Millennial Potash Meets with Gabonese President Brice Oligui Nguema During Site Visit
Millennial Potash Meets with Gabonese
President Brice Oligui Nguema During Site
Visit
West Vancouver, British Columbia--(Newsfile Corp. - September 10, 2024) -
Millennial Potash Corp.
(TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company")
is pleased to
provide details of a recent site visit by the President of Gabon to the towns of Mayumba and Ndindi on
MLP's Banio Potash Project. The President reaffirmed his support for the Banio Potash Project, a
commitment he initially conveyed to MLP's Chairman Farhad Abasov in December, 2023.
Mayumba Potasse SARL, MLP's Gabonese subsidiary, General Manager Valvi Pandi Mahoungou
provided the President with a corporate presentation outlining the results of the Company's recent PEA
including a timeline to potential production.
President Brice Oligui Nguema was then presented with a
section of potash-rich drill core from the Company's Banio Potash Project at which time he indicated full
support for the project and his support for development in the region. The President also indicated the
government would work closely with MLP to ensure permitting and community development and
economic benefits for the entire region.
In addition to endorsing MLP's potash project President Nguema indicated that infrastructure initiatives
would be fully supported by the government including investments of the ongoing construction of the
power station and upgrades to the national grid, the government's commitments to a deep-water port in
Mayumba and the improvements to the
Mayumba-Ndindi road which will provide direct access to MLP's
mining area. Other infrastructure planned for the Mayumba area include the enhancement of school
facilities, a new university, and a new modern hospital.
To find out more about Millennial Potash Corp. please contact Investor Relations at (604) 662-8184 or
email at
.
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MILLENNIAL POTASH CORP.
"Farhad Abasov"
Chair of the Board of Directors
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.
This document may contain certain "Forward-Looking Statements" within the meaning of the United
States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When
used in this news release, the words "anticipate", "believe", "estimate", "expect", "target, "plan" or
"planned", "forecast", "intend", "may", "schedule" and similar words or expressions identify forward-
looking statements or information. These forward-looking statements or information may relate to future
prices of commodities, accuracy of mineral or resource exploration activity, reserves or resources,
regulatory or government requirements or approvals including approvals of title and mining rights or
licenses and environmental (including land or water use), local community or indigenous community
approvals, the reliability of third party information, continued access to mineral properties or
infrastructure, changes in laws, rules and regulations in Gabon or any other jurisdiction which may impact
upon the Company or its properties or the commercial exploitation of those properties, currency risks
including the exchange rate of USD$ for Cdn$ or CFA or other currencies, fluctuations in the market for
potash or potash related products, changes in exploration costs and government royalties, export
policies or taxes in Gabon or any other jurisdiction and other factors or information. The Company's
current plans, expectations and intentions with respect to development of its business and of the Banio
Potash Project may be impacted by economic uncertainties arising out of any pandemic or by the
impact of current financial and other market conditions on its ability to secure further financing or funding
of the Banio Potash Project. Such statements represent the Company's current views with respect to
future events and are necessarily based upon a number of assumptions and estimates that, while
considered reasonable by the Company, are inherently subject to significant business, economic,
competitive, political, environmental and social risks, contingencies and uncertainties. Many factors, both
known and unknown, could cause results, performance or achievements to be materially different from
the results, performance or achievements that are or may be expressed or implied by such forward-
looking statements. The Company does not intend, and does not assume any obligation, to update these
forward-looking statements or information to reflect changes in assumptions or changes in
circumstances or any other events affecting such statements and information other than as required by
applicable laws, rules and regulations.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/222686