1844 Considers Quebec Ministry of Forests' Letter Regarding Exploration Permit for the Vortex Property
1844 Considers Quebec Ministry of Forests'
Letter Regarding Exploration Permit for the
Vortex Property
Saskatoon, Saskatchewan--(Newsfile Corp. - June 27, 2022) -
1844 RESOURCES Inc. (TSXV: EFF)
(the "
Company
" or "
1844
") reports that on May 17, 2022, the Quebec Ministry of Forests, Fauna and
Parks (the "
MFFP
") issued a letter to the Company (the "
Letter
"), announcing the MFFP's intention to
deny the Company's application for an intervention permit relating to the development of eight
exploratory drilling sites at the Company's Vortex property. The Company has decided not to pursue any
work programs at the Vortex property for at least the next 12 months while the Company considers the
Letter.
About 1844 Resources Inc.:
1844 is an exploration company with a focus in strategic and energetic
metals and underexplored regions "Gaspé, Chibougamau Québec".
With a dedicated management
team, the Company's goal is to create shareholder value through the discovery of new deposits.
1844 RESOURCES INC.
(signed) "
Sylvain Laberge
"
Sylvain Laberge
President and CEO
514.702.9841
Slaberge@1844 resources.com
FORWARD-LOOKING INFORMATION
This press release contains statements which, other than statements of historical fact constitute
"forward-looking statements" within the meaning of applicable securities laws, including statements with
respect to: results of exploration activities, mineral resources. The words "may", "would", "could", "will",
"intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions, as they relate to the
Company, are intended to identify such forward-looking statements. This press release contains
forward-looking information in a number of places, such as in statements relating to the ability to obtain
the necessary regulatory approvals or the Company's plans or prospects. Investors are cautioned that
forward-looking statements are based on the opinions, assumptions and estimates of management
considered reasonable at the date the statements are made, and are inherently subject to a variety of
risks and uncertainties and other known and unknown factors that could cause actual events or results to
differ materially from those projected in the forward-looking statements. These factors include the
general risks of the mining industry, as well as those risk factors discussed or referred to in the
Company's annual information form for the year ended April 30, 2021, available at
www.sedar.com
.
Should one or more of these risks or uncertainties materialize, or should assumptions underlying the
forward-looking statements prove incorrect, actual results may vary materially from those described
herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has
attempted to identify important factors that could cause actual actions, events or results to differ
materially from those described in forward-looking information, there may be other factors that cause
actions, events or results not to be as anticipated, estimated or intended. There can be no assurance
that such information will prove to be accurate as actual results and future events could differ materially
from those anticipated in such statements. The Company does not intend, and does not assume any
obligation, to update these forward-looking statements except as otherwise required by applicable law.
Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.
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