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TGX TGX Energy and Resources Inc

0.065
0.00 (0.00%)
04 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
TGX Energy and Resources Inc TSXV:TGX TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.065 0.05 0.065 30 12:02:12

True North Gems Announces AGM Results

27/06/2014 7:25pm

Marketwired Canada


True North Gems Inc. (TSX VENTURE:TGX) ("True North" or the "Company") is
pleased to announce shareholders approved all resolutions brought before them at
the Company's Annual General Meeting ("AGM") held in Vancouver, British Columbia
on June 26, 2014.


"It is always pleasing to have the full support of Shareholders but especially
as we progress from the Exploration phase into Production. With the strong
prices being attained in the rough sector of the gemstone industry, in
particular and very recently Ruby, I believe our investors can now see the
possibilities that the Board and management have always recognized," commented
President and CEO Nicholas Houghton. 


The Company continues to work with various parties to complete project financing
and engineering, and we expect to provide an update on these activities in due
course.


Visit our website: www.truenorthgems.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. 


This document contains "forward-looking information" and "forward-looking
statements" (together, "forward-looking statements") within the meaning of
applicable securities legislation, which are made as of the date of this
document or the document(s) referred to herein. Statements that express
predictions, expectations, beliefs, plans, projections, objectives, assumptions
or future events or performance (often, but not always, using words or phrases
such as "expects," "anticipates," "plans," "projects," "estimates," "intends,"
"strategy," "goals," "objectives" or variations thereof or stating that certain
actions, events or results "may," "could," "would," "might" or "will" be taken,
occur or be achieved, or the negative of any of these terms and similar
expressions) are not statements of historical fact and may be forward-looking
statements. Forward-looking statements include, without limitation, statements
with respect to: the amount of mineral reserves and mineral resources; the
amount of future production over any period; net present value and internal
rates of return of the proposed mining operation; capital costs; operating
costs; strip ratios and mining rates; and mine life. The forward-looking
statements are made based upon certain assumptions which, if untrue, could cause
the actual results, performances or achievements of the Company to be materially
different from future results, performances or achievements expressed or implied
by the forward-looking statements. 

These assumptions include, without limitation: the price of gemstone products
produced; anticipated costs; the presence of and continuity of gemstones at
modeled grades and values; the capacities of various machinery and equipment;
the availability of personnel, machinery and equipment at estimated prices;
exchange rates; appropriate discount rates; tax rates applicable to the proposed
mining operation; financing structure and costs; anticipated mining losses and
dilution; gemstone recovery rates; reasonable contingency requirements; and
receipt of regulatory approvals on acceptable terms. By their very nature,
forward-looking statements involve inherent risks and uncertainties that could
cause actual results, performances or achievements to differ materially from
those in the forward-looking statements. These include, without limitation:
price volatility, discrepancies between actual and estimated production, mineral
reserves and resources and metallurgical recoveries, mining operational and
development risks, regulatory restrictions (including environmental regulatory
restrictions and liability), activities by governmental authorities (including
changes in taxation), currency fluctuations, the speculative nature of gemstone
exploration, the global economic climate, dilution, share price volatility,
competition, loss of key employees; additional funding requirements and
defective title to mineral claims or property. This list is not exhaustive. See
also, for example, the risks disclosed in the Company's other disclosure
documents filed at www.sedar.com, including, without limitation, those disclosed
in the Company's management's discussion & analysis. The Company expressly
disclaims any intention or obligation to update or revise any forward-looking
statements, except as otherwise required by applicable securities legislation.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Nicholas Houghton
President and CEO
Telephone: 604-687-8055
info@truenorthgems.com
www.truenorthgems.com


Joanna Hall
Corporate Coordinator
Telephone: 604-687-8055
info@truenorthgems.com
www.truenorthgems.com

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