Meridian Mining annouces corporate update
Meridian Mining annouces corporate update
LONDON
,
Dec. 13, 2018
/CNW/ - Meridian Mining SE (TSXV: MNO) ("Meridian" or the "Company")
today announces the resignation of Mr
Andre Wessels
as a Director of the Company. Mr Wessels
helped guide the Company through a complicated and difficult restructuring period and will leave the
Company to pursue other business commitments.
Mr
John Sabine
, Chairman, states, ""We are very grateful for Andre's positive contributions for the
past six months and wish him success in meeting the challenges of his new opportunity in
South
America
."
On behalf of the Board of Directors of Meridian Mining SE
John Sabine
Chairman
ABOUT MERIDIAN
Meridian Mining SE is focused on the acquisition, exploration, development and mining activities in
Brazil
. The Company is currently focused on exploring and developing the Espigão manganese and
gold projects, the Bom Futuro tin JV area, and adjacent areas in the state of Rondônia. Meridian is
currently producing high grade manganese at its project located at Espigão do Oeste.
Further information can be found at
www.meridianmining.co
FORWARD-LOOKING STATEMENTS
Some statements in this news release contain forward-looking information or forward-looking
statements for the purposes of applicable securities laws. These statements include, among others,
statements with respect to the Company's plans for exploration and development of its properties
and potential mineralization. These statements address future events and conditions and, as such,
involve known and unknown risks, uncertainties and other factors, which may cause the actual
results, performance or achievements to be materially different from any future results, performance
or achievements expressed or implied by the statements. Such risk factors include, among others,
failure to obtain regulatory approvals, failure to complete anticipated transactions, the timing and
success of future exploration and development activities, exploration and development risks, title
matters, inability to obtain any required third party consents, operating hazards, metal prices,
political and economic factors, competitive factors, general economic conditions, relationships with
strategic partners, governmental regulation and supervision, seasonality, technological change,
industry practices and one-time events. In making the forward-looking statements, the Company has
applied several material assumptions including, but not limited to, the assumptions that: (1) the
proposed exploration and development of mineral projects will proceed as planned; (2) market
fundamentals will result in sustained metals and minerals prices and (3) any additional financing
needed will be available on reasonable terms. The Company expressly 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 otherwise required by applicable securities
legislation.
The Company cautions that it has not completed any feasibility studies on any of its mineral
properties, and no mineral reserve estimate has been established. In particular, because the
Company's production decision relating to Meridian Mineraçao Jaburi S.A, manganese project is not
based upon a feasibility study of mineral reserves, the economic and technical viability of the
Espigão manganese project has not been established.
The TSX Venture Exchange has neither approved nor disapproved the contents of this news release.
Neither 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.
SOURCE
Meridian Mining S.E.
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http://www.newswire.ca/en/releases/archive/December2018/13/c4136.html
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For further information:
Jonathan Richards, +1 604-681-0405, [email protected]
CO: Meridian Mining S.E.
CNW 18:55e 13-DEC-18