Cairo Announces Termination of Letter of Intent with Newcastle Minerals and Execution of Share Exchange Agreement to Acquire Shares of Socialitize Limited

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/16/13 — Cairo Resources Inc. (TSX VENTURE: QAI.P) ("Cairo" or the "Company") announces the following:Termination of Letter of Intent with Newcastle Minerals Ltd.Further to a news release of October 22, 2012 and by mutual agreement the Company and Newcastle Minerals Ltd. have terminated their Letter of Intent dated October 17, 2012 with immediate effect and without any future liability.Acquisition of the Shares of Socialitiz