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Red Chris NI 43-101 Technical Report Filed

VANCOUVER, British Columbia, Nov. 29, 2021 (GLOBE NEWSWIRE) — Imperial Metals Corporation (the “Company”) (TSX:III) reports that the NI 43-101 Technical…

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VANCOUVER, British Columbia, Nov. 29, 2021 (GLOBE NEWSWIRE) — Imperial Metals Corporation (the “Company”) (TSX:III) reports that the NI 43-101 Technical Report for Red Chris has been filed by Newcrest Mining Limited. A copy of the report will be available on imperialmetals.com and the Canadian Securities Administrator’s “System for Electronic Document Analysis and Retrieval” (SEDAR).

The Technical Report has been prepared in accordance with National Instruction 43-101 – Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators (NI 43-101) and the provisions of Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Definition Standards – for Mineral Resources and Mineral Reserves May 2014 (the CIM Definition Standards) for filing on SEDAR.

The Mineral Resource and Mineral Reserve estimates in the Technical Report have been prepared under the direction of Qualified Persons as defined in NI 43-101, using accepted industry practice.

Mineral Resources and Mineral Reserves were initially classified using the 2012 edition of the Australasian Joint Ore Reserves Committee Code (the JORC Code). The confidence categories assigned under the JORC Code were reconciled to the confidence categories in the CIM Definition Standards. As the confidence category definitions are the same, no modifications to the confidence categories were required. Note that NI 43-101 does not allow for Inferred Mineral Resources to be added to other Mineral Resource categories.

Mineral Resources and Mineral Reserves in the Technical Reports are reported in accordance with the CIM Definition Standards. Terminology differences were addressed in that the term “Ore Reserves” in the JORC Code is reported as “Mineral Reserves” using the CIM Definition Standards, and the term “Proved Ore Reserve” in the JORC Code is reported as “Proven Mineral Reserves” using the CIM Definition Standards.

About Imperial

Imperial is a Vancouver based exploration, mine development and operating company. The Company, through its subsidiaries, owns a 30% interest in the Red Chris mine, and a 100% interest in both the Mount Polley and Huckleberry copper mines in British Columbia.

Company Contacts

Brian Kynoch | President | 604.669.8959
Darb Dhillon | Chief Financial Officer | 604.488.2658
Jim Miller-Tait | Vice President Exploration | 604.488.2676        

Cautionary Note Regarding Forward-Looking Statements

Certain information contained in this news release are not statements of historical fact and are “forward-looking” statements. Forward-looking statements relate to future events or future performance and reflect Company management’s expectations or beliefs regarding future events

In certain cases, forward-looking statements can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “outlook”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved” or the negative of these terms or comparable terminology. By their very nature forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. 

In making the forward-looking statements in this release, the Company has applied certain factors and assumptions that are based on information currently available to the Company as well as the Company’s current beliefs and assumptions. These factors and assumptions and beliefs and assumptions include, the risk factors detailed from time to time in the Company’s interim and annual financial statements and management’s discussion and analysis of those statements, all of which are filed and available for review on SEDAR at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended, many of which are beyond the Company’s ability to control or predict. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and all forward-looking statements in this news release are qualified by these cautionary statements. Such information is given only as of the date of this news release. The Company does not assume any obligation to update its forward-looking information to reflect new information, subsequent events or otherwise, except as required by law.

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Robex Resources Inc.: Retains Market-Making Services

QUEBEC CITY, Jan. 28, 2022 (GLOBE NEWSWIRE) — Robex Resources Inc. (“Robex”, the “Corporation”, the “Group” or the “Company”) (TSXV:…

QUEBEC CITY, Jan. 28, 2022 (GLOBE NEWSWIRE) — Robex Resources Inc. (“Robex”, the “Corporation”, the “Group” or the “Company”) (TSXV: RBX)  

Following the significant change in the share liquidity since the beginning of the year, the executive team has decided to retain a specialized services provider, subject to regulatory approval.

Robex has retained Venture Liquidity Providers Inc. (hereafter: VLP) to initiate its market-making service in order to assist in maintaining an orderly trading market for the common shares of the Company.

The market-making service will be undertaken by VLP through a registered broker, W.D. Latimer Co. Ltd., in compliance with the applicable policies of the TSX Venture Exchange and other applicable laws. For its services, the Corporation has agreed to pay VLP 5 000 CAD plus HST per month for a period of 3 months. Following the initial term, this agreement will automatically renew for successive additional 1-month terms. The agreement may be terminated at any time by the Corporation or VLP. The Corporation and VLP act at arm’s length, and VLP has no present interest, directly or indirectly, in the Corporation or its securities. The finances and the shares required for the market-making service are provided by W.D. Latimer. The fee paid by the Company to VLP is for services only.

VLP is a specialized consulting firm based in Toronto providing a variety of services focused on TSX-V-listed issuers.

For more information, the Robex management reports and consolidated financial statements are available on the Company’s website in the “Investors” section. These reports and other documents produced by the Company are also available at: sedar.com.

About ROBEX:

Robex Resources Inc. is a TSX-V listed Canadian mining company with exploration properties and an operating mine in Mali. The Group has a strong business model, which demonstrated great results with the Nampala mine. With this experience, Robex is now striving to grow in West Africa by acquiring and/or developing new mines.

For more information:

Benjamin Cohen, CEO

Aurélien Bonneviot, Investors relations and corporate development

[email protected]

Head office: +1-581-741-7421

This press release contains statements that may be considered “forecast information” or “forecast statements” in terms of security rights. These forecasts are subject to uncertainties and risks, some of which are beyond Robex’s control. Achievements and final results may differ significantly from implicit or explicit forecasts. These differences can be attributed to many factors, including the market volatility, the impact of the exchange rate and interest rate fluctuations, mispricing, the environment (tighter regulations), unforeseen geological situations, unfavourable operating conditions, political risks inherent in mining in developing countries, changes in government politics or regulations (laws and policies), an inability to obtain necessary permits and approvals from government agencies, or any other risk associated with mining and development. There can be no assurance that the circumstances set out in these forecasts will occur, or even benefit Robex. The forecasts are based on the estimates and opinions of the Robex management team at the time of publication. Robex makes no commitment to make any updates or changes to these publicly available forecasts based on new information or events, or for any other reason, except as required by applicable security laws. The TSX Venture Exchange or the Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) assumes no responsibility for the authenticity or accuracy of this press release.





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IIROC Trading Halt – NCU.WT

IIROC Trading Halt – NCU.WT
Canada NewsWire
TORONTO, Jan. 28, 2022

TORONTO, Jan. 28, 2022 /CNW/ – The following issues have been halted by IIROC:
Company: Nevada Copper Corp. 
TSX Symbol: NCU.WT  
All Issues: No
Reason: Pending Delisting
Halt Time …

IIROC Trading Halt – NCU.WT

Canada NewsWire

TORONTO, Jan. 28, 2022 /CNW/ – The following issues have been halted by IIROC:

Company: Nevada Copper Corp. 

TSX Symbol: NCU.WT  

All Issues: No

Reason: Pending Delisting

Halt Time (ET): 12:00 PM

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) – Halts/Resumptions






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Berman Tabacco Announces Investigation of Gatos Silver, Inc. (GATO) for Potential Securities Law Violations

Boston, Massachusetts–(Newsfile Corp. – January 28, 2022) – Berman Tabacco, a national law firm representing investors, is investigating potential securities…

Boston, Massachusetts–(Newsfile Corp. – January 28, 2022) – Berman Tabacco, a national law firm representing investors, is investigating potential securities law violations by Gatos Silver, Inc. (“Gatos” or the “Company”) (NYSE: GATO), a “silver dominant exploration, development and production company” with headquarters in Colorado.

On October 30, 2020, the Company completed its initial public offering of 21,430,000 shares of common stock at a public offering price of $7.00 per share.

On July 19, 2021, the Company completed a secondary public offering of 8,930,000 shares of common stock at a price of $14.00 per share.

On January 25, 2022, after the market close, the Company issued a press release disclosing that “[d]uring the Company’s resource and reserve update process for the Los Gatos Joint Venture (‘LGJV’), which included a detailed reconciliation of recent production performance, the Company concluded that there were errors in the technical report entitled ‘Los Gatos Project, Chihuahua, Mexico’ with an effective date of July 1, 2020 (the ‘2020 Technical Report’), as well as indications that there is an overestimation in the existing resource model.” The Company further noted that “[o]n a preliminary basis, the Company estimates a potential reduction of the metal content of [Cerro Los Gatos’] mineral reserve ranging from 30% to 50% of the metal content remaining after depletion.”

On this news, the Company’s common shares fell from $10.19 per share to close at $3.17 per share on January 26, 2022, a decline of $7.02 per share or 68.8%, on heavy volume.

If you purchased Gatos securities, sustained substantial losses, and would like to discuss your legal rights and/or options, please submit your information here.

Berman Tabacco is a national law firm representing institutions and individuals in lawsuits, seeking to recoup losses caused by corporate and board misconduct and violations of the securities and antitrust laws. The firm has offices in Boston, Massachusetts and San Francisco, California.

This notice may constitute attorney advertising.

Contact:

Berman Tabacco
Jay Eng, Esq.
One Liberty Square
Boston, Massachusetts
(800) 516-9926
Email: [email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/111962





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