Meridian Mining Signs 20,000 Tonnes Sales Contract
FOR IMMEDIATE RELEASE
Meridian Mining Signs 20,000 Tonnes Sales Contract
Vancouver, B.C. June 21, 2017 – Meridian Mining S.E. (TSX V: MNO) ("Meridian" or the "Company"), today
announced it has signed a contract for the sale of 20,000 tonnes of high-grade manganese to an
international customer from its project in Rondônia, Brazil.
“The sale marks an important milestone for Meridian , and represents approximately one-third of our
estimated production for 2017,” said Anthony Julien, President and CEO of Meridian Mining. “ With
commissioning of our pilot plan t expected in the coming weeks , we are well on the way to growing
production capacity to 50,000 tonnes per an num, helping us to better address the growing global demand
for high-grade manganese.”
The sales contract will consist of two shipment s to be completed before year -end 2017. T he first is for
10,000 tonnes to be delivered in September. The second is expected in December. Given that Meridian’s
product is high grade, it will be priced at a premium to benchmark. At May 20th 2017, the benchmark price
for manganese was USD $5.76 per tonne (US$ / Price 44% Mn CIF Tianjin – Metal Bulletin).
High-grade manganese has a number of applications beyond steel production, including the manufacture
of batteries and use as a fertilizer.
With the new contract, Meridian’ s sales orders for 2017 are 18,799 tonnes sold and delivered and 32,463
tonnes committed.
ABOUT MERIDIAN
Meridian Mining S.E. is focused on the acquisition, exploration, development and mining activities in Brazil.
The Company is currently focused on exploring and developing the Jaburi manganese and gold projects,
the Bom Futur o tin JV area, and adjacent areas in the state of Rondônia. The Company employs a two -
pronged strategy with the objective of growing pilot production while advancing a parallel multi -commodity
regional exploration program. Meridian is currently producing h igh grade manganese at its project located
at Espigão de Oeste.
Further information can be found at www.meridianmining.co.
On behalf of the Board of Directors of
Meridian Mining S.E.
“Anthony Julien”
Anthony Julien
President, CEO and Director
For more information please contact:
Joe Racanelli, NATIONAL Equicom
416-586-1943
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 explorat ion 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, rela tionships 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 Jaburi’s manganese project is not based upon a feasibility study of mineral reserves,
the economic and technical viability of the Jaburi manganese project has not been established.
The TSX Venture Exchange has in no way passed upon the merits of the propo sed option grant and has
neither approved nor disapproved the contents of this news release. N either 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.