The Autonomous Region of Bougainville Declare New President – Ishmael Toroama Announcement to the Toronto Stock Exchange and Australian Securities Exchange
Not for release to US wire services or distribution in the United States
THE AUTONOMOUS REGION OF BOUGAINVILLE DECLARE NEW PRESIDENT –
ISHMAEL TOROAMA
ANNOUNCEMENT TO THE TORONTO STOCK EXCHANGE
AND AUSTRALIAN SECURITIES EXCHANGE
23 SEPTEMBER 2020
The Board of RTG Mining Inc. (“RTG”, the “Company”) (TSX Code: RTG, ASX Code:
RTG) is pleased to announce that the Office of the Bougainville Electoral Commission
has today declared a new President, Mr Ishmael Toroama. Mr Toroama was a
Commander of the Bougainville Revolutionary Army and has a strong record of promoting
Peace and Independence for Bougainville, with a stated focus on stamping out any
corruption in the Autonomous Bougainville Government and its public service.
ABOUT RTG MINING INC
RTG Mining Inc. is a mining and exploration company listed on the main board of the
Toronto Stock Exchange and the Australian Securities Exchange. RTG is currently
focused primarily on progressing the Mabilo Project to start-up having recently received
a mining permit for the Project, with a view to moving quickly and safely to a producing
gold and copper company.
RTG also has a number of exciting new opportunities including the Panguna Project in
Bougainville, which it remains committed to but during these uncertain times the primary
focus is on advancing the Mabilo Project.
RTG has an experienced management team which has to date developed seven mines
in five different countries, including being responsible for the development of the Masbate
Gold Mine in the Philippines through CGA Mining Limited. RTG has some of the most
respected international institutional investors as shareholders including Franklin
Templeton, Equinox Partners and Sun Valley.
ENQUIRIES
Australian Contact US Contact
President & CEO – Justine Magee Investor Relations – Jaime Wells
Tel: +61 8 6489 2900 +1 970 640 0611
Fax: +61 8 6489 2920
Email: [email protected] [email protected]
COMPLIANCE STATEMENT
Date: 23 September 2020
Authorised for release by: By the Board of Directors
CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS
The Toronto Stock Exchange has not reviewed nor does it accept responsibility for the
accuracy or adequacy of this press release, which has been prepared by management.
This announcement includes certain “forward-looking statements” within the meaning of
Canadian securities legislation including, among others, statements made or implied
relating to the interpretation of exploration results, accuracy of mineral resource and
mineral reserve estimates, parameters and assumptions used to estimate mineral
reserves and mineral resources, realization of mineral reserve and mineral resource
estimates, estimated economic results of the Mabilo Project, future operational and
financial results, including estimated cashflow and the timing thereof, estimated
expenditures, expansion, exploration and development activities and the timing thereof,
including expectations regarding the DSO, plans for progressing Stage 2 development,
completion of a debt funding package, the negotiation of contracts for start up works and
offtake arrangements and the completion of merged documentation, RTG’s objectives,
strategies to achieve those objectives, RTG’s beliefs, plans, estimates and intentions,
and similar statements concerning anticipated future events, results, circumstances,
performance or expectations. All statements, other than statements of historical fact,
included herein, are forward-looking statements. Forward looking statements generally
can be identified by words such as “objective”, “may”, “will”, “expected”, “likely”, “intend”,
“estimate”, “anticipate”, “believe”, “should”, “plans”, or similar expressions suggesting
future outcomes or events. Forward-looking statements involve various risks and
uncertainties and are based on certain factors and assumptions. There can be no
assurance that such statements will prove to be accurate, and actual results and future
events could differ materially from those anticipated in such statements. Important factors
that could cause actual results to differ materially from RTG’s expectations include
uncertainties related to fluctuations in gold and other commodity prices and currency
exchange rates; uncertainties relating to interpretation of drill results and the geology,
continuity and grade of mineral deposits; uncertainty of estimates of capital and operating
costs, recovery rates, production estimates and estimated economic return; the need for
cooperation of government agencies in the development of RTG’s mineral projects; the
need to obtain additional financing to develop RTG’s mineral projects; the possibility of
delay in development programs or in construction projects and uncertainty of meeting
anticipated program milestones for RTG’s mineral projects and other risks and
uncertainties as discussed in RTG’s annual report for the year ended December 31, 2019
and detailed from time to time in our other filings with the Canadian securities regulatory
authorities available at www.sedar.com. The forward ‐looking statements made in this
announcement relate only to events as of the date on which the statements are made.
RTG will not release publicly any revisions or updates to these forward ‐looking
statements to reflect events, circumstances or unanticipated events occurring after the
date of this announcement except as required by law or by any appropriate regulatory
authority.
NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES
This announcement has been prepared for publication in Canada and Australia and may
not be released to US wire services or distributed in the United States. This
announcement does not constitute an offer to sell, or a solicitation of an offer to buy,
securities in the United States or any other jurisdiction. Any securities described in this
announcement have not been, and will not be, registered under the US Securities Act of
1933, as amended (the “US Securities Act”), or any state securities laws, and may not be
offered or sold in the United States except in transactions exempt from, or not subject to,
registration under the US Securities Act and applicable US state securities laws.