Tsodilo Resources (TSDRF) 0.5928 $TSDRF
Tsodilo Resources Limited Confirms the Presence of Rare and Valuable Type IIa Diamonds in BK16
Filing Services Canada XHTML - Tue May 31, 12:04AM CDT
TSD.VN: 0.710 (-0.050)
Tsodilo Resources Limited Closes Private Placement Financing
Filing Services Canada - Fri Apr 29, 3:15PM CDT
Tsodilo Resources Limited Closes Private Placement Financing
TSD.VN: 0.710 (-0.050)
Tsodilo Resources Limited Announces Non-Brokered Private Placement of Units
Filing Services Canada - Tue Apr 26, 3:28PM CDT
Tsodilo Resources Limited Announces Non-Brokered Private Placement of Units
TSD.VN: 0.710 (-0.050)
Tsodilo Resources Limited Annual and Special Meeting Results
Filing Services Canada - Fri Apr 08, 3:26PM CDT
Tsodilo Resources Limited Annual and Special Meeting Results
TSD.VN: 0.710 (-0.050)
Tsodilo Resources Limited Awarded Gold and Silver Prospecting Right in the Barberton Greenstone Belt, South Africa
Filing Services Canada - Fri Apr 08, 2:01AM CDT
Tsodilo Resources Limited Awarded Gold and Silver Prospecting Right in the Barberton Greenstone Belt, South Africa
TSD.VN: 0.710 (-0.050)
Tsodilo Resources Limited Announces Grant of Stock Options
Filing Services Canada - Mon Jan 04, 6:34AM CST
Tsodilo Resources Limited Announces Grant of Stock Options
TSD.VN: 0.710 (-0.050)
Mark Scowcroft Joins Tsodilo Resources Limited’s Board of Directors
Filing Services Canada XHTML - Tue Sep 01, 4:02PM CDT
TSD.VN: 0.710 (-0.050)
Mark Scowcroft Joins Tsodilo Resources Limited's Board of Directors
Filing Services Canada - Tue Sep 01, 4:02PM CDT
Mark Scowcroft Joins Tsodilo Resources Limiteds Board of Directors Toronto, Ontario (FSCwire) - Tsodilo Resources Limited (TSX-V: TSD) ("Tsodilo" or the "Company"
is pleased to announce the appointment of Mark Scowcroft to its Board of Directors as a non-executive director, effective September 1, 2015. Mr. Scowcroft has 26 years experience in managing and investing in diamond exploration projects in Botswana, beginning his career in 1989 as a geologist with De Beers Prospecting Botswana (Pty) Limited, after graduating in 1988 from the Royal School of Mines, Imperial College, London with a B.Sc. (Honours) degree in Mining Geology. In 1995, Mr. Scowcroft left De Beers to pursue a career as an independent diamond exploration consultant. As a consulting geologist to the Auridium JV in the late 1990s, he was the first geologist to highlight the economic potential of kimberlite BK16 in reports to the Botswana government. Soon thereafter, in collaboration with fellow diamond geologist, Dr. Leon Daniels, Mr. Scowcroft spearheaded efforts to re-evaluate the geology and economic potential of known kimberlites in the Orapa Kimberlite Field, and was an early proponent of Botswanas now common practice of offering junior exploration companies the opportunity to re-explore kimberlites which had in earlier exploration been thought to have insufficient economic potential. In 2002, Mr. Scowcroft co-founded African Diamonds PLC (AIM:AFD), in which he was the largest shareholder and executive director responsible for Botswana operations. Mr. Scowcroft was a founding director of Boteti Mining, a joint venture between African Diamonds and De Beers, and personally negotiated the inclusion in the joint venture by De Beers of a number of kimberlites, including kimberlite AK6. AK6 is located in the Orapa Kimberlite Field and lies approximately 15 kilometers from BK16. AK6 was purchased from the three vested parties by Lucara Diamond Corporation for approximately $120M USD. The Karowe Mine on the AK6 kimberlite continues to be mined by Lucara Diamond Corporation and is one of the worlds leading producers of very high value diamonds. Karowe is known for containing rare Type IIa diamonds of exceptional size, colour and clarity. Mr. Scowcroft said, I am delighted to have been invited onto the board of Tsodilo Resources and to assist with the further development of BK16, a kimberlite I know well and which I believe is the most prospective of the known, un-evaluated, diamondiferous kimberlites in Botswana. I firmly believe that BK16 has the potential to become the next hard-rock diamond mine in Botswana. With his decades of experience in the successful discovery and development of diamond resources in Botswana, and his personal prior experience with kimberlite BK16, Tsodilo is excited to have Mark aboard, commented Mike de Wit, Tsodilos President and COO. The Company further announces that in terms of the Stock Option Plan of the Company and a policy adopted by the board of directors in September 2002, 100,000 stock options were granted to Mr. Scowcroft at CDN $0.70 (closing price on August 31, 2015) per common share. These options vest as to 25% effective September 1, 2015, and 25% on each of the sixth, twelfth and eighteenth month anniversaries of the date of the grant. The options are valid for five years. About Tsodilo Resources Limited: Tsodilo Resources Limited is an international diamond and metals exploration company engaged in the search for economic diamond and metal deposits at its Newdico (Pty) Limited ("Newdico" and Gcwihaba Resources (Pty) Limited ("Gcwihaba" projects in northwest Botswana. The Company has a 98% stake in Newdico (851 km2 under Precious Stone - diamond licenses). The Gcwihaba project area: 494 km2 under Precious Stone - diamond licenses; 11,158 km2 Metal (base, precious, platinum group, and rare earth) licenses; and, 6,925 km2 under Radioactive Minerals licenses is 100% held by the Company. The Company has a 75% stake in Bosoto (Pty) Ltd. Tsodilo manages the exploration of the Newdico, Gcwihaba and Bosoto license areas. Overall supervision of the Company's exploration program is the responsibility of Dr. Mike de Wit, President and COO of the Company and a "qualified person" as such term is defined in National Instrument 43-101. The Company has offices in Toronto, Canada and Gaborone and Maun, Botswana. Please visit the Company's website, www.TsodiloResources.com (http://www.tsodiloresources.com/), for additional information and background on our projects. This press release contains forward-looking statements. All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements relating to the development of the Company's projects) are forward-looking statements. These forward-looking statements reflect the current expectations or beliefs of the Company based on information currently available to the Company. Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things, changes in equity markets, political developments in Botswana and surrounding countries, changes to regulations affecting the Company's activities, uncertainties relating to the availability and costs of financing needed in the future, the uncertainties involved in interpreting exploration results and the other risks involved in the mineral exploration business. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release. This news release may contain assumptions, estimates, and other forward-looking statements regarding future events. Such forward-looking statements involve inherent risks and uncertainties and are subject to factors, many of which are beyond the Company's control, which may cause actual results or performance to differ materially from those currently anticipated in such statements. FOR FURTHER INFORMATION PLEASE CONTACT: To view this table, please either click on the link below, or copy and paste the link into your browser: To view this press release as a PDF file, click onto the following link: http://fscwire.com/sites/default/files/news_r...t12015.pdf Source: Tsodilo Resources Limited (TSX Venture:TSD) http://www.tsodiloresources.com/s/Home.asp Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2015 Filing Services Canada Inc.
TSD.VN: 0.710 (-0.050)
Exploration Geological Model and Exploration Target for BK16
Filing Services Canada XHTML - Wed Jul 15, 2:31AM CDT
TSD.VN: 0.710 (-0.050)
Tsodilo Resources Limited Completes Diamond Core Drilling Program on BK16
Filing Services Canada XHTML - Wed May 06, 7:17AM CDT
TSD.VN: 0.710 (-0.050)
Tsodilo Resources Limited Purchases Mobile DMS Treatment Plant
Filing Services Canada - Wed Apr 08, 7:04AM CDT
Tsodilo Resources Limited Purchases Mobile DMS Treatment Plant Toronto, Ontario (FSCwire) - Tsodilo Resources Limited (TSX-V: TSD) ("Tsodilo" or the "Company" is pleased to announce that it has completed the purchase of a Dense Medium Separation (DMS) treatment plant for use at its BK16 kimberlite project located within the Orapa Kimberlite Field (OKF) in Botswana. Botswana diamond mines have produced an average of 27 million carats annually in the last 10 years and Botswana is the worlds largest producer of diamonds by value. In 2014, the OKF area produced 13,355,292 carats. Tsodilo is completing the diamond core drilling program of 15 holes to a cumulative depth of 2,621 meters on both the main and satellite bodies of kimberlite BK16 in order to develop an advanced geological model. In anticipation of the bulk sampling program which is scheduled to start during the second half of this year, the Company has purchased a DMS mobile plant from De Beers Botswana. This plant is capable of handling a 10 tons/hour head feed throughput and was used in the evaluation of AK06 (Karowe Diamond Mine) owned by Lucara Diamond Corp. It is set up and located just outside the Lethlakane village approximately 15 km directly WNW from the BK16 kimberlite pipe. The plant is equipped among others with primary and secondary crushers (Cone and Jaw), de-sliming screens, conveyors, a scrubber with 12 mm trommel screen, a DMS preparation screen and DMS cyclone (250mm/57mm). It is equipped with a laboratory, security office and concentrate storage units. Photos of the plant can be seen on the companys website at: http://www.tsodiloresources.com/s/Photo_Galle...tID=607642 (http://www.tsodiloresources.com/s/Photo_Gallery.asp?ReportID=607642) . The Company intends to spend some time refurbishing the plant in order to start treatment of the diamondiferous BK16 kimberlite during Phase 1 of the evaluation program towards the end of this year. Using very conservative estimated grades the Company intends to extract and treat some 3,500 tons in order to recover in excess over 200 carats during Phase 1 of the evaluation program. Tsodilo continues to advance its projects in an expedient and cost effective fashion buy utilizing its company owned drill rigs, geophysical equipment and now the DMS processing plant. This allows us to evaluate the potential of our projects in a fast and cost effective fashion which is crucial at any time but especially in todays economic environment. The outlook for diamonds is very positive and we want to move BK16 along as fast as we can. stated Tsodilos Chairman and CEO, James M. Bruchs. About Tsodilo Resources Limited: Tsodilo Resources Limited is an international diamond and metals exploration company engaged in the search for economic diamond and metal deposits at its Newdico (Pty) Limited ("Newdico" , Gcwihaba Resources (Pty) Limited ("Gcwihaba" projects and Bosoto (Pty) Limited (Bosoto) in Botswana. The Company has a 98% stake in Newdico (851 km2 under Precious Stone - diamond licenses). The Gcwihaba project area: 494 km2 under Precious Stone - diamond licenses; 11,158 km2 Metal (base, precious, platinum group, and rare earth) licenses; and, 3,912 km2 under Radioactive Minerals licenses is 100% held by the Company. The Company has a 75% stake in Bosoto (Pty) Ltd. which holds the exploration license for the BK16 kimberlite. Tsodilo manages the exploration of the Newdico, Gcwihaba and Bosoto license areas. The Company has offices in Toronto, Canada and Gaborone and Maun, Botswana. Please visit the Company's website, www.TsodiloResources.com (http://www.tsodiloresources.com/), for additional information and background on our projects. This press release contains forward-looking statements. All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements relating to the development of the Company's projects) are forward-looking statements. These forward-looking statements reflect the current expectations or beliefs of the Company based on information currently available to the Company. Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things, changes in equity markets, political developments in Botswana and surrounding countries, changes to regulations affecting the Company's activities, uncertainties relating to the availability and costs of financing needed in the future, the uncertainties involved in interpreting exploration results and the other risks involved in the mineral exploration business. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release. This news release may contain assumptions, estimates, and other forward-looking statements regarding future events. Such forward-looking statements involve inherent risks and uncertainties and are subject to factors, many of which are beyond the Company's control, which may cause actual results or performance to differ materially from those currently anticipated in such statements. FOR FURTHER INFORMATION PLEASE CONTACT: To view this table, please either click on the link below, or copy and paste the link into your browser: To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...082015.pdf Source: Tsodilo Resources Limited (TSX Venture:TSD) http://www.tsodiloresources.com/s/Home.asp Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2015 Filing Services Canada Inc.
TSD.VN: 0.710 (-0.050)
Tsodilo Resources Limited Confirms the Presence of Rare and Valuable Type IIa Diamonds in BK16
Filing Services Canada XHTML - Tue May 31, 12:04AM CDT
TSD.VN: 0.710 (-0.050)
Tsodilo Resources Limited Closes Private Placement Financing
Filing Services Canada - Fri Apr 29, 3:15PM CDT
Tsodilo Resources Limited Closes Private Placement Financing
TSD.VN: 0.710 (-0.050)
Tsodilo Resources Limited Announces Non-Brokered Private Placement of Units
Filing Services Canada - Tue Apr 26, 3:28PM CDT
Tsodilo Resources Limited Announces Non-Brokered Private Placement of Units
TSD.VN: 0.710 (-0.050)
Tsodilo Resources Limited Annual and Special Meeting Results
Filing Services Canada - Fri Apr 08, 3:26PM CDT
Tsodilo Resources Limited Annual and Special Meeting Results
TSD.VN: 0.710 (-0.050)
Tsodilo Resources Limited Awarded Gold and Silver Prospecting Right in the Barberton Greenstone Belt, South Africa
Filing Services Canada - Fri Apr 08, 2:01AM CDT
Tsodilo Resources Limited Awarded Gold and Silver Prospecting Right in the Barberton Greenstone Belt, South Africa
TSD.VN: 0.710 (-0.050)
Tsodilo Resources Limited Announces Grant of Stock Options
Filing Services Canada - Mon Jan 04, 6:34AM CST
Tsodilo Resources Limited Announces Grant of Stock Options
TSD.VN: 0.710 (-0.050)
Mark Scowcroft Joins Tsodilo Resources Limited’s Board of Directors
Filing Services Canada XHTML - Tue Sep 01, 4:02PM CDT
TSD.VN: 0.710 (-0.050)
Mark Scowcroft Joins Tsodilo Resources Limited's Board of Directors
Filing Services Canada - Tue Sep 01, 4:02PM CDT
Mark Scowcroft Joins Tsodilo Resources Limiteds Board of Directors Toronto, Ontario (FSCwire) - Tsodilo Resources Limited (TSX-V: TSD) ("Tsodilo" or the "Company"
is pleased to announce the appointment of Mark Scowcroft to its Board of Directors as a non-executive director, effective September 1, 2015. Mr. Scowcroft has 26 years experience in managing and investing in diamond exploration projects in Botswana, beginning his career in 1989 as a geologist with De Beers Prospecting Botswana (Pty) Limited, after graduating in 1988 from the Royal School of Mines, Imperial College, London with a B.Sc. (Honours) degree in Mining Geology. In 1995, Mr. Scowcroft left De Beers to pursue a career as an independent diamond exploration consultant. As a consulting geologist to the Auridium JV in the late 1990s, he was the first geologist to highlight the economic potential of kimberlite BK16 in reports to the Botswana government. Soon thereafter, in collaboration with fellow diamond geologist, Dr. Leon Daniels, Mr. Scowcroft spearheaded efforts to re-evaluate the geology and economic potential of known kimberlites in the Orapa Kimberlite Field, and was an early proponent of Botswanas now common practice of offering junior exploration companies the opportunity to re-explore kimberlites which had in earlier exploration been thought to have insufficient economic potential. In 2002, Mr. Scowcroft co-founded African Diamonds PLC (AIM:AFD), in which he was the largest shareholder and executive director responsible for Botswana operations. Mr. Scowcroft was a founding director of Boteti Mining, a joint venture between African Diamonds and De Beers, and personally negotiated the inclusion in the joint venture by De Beers of a number of kimberlites, including kimberlite AK6. AK6 is located in the Orapa Kimberlite Field and lies approximately 15 kilometers from BK16. AK6 was purchased from the three vested parties by Lucara Diamond Corporation for approximately $120M USD. The Karowe Mine on the AK6 kimberlite continues to be mined by Lucara Diamond Corporation and is one of the worlds leading producers of very high value diamonds. Karowe is known for containing rare Type IIa diamonds of exceptional size, colour and clarity. Mr. Scowcroft said, I am delighted to have been invited onto the board of Tsodilo Resources and to assist with the further development of BK16, a kimberlite I know well and which I believe is the most prospective of the known, un-evaluated, diamondiferous kimberlites in Botswana. I firmly believe that BK16 has the potential to become the next hard-rock diamond mine in Botswana. With his decades of experience in the successful discovery and development of diamond resources in Botswana, and his personal prior experience with kimberlite BK16, Tsodilo is excited to have Mark aboard, commented Mike de Wit, Tsodilos President and COO. The Company further announces that in terms of the Stock Option Plan of the Company and a policy adopted by the board of directors in September 2002, 100,000 stock options were granted to Mr. Scowcroft at CDN $0.70 (closing price on August 31, 2015) per common share. These options vest as to 25% effective September 1, 2015, and 25% on each of the sixth, twelfth and eighteenth month anniversaries of the date of the grant. The options are valid for five years. About Tsodilo Resources Limited: Tsodilo Resources Limited is an international diamond and metals exploration company engaged in the search for economic diamond and metal deposits at its Newdico (Pty) Limited ("Newdico" and Gcwihaba Resources (Pty) Limited ("Gcwihaba" projects in northwest Botswana. The Company has a 98% stake in Newdico (851 km2 under Precious Stone - diamond licenses). The Gcwihaba project area: 494 km2 under Precious Stone - diamond licenses; 11,158 km2 Metal (base, precious, platinum group, and rare earth) licenses; and, 6,925 km2 under Radioactive Minerals licenses is 100% held by the Company. The Company has a 75% stake in Bosoto (Pty) Ltd. Tsodilo manages the exploration of the Newdico, Gcwihaba and Bosoto license areas. Overall supervision of the Company's exploration program is the responsibility of Dr. Mike de Wit, President and COO of the Company and a "qualified person" as such term is defined in National Instrument 43-101. The Company has offices in Toronto, Canada and Gaborone and Maun, Botswana. Please visit the Company's website, www.TsodiloResources.com (http://www.tsodiloresources.com/), for additional information and background on our projects. This press release contains forward-looking statements. All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements relating to the development of the Company's projects) are forward-looking statements. These forward-looking statements reflect the current expectations or beliefs of the Company based on information currently available to the Company. Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things, changes in equity markets, political developments in Botswana and surrounding countries, changes to regulations affecting the Company's activities, uncertainties relating to the availability and costs of financing needed in the future, the uncertainties involved in interpreting exploration results and the other risks involved in the mineral exploration business. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release. This news release may contain assumptions, estimates, and other forward-looking statements regarding future events. Such forward-looking statements involve inherent risks and uncertainties and are subject to factors, many of which are beyond the Company's control, which may cause actual results or performance to differ materially from those currently anticipated in such statements. FOR FURTHER INFORMATION PLEASE CONTACT: To view this table, please either click on the link below, or copy and paste the link into your browser: To view this press release as a PDF file, click onto the following link: http://fscwire.com/sites/default/files/news_r...t12015.pdf Source: Tsodilo Resources Limited (TSX Venture:TSD) http://www.tsodiloresources.com/s/Home.asp Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2015 Filing Services Canada Inc. TSD.VN: 0.710 (-0.050)
Exploration Geological Model and Exploration Target for BK16
Filing Services Canada XHTML - Wed Jul 15, 2:31AM CDT
TSD.VN: 0.710 (-0.050)
Tsodilo Resources Limited Completes Diamond Core Drilling Program on BK16
Filing Services Canada XHTML - Wed May 06, 7:17AM CDT
TSD.VN: 0.710 (-0.050)
Tsodilo Resources Limited Purchases Mobile DMS Treatment Plant
Filing Services Canada - Wed Apr 08, 7:04AM CDT
Tsodilo Resources Limited Purchases Mobile DMS Treatment Plant Toronto, Ontario (FSCwire) - Tsodilo Resources Limited (TSX-V: TSD) ("Tsodilo" or the "Company"
is pleased to announce that it has completed the purchase of a Dense Medium Separation (DMS) treatment plant for use at its BK16 kimberlite project located within the Orapa Kimberlite Field (OKF) in Botswana. Botswana diamond mines have produced an average of 27 million carats annually in the last 10 years and Botswana is the worlds largest producer of diamonds by value. In 2014, the OKF area produced 13,355,292 carats. Tsodilo is completing the diamond core drilling program of 15 holes to a cumulative depth of 2,621 meters on both the main and satellite bodies of kimberlite BK16 in order to develop an advanced geological model. In anticipation of the bulk sampling program which is scheduled to start during the second half of this year, the Company has purchased a DMS mobile plant from De Beers Botswana. This plant is capable of handling a 10 tons/hour head feed throughput and was used in the evaluation of AK06 (Karowe Diamond Mine) owned by Lucara Diamond Corp. It is set up and located just outside the Lethlakane village approximately 15 km directly WNW from the BK16 kimberlite pipe. The plant is equipped among others with primary and secondary crushers (Cone and Jaw), de-sliming screens, conveyors, a scrubber with 12 mm trommel screen, a DMS preparation screen and DMS cyclone (250mm/57mm). It is equipped with a laboratory, security office and concentrate storage units. Photos of the plant can be seen on the companys website at: http://www.tsodiloresources.com/s/Photo_Galle...tID=607642 (http://www.tsodiloresources.com/s/Photo_Gallery.asp?ReportID=607642) . The Company intends to spend some time refurbishing the plant in order to start treatment of the diamondiferous BK16 kimberlite during Phase 1 of the evaluation program towards the end of this year. Using very conservative estimated grades the Company intends to extract and treat some 3,500 tons in order to recover in excess over 200 carats during Phase 1 of the evaluation program. Tsodilo continues to advance its projects in an expedient and cost effective fashion buy utilizing its company owned drill rigs, geophysical equipment and now the DMS processing plant. This allows us to evaluate the potential of our projects in a fast and cost effective fashion which is crucial at any time but especially in todays economic environment. The outlook for diamonds is very positive and we want to move BK16 along as fast as we can. stated Tsodilos Chairman and CEO, James M. Bruchs. About Tsodilo Resources Limited: Tsodilo Resources Limited is an international diamond and metals exploration company engaged in the search for economic diamond and metal deposits at its Newdico (Pty) Limited ("Newdico" , Gcwihaba Resources (Pty) Limited ("Gcwihaba" projects and Bosoto (Pty) Limited (Bosoto) in Botswana. The Company has a 98% stake in Newdico (851 km2 under Precious Stone - diamond licenses). The Gcwihaba project area: 494 km2 under Precious Stone - diamond licenses; 11,158 km2 Metal (base, precious, platinum group, and rare earth) licenses; and, 3,912 km2 under Radioactive Minerals licenses is 100% held by the Company. The Company has a 75% stake in Bosoto (Pty) Ltd. which holds the exploration license for the BK16 kimberlite. Tsodilo manages the exploration of the Newdico, Gcwihaba and Bosoto license areas. The Company has offices in Toronto, Canada and Gaborone and Maun, Botswana. Please visit the Company's website, www.TsodiloResources.com (http://www.tsodiloresources.com/), for additional information and background on our projects. This press release contains forward-looking statements. All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements relating to the development of the Company's projects) are forward-looking statements. These forward-looking statements reflect the current expectations or beliefs of the Company based on information currently available to the Company. Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things, changes in equity markets, political developments in Botswana and surrounding countries, changes to regulations affecting the Company's activities, uncertainties relating to the availability and costs of financing needed in the future, the uncertainties involved in interpreting exploration results and the other risks involved in the mineral exploration business. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release. This news release may contain assumptions, estimates, and other forward-looking statements regarding future events. Such forward-looking statements involve inherent risks and uncertainties and are subject to factors, many of which are beyond the Company's control, which may cause actual results or performance to differ materially from those currently anticipated in such statements. FOR FURTHER INFORMATION PLEASE CONTACT: To view this table, please either click on the link below, or copy and paste the link into your browser: To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...082015.pdf Source: Tsodilo Resources Limited (TSX Venture:TSD) http://www.tsodiloresources.com/s/Home.asp Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2015 Filing Services Canada Inc. TSD.VN: 0.710 (-0.050)
