Montan Provides Bi-Weekly Update ON Status of Management Cease Trade Order
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MONTAN PROVIDES BI-WEEKLY UPDATE ON STATUS OF
MANAGEMENT CEASE TRADE ORDER
Vancouver, B.C., December 13, 201 7 – Montan Mining Corp. (TSXv: MNY) (FSE: S5GM) (the
“Company” or “ Montan”) is providing this bi -weekly update on the status of a management cease trade
order granted on November 29 , 2017 (the " MCTO") by its principal regulator, the British Columbia
Securities Commission (the " BCSC"), under National Policy 12 -203 – Management Cease Trade Order
("NP 12-203"). On November 29, 2017, the Company announced that , for reasons disclosed in the news
release, there would be a delay in the filing of its financial statements and accompanying management’s
discussion and analysis for the fiscal year ended July 31, 2017 (the "Annual Filings") beyond the 120 day
period prescribed under applicable Canadian securities laws for the filing of such documents (the "Default
Announcement").
Montan reports that, since the issuance of the Default Announcement, the previous anticipated filing of
the Annual Filings by December 15 , 2017 will not be met. The Company now anticipates filing the
Annual Filings on or before December 22, 2017.
During the MCTO, the general investing public will continue to be able to trade in the Company's listed
common shares. However, the Company's chief executive officer and chief financial officer will not be
able to trade in the Company's shares.
Other than as disclosed in this press release, there are no material changes to the information contained in
the Default Announcement. The Company confirms that it intends to satisfy the provisions of NP 12 -203
and will continue to issue bi -weekly default status reports for so long as it remains in default of the
Annual Filings requirement.
About Montan Mining Corp.
Montan Mining Corp. is an emerging gold producer focusing on monetizing mining assets in Peru. The
company is backed by an experienced management team with diverse technical, market, and finance
expertise and is supported by committed and sophisticated investors focused on building long term value
for shareholders.
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For more information, please visit the corporate website at http://www.montanmining.ca or contact:
Investor Contact:
Luis F. Zapata
Executive Chairman
Tel: +1.604.358.1382
Email: [email protected]
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 NEWS RELEASE.
Forward-Looking Statements: Certain statements in this press release are forward -looking statements within the meaning of
applicable securities laws. Forward -looking statements in this press release include that we will purchase the Peruvian company
Kairos Capital Peru S.A.C (“Kairos”) and M&S Transportes y Servicios Generales S.R.L (“Mirador”) from Pacific Alliance, or that
the company is assured of TSX Venture Exchange approval for its acquisition; and the implication that cash flow at Mirador wi ll
continue to increase. Such forward-looking statements and information are subject to risks, uncertainties and other factors which may
cause our actual results, performance or achievements, or industry results, to be materially different from any future result s,
performance or achievements expressed or implied by such forward-looking statement. Specific risks included that we may not be able
to secure sufficient mineral feed stock of appropriate grades, we may not be able to attract or retain key employees necessar y for our
operations, we may not be able to finance operations, we may not be able to sustain recoveries that ensure profitability, and we may
not be able to locate or negotiate transactions which result in growth of our business. We may not be able to become profitab le even if
we are producing and milling to capacity, profitability depends on revenues and expenses which are not completely controllable; we
may not be able to secure mineral feed from other miners; and we may not be able to restart production because of technical o r
expense issues. Readers are cautioned to review the risk factors of junior mining companies which apply equally to our compan y, and
to our management discussion and analysis as filed on SEDAR. Other than as required by law, we assume no obligation to updat e
these forward looking statements.