Quote:cjstocksup Member Level Wednesday, 10/01/14 10:32:01 PM
Re: jotuk6771 post# 3495976
Post # of 3496045
FLPC .0018 News posted today on OTC markets:
Coronet Enters Letter of Intent to Move Liberty Mill Forward
Oct 01, 2014 (Al Bawaba Business via COMTEX) -- Vancouver, British Columbia--(Newsfile Corp. - September 30, 2014) - Coronet Metals Inc. (TSXV: CRF) (FWB: 2CM) (OTCQX: CORMF) ("Coronet" or the "Company"today announced that it has entered into Letter of Intent ("LOI"
to sell a 50% operational interest in Coronet Metals US Inc. ("Coronet US"
which operates the Liberty Precious Metals Processing Facility (the "Liberty Mill"
to First Liberty Power Corp. ("FLPC"
. The Liberty Mill is fully permitted to process up to 50 tons of feed material per day from Nevada, as well as out-of-state supply.
The LOI provides that the parties will enter into a definitive share purchase agreement (the "Definitive Agreement"on or before October 6, 2014. In the event the Definitive Agreement is not entered into before such date, the LOI will terminate and be of no further force and effect.
Coronet President, Theo van der Linde, provided details of this development "Over the last year, the FLPC management team has increased their mineral properties to more than 1200 acres, including a gold (Au) mineral exploration operation on their Rose Creek Properties with near-term expectations of gold production to improve the FLPC balance sheet. Joining forces with FLPC will not only ensure the Liberty Mill gets back on line, but Coronet has now taken steps that immediately enhances the prospects of the Company's refining business by providing a near-term solution to feed material constraints. Moreover, this partnership advances another Coronet objective of having access to feed material. With relatively straight-forward enhancements, the Liberty Mill will be able to host a dedicated operational line to produce high grade stibnite (antimony) concentrate and Gold Dore sourced from FLPC's properties Coronet is excited about partnering with FLPC and drawing upon their expertise and resources to allow the Liberty Mill to finally recognize its full potential."
Forward Looking Information
This news release contains forward-looking statements and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact included in this release, including, without limitation, statements regarding the execution of a Definitive Agreement for the Liberty Mill and the future operations at the Liberty Mill, are forward-looking statements that involve risks and uncertainties. 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 the Company's expectations are risks detailed from time to time in the filings made by the Company with securities regulations.
The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. As a result, the Company cannot guarantee that any forward-looking statement will materialize and the reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will only update or revise publicly any of the included forward-looking statements as expressly required by Canadian securities law.
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.
FOR FURTHER INFORMATION AND ENQUIRIES: Theo van der Linde President and CFO Tel: +1 902 403 7258 Email: tvanderlinde@coronetmetals.com Web: www.coronetmetals.com
Copyright (C) Newsfile Corp. 2014. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info).
URL: http://www.newsfilecorp.com
Copyright (C) 2014 Al Bawaba
one of the biggest POS out there , now , am I talking about
Top 10 Most Recent News Articles
Ensign Lawsuit Brews: Investor Stakes High by Dec. 7
Ensign's Alleged Missteps Uncovered Man, grabbing headlines in the finance world often feels like catching a whirlwind, and yet, here we are with Ensign Group's latest debacle. This isn't some run-of-the-mill story we're sifting through. It's a class action lawsuit with teeth, aiming to rope in investors who played ball during a hefty stretch running from February 10,...
Continue Reading
Joshua Davenport: Celebrating 25 Years in Healthcare
25 Years Strong: Davenport's Journey in Healthcare Not every day you celebrate someone who's spent a quarter of a century in the trenches of healthcare. Joshua L. Davenport, RN, isn't just clocking years; he's built a legacy in emergency nursing and occupational health that speaks volumes about resilience and commitment to others. From Humble Beginnings to Health...
Continue Reading
Aluminum Design Fumble: Geometry Over Wall Thickness
A Misstep in Aluminum Design Practices Well, here's a nugget of wisdom for the metal enthusiasts out there—stop beefing up aluminum components with thicker walls and focus on smart geometry. This isn't a drill, folks. Mark Coyle, a seasoned mind over at American Custom Metals, has been waving the flag for smarter aluminum design methods right from Rochester, NY, and...
Continue Reading
Amgen's IMDELLTRA® Shows Promise in SCLC Battle
Breakthrough Results in SCLC Treatment For years, small cell lung cancer (SCLC) has been the unruly beast in the oncology world, defying treatment advances and keeping survival rates stubbornly low. This nasty foe might just have met its match, folks. Amgen (NASDAQ:AMGN) announced results from their Phase 3 DeLLphi-305 trial that show their drug IMDELLTRA®, when teamed...
Continue Reading
Csquare Investors Face Tough Questions Amid Probe
Csquare's Shaky Claims and Market Consequences When a company flashes big numbers like $356 million to showcase its financial health, it sure gets the ticker NYSE:CSQR buzzing. But here's the rub—over half of that is locked up tighter than a drum, off-limits for general use. You gotta appreciate the irony, right? Someone's turned up a rock and there it is, a mess of...
Continue Reading
SLM Faces Legal Scrutiny as Losses Mount Amid Pause
SLM's Latest Troubles: Legal and Financial Impact Ah, student loans—not just a headache for borrowers but now for lenders too. SLM Corporation, that name we know all too well in the student debt circus, has hit a snag. They've paused most of their third-party recovery activities. Let's dig in: net charge-offs for SLM in the third quarter shot up to a hefty $90.4...
Continue Reading
Galien Recognizes Kerry for Transformative Global Health Work
Kerry's Legacy: A Symbol of Global Unity In the ever-thickening jungle of geopolitics and global health, it's rare to find a beacon as steadfast as John Kerry. This year, The Galien Foundation saw fit to honor him with the 2026 Roy Vagelos Pro Bono Humanum Award for Global Health Equity. This ain't just some shiny trinket—it’s a testament to his lifetime of ripping...
Continue Reading
DIRECTV Bags New NHL Deals: Stakes for Sports Fans
NHL Fans, Strap in: DIRECTV Expands Its Lineup In a world where keeping up with your favorite team gets tougher each day, DIRECTV just lobbed a puck right into the net with their latest play. They've snagged a multi-year deal with the NHL for the Carolina Hurricanes, Columbus Blue Jackets, Minnesota Wild, and St. Louis Blues networks. It's a game changer, folks. If you...
Continue Reading
Bio-Thera's New Data: A Game Changer for NSCLC?
A Fresh Look at Lung Cancer Solutions There's fresh meat on the oncology block, with Bio-Thera Solutions swinging for the fences at ESMO 2026, spotlighting promising Phase 2 clinical data for their combo treatment in first-line non-small cell lung cancer (NSCLC). If you're tuned into the biopharmaceutical sector or just keeping tabs on global health romps, this news sets...
Continue Reading
Master Sommeliers and Italian Producers Clash on Wine Lists
Wines Jockeying for New York’s Coveted Lists Alright, picture a stage set up in New York City like an arena. But instead of gladiators, you've got master sommeliers on one side and Italian wine producers on the other, each armed with their own arguments. They're locked in a battle over what it really takes to get a bottle imbedded on a New York City's prestigious wine...
Continue ReadingTop 5 Most Recently Viewed Articles
Market Movements: Alphabet and AMD Earnings Insights
Market Overview: A Glimpse at Recent Movements The US stock market is experiencing a fluctuation as investors turn their attention to significant corporate earnings reports and crucial economic data releases. Recent trends have shown a rise in US stock futures, pointing to cautious optimism as market analysts evaluate the performance of major technology companies. After...
Continue Reading
U.S. Lumber Coalition Criticizes Canada’s Subsidy Push
U.S. Lumber Coalition Raises Concerns Over Canadian Subsidies The U.S. Lumber Coalition is expressing serious concerns about new subsidies rolled out by Canada for its lumber industry. These measures are seen as an affront to American lumber producers and are viewed as an attempt to undermine U.S. trade laws enforced during President Trump’s administration. Impact of...
Continue Reading
HCI Group Takes Steps for Initial Public Offering of Exzeo
HCI Group Moves Towards Exzeo Group's IPO HCI Group, Inc. is making significant strides as it embarks on the journey for its subsidiary, Exzeo Group, Inc., to go public. With a public filing recently submitted to the U.S. Securities and Exchange Commission (SEC), this marks a pivotal moment for both HCI and Exzeo. While specific details regarding the number of shares and...
Continue Reading
NuLegacy Gold Completes First Tranche of Private Placement
NuLegacy Gold Completes First Tranche of Private Placement NuLegacy Gold has successfully completed the first tranche of its private placement, raising C$452,000 by issuing 45,200,000 units. The total offering is set at C$1,000,000, with plans to issue a total of 100,000,000 units. Details of the Private Placement The lead order commitment was primarily fulfilled by...
Continue Reading
Class Action Lawsuit Investors Urged to Reach out to Levi & Korsinsky
Important Notice for Investors in Joint Stock Company Kaspi.kz In recent news from New York, investors holding stocks in Joint Stock Company Kaspi.kz should take note of upcoming legal developments. Levi & Korsinsky, LLP, a law firm known for its expertise in handling securities litigation, has alerted investors about a class action lawsuit related to joint stock...
Continue Reading