achievements expressed or implied by such
forward-looking statements. Such factors include, among others, the
following risks: the risks associated with outstanding litigation, if
any; risks associated with project development; the need for
additional financing; operational risks associated with mining and
mineral processing; fluctuations in uranium and other commodity
prices; title matters; environmental liability claims and insurance;
reliance on key personnel; the potential for conflicts of interest
among certain officers, directors or promoters with certain other
projects; the absence of dividends; competition; dilution; the
volatility of our common share price and volume; tax consequences to
U.S. shareholders and other risks and uncertainties, including those
described in the Risk Factors section in the Company's Annual Report
on Form 20-F for the financial year ended April 30, 2012 filed with
the Canadian Securities Administrators and available at
www.sedar.com. Forward-looking statements are made based on
management's beliefs, estimates and opinions on the date that
statements are made and the Company undertakes no obligation to
update forward-looking statements if these beliefs, estimates and
opinions or other circumstances should change, except as required by
law. Investors are cautioned against attributing undue certainty to
forward-looking statements.
Contacts:
Crosshair Energy Corporation
JJ Jennex
Investor Relations
604-681-8030 x.240
604-681-8039 (FAX)
info@crosshairenergy.com
www.crosshairenergy.com
 
 
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