Chibougamau Mines Office Notice and Going Forward
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Chibougamau Mines Office Notice and Going Forward
ROUYN-NORANDA, QUÉBEC- Chibougamau Independent Mines Inc. (CBG -TSX-V in Canada, CLL1 -Frankfurt,
Stuttgart an d Lang & Schwarz Stock Exchanges in Germany, CMAUF -OTC in the US) , herein called
Chibougamau, wishes to inform shareholders that as of 16:30 today, our offices located at Rouyn -Noranda,
Quebec will close for a minimum of three weeks due to the ongoing Coro na Virus crisis. Employees will work
from home and we expect, in large part, to function as usual. Chibougamau is doing this in an abundance of
caution to protect our most valuable asset, our staff, none of whom are ill nor display any symptoms. Calls
to our office will be forwarded to reception and responded to as quickly as possible.
We also wish to update Chibougamau’s shareholders regarding its ability to withstand the current crisis and
going forward. Chibougamau has just completed its latest succe ssful drill program. We are looking at the
next steps in exploration particularly on the C -3 copper/gold zone. Chibougamau has sufficient funds on
hand to maintain the company and all its properties going forward.
Should we decide to undert ake a major drill program, Chibougamau would need to return to the market for
funding. A number of shareholders have indicated that, should the company require additional funding to
pursue drill programs, they would be pleased to participate.
Keep Safe!
This press release was written by Jack Stoch, P. Geo., President and CEO of Chibougamau Independent Mines
Inc. in his capacity as a Qualified Person (Q.P.) under NI 43-101.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policie s of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the release.
We Seek Safe Harbour.
CUSIP Number 167101 203
LEI 529900GYUP9EBEF7U709
For further information, contact:
Jack Stoch, P.Geo., Acc.Dir.
President & CEO
Chibougamau Independent Mines Inc.
86, 14th Street
Rouyn-Noranda, Quebec Canada J9X 2J1
Tel.: 819.797.5242
Fax: 819.797.1470
www.chibougamaumines.com
Press Release
March 24, 2020
46,695,042 shares issued and outstanding