News Article | April 20, 2017
"The Markets Choice Awards are known for one thing: recognizing excellence in markets," said Mohan Virdee, CEO of Markets Media Group. "Whether for individual achievements or company milestones, it's always great to hear the stories of their success." Larry Thompson, Vice Chairman of DTCC and a 36-year veteran whose influence helped stabilize markets through 9/11 and the Lehman Brothers bankruptcy, won Lifetime Achievement. Adena Friedman of Nasdaq won Woman of the Year, while Jen Nayar of Vela was named CEO of the Year. Nanette Buziak of Voya Investment Management and Sam Priyadarshi of Vanguard Group were Traders of the Year for Equities and Fixed Income, respectively. The inaugural Market Advocate Award was presented posthumously to Neil DeSena of SenaHill Partners. Neil's widow Carolyn DeSena accepted the award and provided poignant remembrances of Neil. The award will subsequently be called the Neil DeSena Market Advocate Award. Among companies, electronic market-maker Citadel Securities won for Best Company. There were a slew of buy-side awards presented, including to BlackRock for Best Buy-Side Fixed Income Trading Desk; T. Rowe Price for Best Buy-Side FX Trading Desk; and J.P. Morgan Asset Management for Best Buy-Side Equities Trading Desk. Fidessa, FlexTrade, Lime Brokerage, Portware and Tradeweb were among technology winners. The methodology in selecting MCA nominees and then winners is simple yet thorough, and keeps the focus on the most important opinions: those of market participants. The multi-month process started with a call for nominations from the readership of MMG's two editorial platforms, MarketsMedia.com and TradersMagazine.com. Editorial staff then conducted research and telephone interviews and consulted with the MCA Advisory Board to winnow the field to shortlists and then eventually winners. "The process for the Markets Choice Awards is difficult and rigorous, yet highly rewarding and one we look forward to each year," Virdee said. For a full list of MCA winners, please visit MarketsMedia.com or TradersMagazine.com. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/neil-desena-larry-thompson-highlight-2017-markets-choice-award-winners-300442108.html
News Article | February 16, 2017
LIMERICK, Ireland--(BUSINESS WIRE)--Waypoint Leasing (Ireland) Limited (“Waypoint”), the largest independent global helicopter leasing company, today announced that it has delivered an H145 on lease to Servicios Aéreos de los Andes (“Andes Air”), a leading Peruvian helicopter operator. Waypoint’s H145 will be the first variant of its type to operate in Latin America and will support MMG/Las Bambas’ mining operations from Andes Air’s Cusco Base. Steffen Bay, Waypoint’s Vice President of Sales and Relationship Management, Latin America, said, “ The entry of the H145 into operations in Peru is indicative of the growing importance of this aircraft for a diverse range of mission areas--from EMS to mining--around the world. Waypoint believes that the H145 is ideally-suited for the operational conditions prevalent in Peru and we are confident that this transaction is the start of a long, productive relationship between Waypoint and Andes Air.” Clark McGinn, Waypoint's Senior Vice President of Sales & Relationship Management, said, " For many years, lessors and financiers have focused primarily on the Brazilian market, so we are pleased to have developed a unique and diversified franchise in Latin America, with multiple aircraft operating in Chile, Peru, and Guyana, as well as Brazil.” Luis Fontenoy Miranda, General Manager of Andes Air, said, " For our company, it is very important to have reliable helicopters that are capable of performing in the extreme conditions that are typical in our region. It is also important for us to have a partner that understands our business and our challenges. We found Waypoint to be a real strategic partner that can relate to our issues and understand our needs. We look forward to continue collaborating with Waypoint on aircraft leases in the future”. Since its inception in 2013, Waypoint has been active in supporting oil and gas, utility, firefighting and other industrial-focused helicopter operators. This transaction will further diversify Waypoint’s activity into the utility and mining support segment. Waypoint’s portfolio includes more than 140 aircraft for 26 customers in 31 countries with total assets in excess of $1.6 billion. Additionally, Waypoint has firm and option orders with aircraft manufacturers for more than 120 helicopters valued at more than $1.5 billion, to be delivered over the next five years. Waypoint is a global helicopter leasing company that provides operating lease and financing solutions to helicopter operators worldwide. Headquartered in Limerick, Ireland, Waypoint differentiates itself with a senior management team that has direct helicopter operating and leasing experience in key helicopter markets around the world, having leased helicopters across Africa, Asia, Australia, Europe, and North and South America. Waypoint serves a wide range of sectors including oil and gas, emergency medical service, search and rescue, firefighting and governmental support. In addition to Ireland, Waypoint has offices in London, the United States, Canada, Singapore, Brazil, South Africa, and Australia. Further information is available at www.waypointleasing.com. Servicios Aéreos de los Andes, also known as Andes Air, is a leading Peruvian operator of both fixed-wing aircraft and rotorcraft. Founded as a charter airline in 2005, the company specializes in transporting personnel for the mining and oil and gas industries and aerial work in support of seismic, magnetometry and topography projects. Los Andes operates from multiple strategic bases in Peru such as Lima, Callao, Cusco, Ayacucho, Malvinas, Quillabamba and Kiteni.
News Article | December 22, 2016
MONTREAL, QUEBEC--(Marketwired - Dec. 22, 2016) - Sama Resources Inc./Ressources Sama Inc. (TSX VENTURE:SME) ("Sama") and Section Rouge Media Inc. (TSX VENTURE:SRO) ("Section") are pleased to announce that Section has filed its filing statement dated December 22, 2016 on SEDAR in connection with its previously-announced reverse take-over, consisting of the acquisition of 100% of the shares of Sama Resources Guinea SARL ("SRG"), a wholly-owned subsidiary of Sama (the "Transaction"). SRG's principal asset is exploration permit N°2013/4543/MMG/DNM, known as the Lola Graphite Project, located near the town of Lola in eastern Republic of Guinea. The closing of the Transaction is expected to occur on or about December 31, 2016. For more information on the Transaction and Section's concurrent private placement, please see Sama and Section's joint news releases dated July 5, 2016, August 9, 2016 and November 4, 2016. Sama is a Canadian-based mineral exploration and development company with projects in West Africa. For more information about Sama, please visit Sama's website at www.samaresources.com. Section Rouge is specialized in producing publications related to agricultural machineries. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. This news release discusses items that may constitute forward-looking statements within the meaning of securities laws and that involve risks and uncertainties. Such statements include those with respect to the completion of the Transaction. Although Sama and Section believe in light of the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate that the expectations reflected in such forward-looking statements are based on reasonable assumptions, they can give no assurances that those expectations will be achieved and actual results may differ materially from those contemplated in the forward-looking statements and information. Such assumptions, which may prove incorrect, include the following: (i) the Transaction will obtain all required regulatory approvals and any applicable shareholder approvals in a timely fashion, (ii) the Resulting Issuer's management will not identify and pursue other business objectives following the Transaction, (iii) no material obstacles, technical or otherwise, will hinder the operations of the Resulting Issuer following the Transaction, and (iv) the price of graphite will remain sufficiently high and the costs of advancing the Lola Graphite property sufficiently low so as to permit the Resulting Issuer to implement its business plans in a profitable manner. Factors that could cause actual results to differ materially from expectations include (i) the failure of the Resulting Issuer to make effective use of their available funds following the Transaction, (ii) the failure of the drilling projects of the Resulting Issuer for technical, logistical, labour-relations or other reasons, (iii) the inability of Sama or Section to obtain the necessary approvals for the Transaction, (iv) a decrease in the price of graphite below what is necessary to sustain the operations of the Resulting Issuer, (v) an increase in the operating costs of the Resulting Issuer above what is necessary to sustain its operations, (vi) accidents, labour disputes or the materialization of similar risks, (vii) a deterioration in capital market conditions that prevents the Resulting Issuer from raising the funds that it requires on a timely basis, and (viii) an inability or unwillingness of Sama or Section to complete the Transaction for whatever reason. These factors and others are more fully discussed in Sama and Section's filings with Canadian securities regulatory authorities available at www.sedar.com. Actual results may vary from the forward-looking information and neither Sama nor Section assume any obligation to update any forward-looking statement except as required by applicable law.
26th International Mineral Processing Congress, IMPC 2012: Innovative Processing for Sustainable Growth - Conference Proceedings | Year: 2012
The first decade of the 21st century was one of fundamentally changed dynamics for the minerals industry. Following intense globalization commencing in the late 20th century production is now concentrated into large businesses that can compete across geography in diverse commodities. Asian industrialization and urbanization is now the main driver of growth in demand for energy and materials. Demand for the output of these industries has risen sharply, reversing decade long trends to reduced real commodity prices. Supply responded with expansions of existing mining and processing operations, and large investment in new resource development. Development of new, lower grade or more remote resources was stimulated. Resource development by global entities in frontier environments reinforced the importance of effective forms of social contract, and of stronger environmental performance. The worst economic shock in decades provoked no significant pause despite large impacts on corporate ownership. State owned enterprises commenced unprecedented foreign direct investment in minerals and energy resources. A thrust towards resource nationalism re-emerged as governments sought to ensure that the export of state owned resources contributes more strongly to government revenue, reducing the burden of trade in scarce resources on other trade-exposed sectors. The unprecedented combination of forces at work has made future predictions difficult, with day-by-day volatility in anticipated corporate fortunes, and investment plans. The challenge for process innovation (and for exploration) has been to keep up, maintaining a lid on costs as lower grade and more challenging ore bodies are brought on quickly in a context of competition for land use, community expectations and continued care for natural and living environments. While new projects have provided the necessary platforms for implementation of innovative approaches, there is evidence that a gap may have emerged between the pace of growth and the pace of innovation. The history of a century of process innovation in the context of growth of output, declining resource grades and commodity prices is presented. The necessary conditions for accelerated process innovation are considered, and future needs and approaches are discussed.
Post S.D.,MMG |
Taylor S.C.,MMG |
Sanders A.E.,MMG |
Goldfarb J.M.,MMG |
And 2 more authors.
Journal of the National Cancer Institute - Monographs | Year: 2013
This analysis explores the impact of modifying the Smokefree Women Facebook social media strategy, from primarily promoting resources to encouraging participation in communications about smoking cessation by posting user-generated content. Analyses were performed using data from the Smokefree Women Facebook page to assess the impact of the revised strategy on reach and engagement. Fan engagement increased 430%, and a strong and statistically significant correlation (P < .05) between the frequency of moderator posts and community engagement was observed. The reach of the page also increased by 420%. Our findings indicate that the strategy shift had a statistically significant and positive effect on the frequency of interactions on the Facebook page, providing an example of an approach that may prove useful for reaching and engaging users in online communities. Additional research is needed to assess the association between engagement in virtual communities and health behavior outcomes. © The Author 2013. Published by Oxford University Press. All rights reserved.
News Article | December 22, 2016
LONDON, Dec. 22, 2016 /PRNewswire/ -- GFI Group, Inc. ("GFI" or "the Company"), a subsidiary of BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners" or "BGC") operating as an intermediary in the global OTC and listed markets, today announced that an affiliated entity has entered into an agreement to acquire Micromega Securities Proprietary Limited ("Micromega Securities"). Micromega Securities operates in the South African fixed income, rates and foreign exchange markets, via its three subsidiaries: TTSA Securities (PTY) Ltd, SA International & Capital Market Brokers (PTY) Ltd and Micromega Africa Money Brokers (PTY) Ltd. GFI and Micromega Securities have operated a joint venture since 2013. Micromega Securities is currently a wholly owned subsidiary of Micromega Holdings (PTY) Ltd (JSE: MMG), a public company listed on the Johannesburg Stock Exchange. "We recognize the opportunity to increase GFI's footprint in the South African and the wider African marketplace by formally bringing Micromega Securities and its talented team into GFI," said Colin Heffron, CEO of GFI Group. Details of the transaction were not disclosed, and completion of the transaction is subject to legal and regulatory approvals and certain closing conditions. About Micromega Securities Proprietary Limited Founded in 1991, Micromega Securities Proprietary Limited offers interdealer brokerage services in fixed income, rates and foreign exchange products via its three operating subsidiaries: TTSA Securities (PTY) Ltd, SA International & Capital Market Brokers (PTY) Ltd and Micromega Africa Money Brokers (PTY) Ltd. The group operates from its office in Johannesburg. TTSA Securities and SA International & Capital Market Brokers are regulated in South Africa by the Johannesburg Stock Exchange. SA International & Capital Market Brokers and Micromega Africa Money Brokers are approved by the South African Reserve Bank for FX trading. About GFI Group, Inc. Founded in 1987 and headquartered in New York, GFI is owned by, and operates as a division of BGC. GFI is a leading intermediary in the global OTC and listed markets offering an array of sophisticated trading technologies and products to a broad range of financial market participants. More than 2,500 institutional clients benefit from GFI's know-how and experience in operating electronic and hybrid markets for cash and derivative products across multiple asset classes, including fixed income, interest rates, foreign exchange, equities, energy and commodities. About BGC Partners, Inc. BGC Partners is a leading global brokerage company servicing the financial and real estate markets. BGC owns GFI Group Inc., a leading intermediary and provider of trading technologies and support services to the global OTC and listed markets. The Company's Financial Services offerings include fixed income securities, interest rate swaps, foreign exchange, equities, equity derivatives, credit derivatives, commodities, futures, and structured products. BGC provides a wide range of services, including trade execution, broker-dealer services, clearing, trade compression, post trade, information, and other services to a broad range of financial and non-financial institutions. Through brands including FENICS, BGC Trader, Capitalab, and BGC Market Data, BGC offers financial technology solutions, market data, and analytics related to numerous financial instruments and markets. Real Estate Services are offered through brands including Newmark Grubb Knight Frank, Newmark Cornish & Carey, ARA, Computerized Facility Integration, Landauer Valuation & Advisory, and Excess Space. Under these names, the Company provides a wide range of commercial real estate services, including leasing and corporate advisory, investment sales and financial services, consulting, project and development management, and property and facilities management. BGC's customers include many of the world's largest banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, property owners, real estate developers, and investment firms. BGC's common stock trades on the NASDAQ Global Select Market under the ticker symbol (NASDAQ: BGCP). BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol (NYSE: BGCA). BGC Partners is led by Chairman and Chief Executive Officer Howard W. Lutnick. For more information, please visit http://www.bgcpartners.com. You can also follow the Company at https://twitter.com/bgcpartners and/or https://www.linkedin.com/company/bgc-partners. BGC, BGC Trader, GFI, FENICS, FENICS.COM, Capitalab, Swaptioniser, Newmark, Grubb & Ellis, ARA, Computerized Facility Integration, Landauer, Landauer Valuation & Advisory, and Excess Space, Excess Space Retail Services, Inc., and Grubb are trademarks/service marks, and/or registered trademarks/service marks and/or service marks of BGC Partners, Inc. and/or its affiliates. Knight Frank is a service mark of Knight Frank (Nominees) Limited. Discussion of Forward-Looking Statements about BGC Partners Statements in this document regarding BGC's businesses that are not historical facts are "forward-looking statements" that involve risks and uncertainties. Except as required by law, BGC undertakes no obligation to release any revisions to any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see BGC's Securities and Exchange Commission filings, including, but not limited to, the risk factors set forth in its public filings, including the most recent Form 10-K and any updates to such risk factors contained in subsequent Forms 10-Q or Forms 8-K.
News Article | November 30, 2016
Out of Home and Event specialists rebrand and regroup to reflect the future landscape of Advertising and Events Mobile Out of Home specialist Mobile Media and the UK's largest promotional staff provider and Experiential Agency Hype Live Media have joined forces under the MMedia Group (MMG) banner to become one company. The first company to develop the Advan, Mobile Media has pioneered Mobile Out of Home since its inception in the 1980s and this new move sees the company expand and evolve to join with sister company Hype Live Media to form a new advertising and events organisation in MMG. MMG offers a comprehensive range of media formats from Mobile Out of Home such as Digivans and Advans to Promotional Staff, Experiential Marketing, Digital Out of Home, LED Screens, Event Production, Content Management and Airport Advertising with LHRLINK - Heathrow's only branded bus network. Karen Olsen, CEO of MMG, said: "MMG packs a punch when it comes to delivering impactful client messages - whether you are looking for brand ambassadors, mobile formats, airport advertising or full event screens with production, we are able to deliver beyond expectations with over 30 years of experience behind us." For more information on MMG and its core formats, please visit http://www.mmediagroup.co.uk or email firstname.lastname@example.org About MMG: MMedia Group is a leading British advertising and events organisation. For more than 30 years, MMG has served some of the largest brands in the world, creating and supporting memorable campaigns and events that have generated outstanding results with real return on investment.
News Article | February 15, 2017
Scott Free aka Scotty Boi has been in the studio for nearly 18 months; compiling nearly 50 songs for his upcoming three part mixtape series, “Digital Dope". The talented rapper first burst on the scene with Rick Ross and MMG on the project, Port of Miami. Scott Free later collaborated with Rick Ross and French Montana on his own hit single, "Lawyer Fees". "Digital Dope" is his new project rleased out on the Vert Music/MKlaren Records label. With high energy and gritty street tracks, it has enough to get the club jumping and keep your head bobbing. "Mo Money" produced by Grammy nominated producers The MeKanics, is a club banger. Another highlight on Digital Dope is "Be About It", produced by Jace and Brisk. It's about the tough street life and consequences of not being able to backup tough talk. There is something for the ladies as well on the mixtape, "Put It On Me" explains how a guy can get so caught up into a woman sexually, that she captivates his mind. The mixtape is currently available to stream and download at the Coast 2 Coast Mixtapes website. About Coast 2 Coast Mixtapes: Coast 2 Coast Mixtapes are the most widely distributed mixtapes in the world, with over 100 million downloads/plays generated by over 300 volumes officially hosted by major artists. Coast 2 Coast has a solid reach in the new music industry with a digital magazine, DJ coalition, industry tips blog, yearly convention, and more. Coast 2 Coast Mixtapes represents a unique opportunity for artists of all urban genres, from major to indie. For more information, visit http://www.coast2coastmixtapes.com.
News Article | November 28, 2016
TORONTO, ONTARIO--(Marketwired - Nov. 28, 2016) - Park Lawn Corporation (TSX:PLC) ("PLC" or the "Company") today announced its financial results for the three-months ending September 30, 2016 ("Q3 2016"). Net earnings attributable to PLC shareholders was down from $907,335 for the same period in 2015 ("Q3 2015") to $749,505 and net earnings per share attributable to PLC shareholders ("EPS") was down from $0.157 in Q3 2015 to $0.094 in Q3 2016. "Net earnings were impacted by certain one-time, non-recurring or non-cash revenue and expense items, as further discussed in PLC's Q3 2016 management discussion and analysis. When adjusted for those items, the results are in line with management expectations," stated Joseph Leeder, CFO of PLC. Adjusted EBITDA attributable to PLC shareholders show a year-over-year increase of 64.8% from $1,207,720 in Q3 2015 to $1,990,329 for Q3 2016. Adjusted net earnings increased by 33.7% from $915,907 in Q3 2015 to $1,224,593 in Q3 2016. PLC's adjusted EBITDA per share was $0.249 for Q3 2016, up from $0.208 in Q3 2015, representing an increase of 19.7%. Adjusted EBITDA per share was largely in line with management's expectations for Q3 2016. "It should be noted that the third quarter of 2015 was particularly strong, due to the conversion of our crypt reservation program. When you adjust for this one-time event, the Q3 revenue shortfall is modest compared to the same quarter last year," stated Andrew Clark, Chairman & CEO of PLC. "We are pleased with the strong performance by MMG, which continues to exceed expectations. Furthermore, in the first few weeks of the fourth quarter, sales revenue reflected higher crypt sales as well as increased at-need funeral calls in the markets served by our operations," continued Mr. Clark. PLC provides goods and services associated with the disposition and memorialization of human remains. Products and services are sold on a pre-planned basis (pre-need) or at the time of a death (at-need). PLC and its subsidiaries own and operate 34 cemeteries in Ontario and Michigan, 16 crematoria and 22 funeral homes, chapels and planning offices in Quebec, Ontario, Manitoba and Saskatchewan. Adjusted net earnings, adjusted EBITDA and related per share amounts are not measures recognized under IFRS and do not have standardized meanings prescribed by IFRS. Such measures are presented in this news release because management of PLC believes that such measures are relevant in evaluating PLC's operating performance. Such measures, as computed by PLC, may differ from similar computations as reported by other similar organizations and, accordingly, may not be comparable to similar measures reported by such other organizations. Please see the Company's most recent management's discussion and analysis for how the Company reconciles adjusted net earnings, adjusted EBITDA and related per share amounts to the nearest IFRS measure. This news release may contain forward-looking statements (within the meaning of applicable securities laws) relating to the business of PLC and the environment in which it operates. Forward-looking statements are identified by words such as "believe", "anticipate", "project", "expect", "intend", "plan", "will", "may", "estimate", "pro-forma" and other similar expressions. These statements are based on PLC's expectations, estimates, forecasts and projections and include, without limitation, statements regarding the continued strong performance of MMG, continued higher crypt sales and increased at-need funeral calls, and continued growth of PLC in 2016. The forward-looking statements in this news release are based on certain assumptions, including without limitation that PLC's business will continue to perform in a manner consistent with past practice. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements, including, but not limited to, the factors discussed under the heading "Risk Factors" in PLC's annual information form available at www.sedar.com. There can be no assurance that forward-looking statements will prove to be accurate as actual outcomes and results may differ materially from those expressed in these forward-looking statements. Readers, therefore, should not place undue reliance on any such forward-looking statements. Further, these forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, PLC assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
News Article | November 1, 2016
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 1, 2016) - Metallic Minerals Corp. (TSX VENTURE:MMG)(OTC PINK: MMNGF) (the "Company") is pleased to announce that it has raised aggregate proceeds of $1.125 million through the issuance of 2.25 million common shares (the "Private Placement") on a flow-through basis ("Flow-Through Shares") at a price of $0.50 per Flow-Through Share, which represents an approximate 11% premium to the closing price of $0.45/share on the TSX-V on October 31st, 2016. Directors, officers and employees of Metallic Minerals purchased approximately 23% of the Private Placement. Proceeds from the sale of the Flow-Through Shares will be used to incur eligible Canadian Exploration Expenses at Metallic Minerals' flagship Keno-Lightning silver project located in the Keno Hill Mining District in central Yukon Territory, Canada. Greg Johnson, CEO and Chairman, noted, "We are pleased to have closed this flow-through private placement with the participation of all directors and officers such that insiders will continue to maintain approximately 25% ownership in the Company. These additional funds will enable us to complete the comprehensive review of the historical and modern data at Keno Hill and to refine the priority exploration targets for the next level of testing including surface trenching, underground sampling and drilling." The flow-through shares are subject to a hold period of four months and one day from their date of issuance under applicable Canadian securities laws, expiring March 1st, 2017. The flow-through shares have not been, and will not be, registered under the U.S. Securities Act or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful. The Company is further pleased to announce the appointment of Ms. Connie Norman as Corporate Secretary, effective immediately. Metallic Minerals Corp. is a growth stage silver and gold exploration company focused on creating value through a disciplined entrepreneurial approach to exploration in mining districts with proven potential for top-tier "company-making" deposits that remain under-explored. Our core Keno-Lightning property is located in the historic Keno Hill silver district of Canada's Yukon Territory, a region which has produced over 200 million ounces of silver and currently hosts one of the world's highest grade silver resources. Metallic Minerals is led by a team with a track record of discovery and exploration success, including large scale development, permitting and project financing. Forward Looking Statements: This news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts including, without limitation, statements regarding potential mineralization, historic production, estimation of mineral resources, the realization of mineral resource estimates, interpretation of prior exploration and potential exploration results, the timing and success of exploration activities generally, the timing and results of future resource estimates, permitting time lines, metal prices and currency exchange rates, availability of capital, government regulation of exploration operations, environmental risks, reclamation, title, and future plans and objectives of the company are forward-looking statements that involve various risks and uncertainties. Although Metallic Minerals believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain necessary approvals, unsuccessful exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, risks associated with regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, uninsured risks, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same, and other exploration or other risks detailed herein and from time to time in the filings made by the companies with securities regulators. Readers are cautioned that mineral resources that are not mineral reserves do not have demonstrated economic viability. Mineral exploration and development of mines is an inherently risky business. Accordingly the actual events may differ materially from those projected in the forward-looking statements. For more information on Metallic Minerals and the risks and challenges of their businesses, investors should review their annual filings that are available at www.sedar.com. 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.