RTG Announces Support for Bougainville Weapons Disposal Plan
Announcement to the Toronto Stock Exchange And OTCQB
The Board of RTG Mining Inc. ("RTG", the "Company") (TSX:RTG, ASX:RTG, OTCQB:RTGGF)is pleased to announce it has provided financial assistance to participants in the recent Central Bougainville Regional Parliamentary Committee Conference held in Arawa in October to assist their Weapons Disposal Plan and Containment Process which was launched last week.
The Me'ekamui Defence Force ("MDF") will commence destruction of their weapons on 15 November 2018 following the signing of the resolutions at the recent Central Bougainville Regional Parliamentary Committee Conference.
Former combatants and community leaders during the conference held at the Arawa Sharp Memorial Youth Centre from October 15-16 have agreed to a number of resolutions aimed at making Central Bougainville free of weapons and referendum ready.
The resolutions passed at the conference were:
- Agreement that the weapons of war used by the Bougainville Revolutionary Army in the conflict were disposed of under the United Nations supervised weapons disposal plan.
- Other categories of weapons still being held by individuals shall be dealt with as a law and order matter in Central Bougainville.
- Weapons are to be destroyed in accordance with the Me'ekamui weapons disposal plan 2018.
- Monumentation of weapons of war at Ioro Constituency.
- A call on other ex-combatants holding weapons to join the Me'ekamui Weapon Peace Initiatives.
- A request of the Autonomous Bougainville Government and United Nations to support the plan, stakeholders to conduct awareness and collection exercise in wards using the community weapons disposal status report checklist.
Moses Pipiro, Commander of the Me'ekamui Defence Force commended RTG for their help. He said, "RTG and Central Exploration showed faith in supporting our aspirations to bring a full and final peace, free of the weapons of war to all the people of Bougainville. I can honestly say, we would not be here today if it wasn't for RTG."
RTG's Chief Executive Officer said,
"RTG is pleased to have been able to encourage Peace and Reconciliation on Bougainville resulting in this historic agreement for weapons disposal."
ABOUT RTG MINING INC
RTG Mining Inc. is a mining and exploration company listed on the main board of the Toronto Stock Exchange, the Australian Securities Exchange and the OTCQB Venture Market. RTG is focused on a proposal with a landowner lead consortium to secure an exploration licence at the high tonnage copper-gold Panguna Project in Bougainville PNG and the high grade copper/gold/magnetite Mabilo Project in the Philippines, while also identifying major new projects which will allow the Company to move quickly and safely to production.
RTG has an experienced management team which has to date developed seven mines in five different countries, including being responsible for the development of the Masbate Gold Mine in the Philippines through CGA Mining Ltd.. RTG has some of the most respected and international institutional investors as shareholders including Franklin Templeton, Sun Valley, Sprott and Equinox.
ENQUIRIES
Australian Contact
President & CEO – Justine Magee
Tel: +61 8 6489 2900
Fax: +61 8 6489 2920
Email: jmagee@rtgmining.com
US Contact
Jaime Wells
Tel: +1 970 640 0611
Fax:
Email: jwells@rtgmining.com
CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS
This announcement includes certain "forward-looking statements" within the meaning of Canadian and applicable securities legislation. Statement regarding interpretation of exploration results, plans for further exploration and accuracy of mineral resource and mineral reserve estimates and related assumptions and inherent operating risks, are forward-looking statements. Forward-looking statements involve various risks and uncertainties and are based on certain factors and assumptions. 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. Important factors that could cause actual results to differ materially from RTG's expectations include uncertainties related to fluctuations in gold and other commodity prices and currency exchange rates; uncertainties relating to interpretation of drill results and the geology, continuity and grade of mineral deposits; uncertainty of estimates of capital and operating costs, recovery rates, production estimates and estimated economic return; the need for cooperation of government agencies in the development of RTG's mineral projects; the need to obtain additional financing to develop RTG's mineral projects; the possibility of delay in development programs or in construction projects and uncertainty of meeting anticipated program milestones for RTG's mineral projects and other risks and uncertainties disclosed under the heading "Risk Factors" in RTG's Annual Information Form for the year ended 31 December 2017 filed with the Canadian securities regulatory authorities on the SEDAR website at sedar.com. The forward‐looking statements made in this announcement relate only to events as of the date on which the statements are made. RTG will not release publicly any revisions or updates to these forward‐looking statements to reflect events, circumstances or unanticipated events occurring after the date of this announcement except as required by law or by any appropriate regulatory authority.
SOURCE: RTG Mining Inc.
