Clarification of Technical Disclosure
New Age Metals TSX-V: NAM OTCQB: NMTLF
59 Burtch’s Lane, Rockport, ON, Canada, K0E 1V0 [email protected]
+1.613. 659.2773 www.newagemetals.com
Clarification of Technical Disclosure
December 13, 2018 - New Age Metals Inc. (TSX.V: NAM; OTCQB: NMTLF; FSE: P7J.F) (the
“Company” or “NAM”) announces that, as a result of a review by the British Columbia Securities
Commission (“BCSC”) the Company is clarifying the Technical Report on its River Valley PGM
Project filed on May 7, 2018 (the “Report”).
The River Valley technical report on file does not comply with the requirements of NI 43-101 and
Form 43-101F1 and investors should not rely on the mineral resource estimate until the
Company files a compliant technical report.
The Company is in the process of amending the Report as soon as reasonably possible in order
to address all non-compliant and non-current disclosure issues identified by the BCSC. Once an
amended Report is available, the Company will provide an update to this news release and file
the amended report on SEDAR.
QUALIFIED PERSON
The contents contained herein that relate to Exploration Results or Mineral Resources is
based on information compiled, reviewed or prepared by Todd McCracken, P.Geo an
employee of WSP and independent of New Age Metals. Mr. McCracken is the Qualified
Person as defined by National Instrument 43-101 and approves the content of this news
release.
On behalf of the Board of Directors
“Harry Barr”
Harry G. Barr
Chairman and CEO
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.
Cautionary Note Regarding Forward Looking Statements: This release contains forward-looking statements that involve
risks and uncertainties. These statements may differ materially from actual future events or results and are based on
current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be for ward-looking
statements. In addition, forward -looking statements include statements in which the Company uses words such as
“continue”, “efforts”, “expect”, “believe”, “anticipate”, “confident”, “intend”, “strategy”, “plan”, “will”, “estimate”, “pro ject”,
“goal”, “target”, “prospects”, “optimistic” or similar expressions. These statements by their nature involve risks and
uncertainties, and actual results may differ materially depending on a variety of important factors, including, among
others, the Compa ny’s ability and continuation of efforts to timely and completely make available adequate current
public information, additional or different regulatory and legal requirements and restrictions that may be imposed, and
other factors as may be discussed in the documents filed by the Company on SEDAR (www.sedar.com), including the
most recent reports that identify important risk factors that could cause actual results to differ from those contained in
the forward -looking statements. The Company does not under take any obligation to review or confirm analysts’
New Age Metals TSX-V: NAM OTCQB: NMTLF
59 Burtch’s Lane, Rockport, ON, Canada, K0E 1V0 [email protected]
+1.613. 659.2773 www.newagemetals.com
expectations or estimates or to release publicly any revisions to any forward -looking statements to reflect events or
circumstances after the date hereof or to reflect the occurrence of unanticipated event s. Investors should not place
undue reliance on forward-looking statements.