Dalradian Resources Inc. Dalradian Reminds Warrant Holders Of July 31 Expiry

 
TIDMDALR 
 
 
   Dalradian reminds warrant holders of July 31 expiry 
 
   TORONTO, July 18, 2017 /Marketwired/ - Dalradian Resources Inc. 
(TSX:DNA; AIM:DALR)  ("Dalradian" or the "Company") reminds those 
investors who are holding share purchase warrants issued on July 31, 
2014 with an exercise price of $1.50 that this series of warrants will 
be expiring on July 31, 2017. Investors wishing to exercise their 
warrants should contact Dalradian's transfer agent, Computershare 
Investor Services at [phone]. 
 
   The warrants were issued as part of a bought-deal financing, where each 
unit consisted of one common share of the Company and one-half of one 
common share purchase warrant. These warrants are currently trading on 
the TSX exchange under the symbol DNA.WT and after the expiry date of 
July 31, 2017, will be delisted. 
 
   About Dalradian Resources Inc. 
 
   Dalradian Resources Inc. is a gold exploration and development company 
that is focused on advancing its high-grade Curraghinalt Gold Project 
located in Northern Ireland, United Kingdom. 
 
   For more information: 
 
   Marla Gale 
 
   Vice President Communications 
 
   [phone] 
 
   [e-mail] 
 
   Grant Thornton UK LLP (Nominated Adviser) 
 
   Philip Secrett / Richard Tonthat 
 
   [phone] 
 
   Canaccord Genuity Limited (Broker) 
 
   Henry Fitzgerald-O'Connor / Martin Davison 
 
   [phone] 
 
   FORWARD LOOKING STATEMENTS 
 
   This press release contains "forward looking information" which may 
include, but is not limited to, statements with respect to the future 
financial or operating performance of the Company and its subsidiary and 
its mineral project, the future price of metals, test work and 
confirming results from work performed to date, the estimation of 
mineral resources and mineral reserves, the realization of mineral 
resource and mineral reserve estimates, the timing and amount of 
estimated future production, costs of production, capital, operating and 
exploration expenditures, costs and timing of the development of new 
deposits, costs and timing of future exploration, requirements for 
additional capital, government regulation of mining operations, 
environmental risks, reclamation expenses, title disputes or claims, 
limitations of insurance coverage, the timing and possible outcome of 
pending regulatory matters and the realization of the expected 
production, economics and mine life of the Curraghinalt gold deposit. 
Often, but not always, forward looking statements can be identified by 
the use of words and phrases such as "plans", "expects", "is expected", 
"budget", "scheduled", "estimates", "forecasts", "intends", 
"anticipates", or "believes" or variations (including negative 
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 statements are based on the opinions and estimates of 
management as of the date such statements are made and are based on 
various assumptions such as the continued political stability in 
Northern Ireland, that permits required for Dalradian's operations will 
be obtained on a timely basis in order to permit Dalradian to proceed on 
schedule with its planned exploration and mine development, construction 
and production programs, that skilled personnel and contractors will be 
available as Dalradian's operations commence and continue to grow 
towards production and mining operations, that the price of gold will be 
at levels that render Dalradian's mineral project economic, that the 
Company will be able to continue raising the necessary capital to 
finance its operations and realize on mineral resource and mineral 
reserve estimates and current mine plans, that the assumptions contained 
in the Company's Technical Report dated January 25, 2017 are accurate 
and complete, that the results of the ESIA will be positive and that a 
permitting application for mine construction will be approved. 
 
   Forward looking statements involve known and unknown risks, 
uncertainties and other factors which may cause the actual results, 
performance or achievements of Dalradian to be materially different from 
any future results, performance or achievements expressed or implied by 
the forward-looking statements. Such factors include, among others, 
general business, economic, competitive, political and social 
uncertainties; the actual results of current and future exploration 
activities; the actual results of reclamation activities; conclusions of 
economic evaluations; meeting various expected cost estimates; changes 
in project parameters and/or economic assessments as plans continue to 
be refined; future prices of metals; possible variations of mineral 
grade or recovery rates; the risk that actual costs may exceed estimated 
costs; failure of plant, equipment or processes to operate as 
anticipated; accidents, labour disputes and other risks of the mining 
industry; political instability; delays in obtaining governmental 
approvals or financing or in the completion of development or 
construction activities, as well as those factors discussed in the 
section entitled "Risk Factors" in the Company's Annual Information Form 
for the year ended December 31, 2016 dated March 23, 2017 (the "AIF"). 
 
   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 to differ from those 
anticipated, estimated or intended. Forward looking statements contained 
herein are made as of the date of this press release and the Company 
disclaims any obligation to update any forward-looking statements, 
whether as a result of new information, future events or results, except 
as may be required by applicable securities laws. 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. 
 
   This announcement is distributed by Nasdaq Corporate Solutions on behalf 
of Nasdaq Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Dalradian Resources Inc. via Globenewswire 
 
 
  http://www.dalradian.com/ 
 

(END) Dow Jones Newswires

July 18, 2017 12:05 ET (16:05 GMT)

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