Suche
 
Folgen Sie uns auf:

Red Tiger Reports Record Monthly Production, Extends Balance of Private Placement

01.11.2012  |  CNW

TORONTO, Nov. 1, 2012 /CNW/ - Red Tiger Mining Inc., (TSXV: RMN), (the "Company") today reported that copper production for the month of October reached a monthly record of 432 tonnes. It is expected that commercial levels in excess of 500 tonnes per month will be achieved by year-end.

The Company also reported that it is extending its previously announced non-brokered private placement of up to US$2,500,000 (the "Private Placement") to allow any interested non-insiders to participate. As previously announced, the Company has completed a first tranche comprising US$2 million subscribed for by insiders of the Company and US$20,000 by non-insiders.

Red Tiger is listed on the TSX Venture Exchange (symbol "RMN"). The number of shares outstanding is 74,098,537.

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 news release contains forward-looking statements, which are subject to risks and uncertainties and other factors that may cause results to differ materially from expectations. Specifically, this news release contains forward-looking information regarding the Company's projected copper production, completion of the Private Placement, the participation in the Private Placement by non-insiders, the availability of, and the Company's reliance upon, certain exemptions from applicable securities law and/or TSXV requirements, and the Final Acceptance of the Private Placement by the TSXV. Actual results may vary from the forward-looking information. Factors that could cause actual results to differ materially from the forward-looking information include: disruption to operations, site damage due to extreme weather, and unexpected drop in PLS grade. The production estimate has been extrapolated based on current levels of production. Accordingly, readers are cautioned not to place undue reliance on this forward-looking information.

SOURCE Red Tiger Mining Inc.

Red Tiger Mining Inc.  
20 Toronto Street, 12th Floor, Toronto ON, M5C 2B8, Canada  
Fax: 416 367 3638  
info@redtigermining.com  
www.redtigermining.com

Dr. Thomas Utter  
President and CEO  
Tel.: +1 52 662 311 8839  
thomasutter@gmx.net

David Lurie  
CFO and Secretary  
Tel.: 416 637-1517 x 107  
dlurie@redtigermining.com


Bewerten 
A A A
PDF Versenden Drucken

Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!




Mineninfo
Red Tiger Mining Inc.
Bergbau
-
-
Minenprofile
Alle Angaben ohne Gewähr! Copyright © by GoldSeiten.de 1999-2024.
Die Reproduktion, Modifikation oder Verwendung der Inhalte ganz oder teilweise ohne schriftliche Genehmigung ist untersagt!

"Wir weisen Sie ausdrücklich auf unser virtuelles Hausrecht hin!"