British Columbia Court Decides in Favour of Barkerville Gold Mines (TSXV:BGM)
(Thomson Reuters ONE) -
Vancouver, British Columbia, April 15, 2013 - Barkerville Gold Mines Ltd.
("Barkerville" or the "Company") (TSXV:BGM) (Frankfurt:IWUB) wishes to announce
that the Supreme Court of British Columbia (the "Court") has decided in favour
of Barkerville by dismissing the application brought by Rex Harbour, The Harbour
Foundation and City Securities Ltd. (the "Petitioners") in the which the
Petitioners requested that the Court authorize the nomination of Andrew
Gustajtis for election as a director of the Company at the Company's annual
general meeting to be held April 16, 2013. The full text of the ruling is
available on our website at www.barkervillegold.com.
About Barkerville Gold Mines Ltd.
Since the mid-1990s the Company has focused on exploration and development of
gold projects in the Cariboo Mining District in central B.C. The Company's
mineral tenures cover 1,164 km(2) along a strike length of 60 km and approximate
width of 20 km, encompassing seven past producing hard rock mines and three NI
43-101 gold deposits, including the QR Mine & Mill. The QR Property was acquired
in February 2010 and includes a 900 tonne/day gold milling facility and a
permitted gold mine located approximately 110 kilometers by highway and all-
weather road from the Barkerville Gold Camp. The Company began pouring doré gold
in September 2010, continued until December 2011, and resumed in January 2013.
In November 2010, the Company acquired a second permitted mill currently on care
and maintenance in Revelstoke, B.C. In November 2010, the Company and the
Lhtako Dene First Nation also signed a Project Agreement in relation to its
Bonanza Ledge and Cariboo Gold Projects. The Company has completed significant
drilling and exploration programs and, together with the historical data, is
compiling all information to determine the geologic models and updated technical
reports to continue with exploration and development of the Cariboo Gold
projects.
This news release has been prepared on behalf of the Board of Directors of the
Company which takes full responsibility for its contents.
J. Frank Callaghan
President and CEO
CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION
Certain information in this news release is forward-looking within the meaning
of certain securities laws, and is subject to important risks, uncertainties and
assumptions. This forward-looking information includes, among other things,
information with respect to the Company's beliefs, plans, expectations,
anticipations, estimates and intentions, including the listing and trading of
the Company's common shares on the TSX Venture Exchange. The words "may",
"could", "should", "would", "suspect", "outlook", "believe", "anticipate",
"estimate", "expect", "intend", "plan", "target" and similar words and
expressions are used to identify forward-looking information. The forward-
looking information in this news release describes the Company's expectations as
of the date of this news release.
The results or events anticipated or predicted in such forward-looking
information may differ materially from actual results or events. Material
factors which could cause actual results or events to differ materially from
such forward- looking information include, among others, the Company's ability
to engage and retain qualified key personnel, employees and affiliates, to
obtain capital and credit and to protect its property rights.
The Company cautions that the foregoing list of material factors is not
exhaustive. When relying on the Company's forward-looking information to make
decisions, investors and others should carefully consider the foregoing factors
and other uncertainties and potential events. The Company has assumed a certain
progression, which may not be realized. It has also assumed that the material
factors referred to in the previous paragraph will not cause such forward-
looking information to differ materially from actual results or events. However,
the list of these factors is not exhaustive and is subject to change and there
can be no assurance that such assumptions will reflect the actual outcome of
such items or factors.
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE
EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS NEWS RELEASE AND,
ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE
UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS
INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT
UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
Contact:
InvestmentPitch.com
Barry Morgan, CFO
bmorgan(at)investmentpitch.com
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: InvestmentPitch via Thomson Reuters ONE
[HUG#1693190]
Unternehmensinformation / Kurzprofil:
Datum: 15.04.2013 - 16:55 Uhr
Sprache: Deutsch
News-ID 249139
Anzahl Zeichen: 5976
contact information:
Kategorie:
Business News
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