CMC Announces Changes in Officers
CMC METALS LTD.
Suite 605 – 369 Terminal Avenue Phone (604) 605-0166 / Fax (604) 692-0117 Website: www.cmcmetals.ca
NEWS RELEASE
TSX-V: CMB June 26, 2018 PK: CMCXF Frankfurt: ZM5N
CMC Announces Changes in Officers
Vancouver, BC.: CMC Metals Ltd. - (“the Company”) (TSX-V: CMB) – wishes to announce that Salim Tharani has agreed to step down in his position of President and Chief Executive Officer of the Company, and Michael C. Scholz will be appointed the interim President and Chief Executive Officer in his place.
About CMC Metals.
CMC Metals Ltd. is a mineral exploration company focused on opportunities in the United States and Canada that offers potential for near-term cash flow. The Company is led by a seasoned team with experience developing assets to production. CMC holds a 100% interest in the Golden Point gold property bordering Teck Resources located in the Golden Triangle of British Columbia comprising of 87 claims totalling 1,518 Ha. The Company’s Silver Hart Property is a Silver-Lead-Zinc asset located in the Yukon, 132 km west of Watson Lake, and covers 2,200 hectares and 116 Contiguous and partial claims.
On behalf of the Board:
“Michael C. Scholz”
Michael Scholz, Director CMC METALS LTD.
For more information and to be added to CMC's news distribution list, please send an email to [email protected] or call Mr. Michael Scholz at 604-605-0166
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.
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“This news release includes certain statements that constitute “forward-looking information” within the meaning of applicable securities law, including without limitation, statements that address the timing and content of upcoming work programs, geological interpretations, receipt of property titles and exploitation activities and developments. In this release disclosure regarding the potential to undertake future work comprise forward looking statements. Forward-looking statements address future events and conditions and are necessarily based upon a number of estimates and assumptions. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks, including the ability of the Company to raise the funds necessary to fund its projects and, accordingly, may not occur as described herein or at all. Actual results may differ materially from those currently anticipated in such statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, the timing and receipt of government and regulatory approvals, and continued availability of capital and financing and general economic, market or business conditions. Readers are referred to the Company’s filings with the Canadian securities regulators for information on these and other risk factors, available at www.sedar.com. Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. The forward-looking statements included in this news release are made as of the date hereof and the Company 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 expressly required by applicable securities legislation.”