Melior Announces Resumption of Trading and Corporate Update
19 Maio 2020 - 10:38AM
Melior Resources Inc. (TSXV: “
MLR”)
(“
Melior” or the “
Company”)
announces that, following the requisite filings of all outstanding
continuous disclosure documents in accordance with instructions
from the Ontario Securities Commission, the Company is up to date
with all of its continuous disclosure obligations and the Company
has received confirmation that the cease trade order has been
lifted and its common shares will resume trading on the TSX Venture
Exchange on May 19, 2020.
Harrison South Project
The Company has received final approval from the
TSX Venture Exchange over to the option agreement with Bear
Mountain Gold Mines Limited to acquire a 60% interest in five
mineral titles near Harrison Hot Springs, British Columbia (the
“Harrison South Project”). In this regard,
the Company will very shortly file an independent technical report
prepared in accordance with National Instrument 43-101 entitled
“Report on the Harrison South Gold Project”. A copy of the
technical report will be available on SEDAR (www.sedar.com) and the
Company’s website (www.meliorresources.com).
Standstill Agreement
Further to its press release of April 17, 2020 regarding the
Default Notice received from Pala Investments Ltd
(“Pala”) and the subsequent Standstill Agreement
entered into with Pala. The Company has entered into a
further standstill amending agreement with Pala pursuant to which
Pala has agreed to extend the standstill period until July 31,
2020.
MELIOR RESOURCES INC.Martyn
ButtenshawInterim Chief Executive
Officer+41 41 560
9070info@meliorresources.com
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.
Melior Resources (TSXV:MLR)
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