Adanac Molybdenum Corporation Shareholder Update
(firmenpresse) - SURREY, BRITISH COLUMBIA -- (Marketwired) -- 02/23/15 -- Adanac Molybdenum Corporation ("Adanac" or the "Company") (TSX VENTURE: AUA) announces the following shareholder update.
Adanac has retained KPMG Corporate Finance Inc. on an exclusive basis to assist the Company in exploring strategic options with respect to its business, including the Ruby Creek Project ("Ruby Creek"). Such options could potentially include raising additional capital, finding a strategic partner, or monetizing assets. Ruby Creek is an undeveloped primary molybdenum deposit located approximately 24 kilometers northeast of Atlin, British Columbia.
Adanac believes that Ruby Creek offers significant investment potential:
Public filings relating to the Company are available via the Adanac website at and on SEDAR at .
Cautionary Notice: This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information in this news release includes, but is not limited to, the range of strategic options being considered by management and management's belief that Ruby Creek offers significant investment potential. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects", or "does not expect", "is expected", "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". Forward-looking information is based on the opinions and estimates of management at the date the information is made, and is based on a number of assumptions and subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward looking information. Many of these assumptions are based on factors and events that are not within the control of the Company and there is no assurance they will prove to be correct. Although Adanac believes that the expectations and assumptions on which the forward-looking information is based are reasonable, undue reliance should not be placed thereon. Factors that could cause actual results to vary materially from results anticipated by such forward looking information include risk factors discussed in the Company's public filings available at . 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 information, there may be other factors that cause actions, events or results not to be anticipated, estimated or intended. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change, except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking information.
THE TSX VENTURE EXCHANGE INC. HAS NEITHER APPROVED NOR DISAPPROVED THE CONTENTS OF THIS NEWS RELEASE. 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 NEWS RELEASE.
Contacts:
Adanac Molybdenum Corporation
Leonard J. Sojka
President & Chief Executive Officer
778.578.6834
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Datum: 23.02.2015 - 21:06 Uhr
Sprache: Deutsch
News-ID 373511
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contact information:
Town:
SURREY, BRITISH COLUMBIA
Kategorie:
Mining & Metals
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