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SRAFF Sandfire Resources America Inc (QB)

0.24406
-0.00594 (-2.38%)
07 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Sandfire Resources America Inc (QB) USOTC:SRAFF OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.00594 -2.38% 0.24406 0.2125 0.2812 0.25 0.2401 0.25 30,475 21:00:10

Tintina Resources Inc.: Black Butte Copper Legal Complaint Dismissed; Company Committed to Advancing the Project

28/04/2014 2:30pm

Marketwired


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Tintina Resources Inc.: Black Butte Copper Legal Complaint Dismissed; Company Committed to Advancing the Project

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 28, 2014) - Tintina Resources Inc. ("Tintina" or the "Company") (TSX-VENTURE:TAU) (OTCQX:TINTF) is pleased to announce dismissal of a legal complaint challenging an amendment to an exploration license for its Black Butte Copper Project. Montana Environmental Information Center (MEIC), Earthworks, and a plaintiff Intervenor, the Upper Missouri Water Keeper filed a voluntary motion dismissing without prejudice their complaint against Tintina and the Montana Department of Environmental Quality (DEQ) in the Meagher County District Court in White Sulphur Springs, MT, USA.

As previously disclosed in a press release on April 7, 2014, Tintina formally withdrew its request for the exploration license amendment that was the subject of the complaint. In their motion to dismiss the complaint, the plaintiffs state, "Because this case no longer presents a justiciable controversy, dismissal is appropriate".

Rick Van Nieuwenhuyse, Executive Chairman stated, "We are pleased the litigants dropped their complaint; it was the right thing to do. We are moving ahead with preparation for a feasibility study and an application for a mine operating permit for the Black Butte Copper Project. As we go forward, Tintina will continue using a balanced approach to development with full engagement and transparency with the community and region. We remain steadfast in our commitment to doing this project right- from the beginning."

Jerry Zieg, VP of Exploration concluded, "We look forward to advancing this tremendous resource in a responsible manner, protecting water resources and the environment while providing good family wage jobs."

ABOUT TINTINA RESOURCES INC.

Tintina Resources Inc. is a growth company focused on the exploration, development, and mining of its 100% owned flagship property, the Black Butte Copper project in central Montana, USA. The Company is led by a highly experienced executive management team that has a successful track record of building shareholder value through exploration, corporate finance, and mine development.

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.

Cautionary Note Regarding Forward-Looking Statements: Certain disclosures in this release constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and Canadian securities legislation, including statements regarding the Company's plans for advancing the Black Butte Copper Project. In making the forward-looking statements in this release, the Company has applied certain factors and assumptions that the Company believes are reasonable, including that results of exploration and development activities are consistent with management's expectations, that the Company is able to obtain any government or other regulatory approvals and any required financing and that the Company's exploration and development activities will not be affected by actions of environmental activists or other special interest groups. However, the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors relating to Tintina's operation as a mineral exploration and development company and the Black Butte Copper Project that may cause future results to differ materially from those expressed or implied in such forward-looking statements, including the risks that results of exploration and development activities will not be consistent with management's expectations, that the Company is not able to obtain any government or other regulatory approvals or required financing and interference with the Company's exploration or development activities by environmental activists or other special interest groups. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Readers are cautioned not to place undue reliance on forward-looking statements. Tintina does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

Tintina Resources Inc.Gerald BoothInterim Chief Executive Officer(604) 628-1162info@tintinaresources.com

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