The Company's Indonesian advisors assisted in drafting an objection notice and have implemented additional measures to have the IUP extended.
When available, the Company will provide updates regarding a possible reinstatement of the mining permit for Cyclops as well as any impact to the conditional sale of the
Bolt, through its Indonesian subsidiary has for the last 4-years been working with government agencies to register its license into the Directorate General Mineral and Coal,
About
Contact:
President and CEO
T: (604) 9228272
E: rsundher@boltmetals.com
CFO & Director
T: (604) 922?8272
E: steve@vanrycap.com
Reader Advisory
This news release may contain statements which constitute 'forward?looking information', including statements regarding the timing and terms of the Transaction, satisfaction or waiver of closing conditions to the Transaction, receipt of regulatory and shareholder approval for the Transaction and the plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities of the Company. The words 'may', 'potential', 'should', 'would', 'could', 'will', 'intend', 'plan', 'anticipate', 'believe', 'estimate', 'expect' and similar expressions, as they relate to the Company, or its management, are intended to identify such forward?looking statements. Investors are cautioned that any such forward?looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Company's future business activities may differ materially from those in the forward?looking statements as a result of various factors, including, but not limited to, the status of the Transaction, fluctuations in market prices, successes of the operations of the Company, continued availability of capital and financing and general economic, market or business conditions. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.
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