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Elevation Gold Reports Claim by Royalty Holder

Elevation Gold Reports Claim by Royalty Holder

Elevation Gold 報告了版稅持有人的索賠
PR Newswire ·  04/12 23:36

VANCOUVER, BC, April 12, 2024 /PRNewswire/ - On April 4, 2024, Elevation Gold Mining Corporation (TSXV: ELVT) (OTCQB: EVGDF) (the "Company" or "Elevation Gold") announced that as a result of lower-than-expected production, the Company temporarily suspended its royalty/finder fee payments and silver stream delivery obligations to preserve sufficient liquidity for the continued operation of the Moss Mine, and that certain royalty holders had not consented to such suspension. The Company now further advises that Patriot Gold Corp. ("Patriot"), which holds a 3% net smelter returns royalty (the "NSR Royalty") on the Moss Mine, has filed a claim (the "Claim") in the Arizona State Superior Court (the "Court") for payment of amounts owning pursuant to the NSR Royalty. The Company continues to engage with Patriot in an effort to resolve the Claim without litigation.

不列顛哥倫比亞省溫哥華,2024年4月12日 /PRNewswire/-2024年4月4日,Elevation Gold Mining Corporation(TSXV:ELVT)(OTCQB:EVGDF)(“公司” 或 “Elevation Gold”)宣佈,由於產量低於預期,該公司暫時暫停了特許權使用費/探索費和銀流交付義務,以保留足夠的流動性來維持莫斯礦的持續運營等特許權使用費持有人不同意這種暫停。該公司現在進一步表示,持有莫斯礦3%的淨冶煉廠特許權使用費(“NSR特許權使用費”)的愛國者黃金公司(“愛國者”)已向亞利桑那州高等法院(“法院”)提出索賠(“索賠”),要求支付根據NSR特許權使用費所擁有的款項。公司繼續與愛國者合作,努力在不提起訴訟的情況下解決索賠。

The Company will provide further updates on this matter in due course.

公司將在適當時候提供有關此事的進一步最新情況。

ON BEHALF OF THE BOARD OF ELEVATION GOLD MINING CORPORATION

代表 ELEVATION GOLD MINING CORPORATION 董事會

"Tim J. Swendseid"

“Tim J. Swendseid”

Tim J. Swendseid, CEO of Elevation Gold Mining Corporation

Elevation Gold Mining Corporation 首席執行官 Tim J

About Elevation Gold Mining Corporation
關於 Elevation 黃金礦業公司

Elevation Gold is a publicly listed gold and silver producer, engaged in the acquisition, exploration, development and operation of mineral properties located in the United States. Elevation Gold's common shares are listed on the TSX Venture Exchange ("TSXV") in Canada under the ticker symbol ELVT and on the OTCQB in the United States under the ticker symbol EVGDF. The Company's principal operation is its 100% owned Moss Mine in the Mohave County of Arizona. Elevation also holds the title to the Hercules exploration property, located in Lyon County, Nevada.

Elevation Gold是一家上市的黃金和白銀生產商,從事位於美國的礦產的收購、勘探、開發和運營。Elevation Gold的普通股在加拿大多倫多證券交易所風險交易所(“TSXV”)上市,股票代碼爲ELVT,並在美國的OTCQB上市,股票代碼爲EVGDF。該公司的主要業務是其位於亞利桑那州莫哈維縣的 100% 控股的莫斯礦。Elevation 還擁有位於內華達州里昂縣的 Hercules 勘探地產的所有權。

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.

多倫多證券交易所風險投資交易所及其監管服務提供商(該術語在多倫多證券交易所風險投資交易所的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。

Cautionary Statement on Forward-Looking Information
關於前瞻性信息的警示聲明

This press release contains forward looking statements within the meaning of applicable securities laws. The use of any of the words "anticipate", "plan", "continue", "expect", "estimate", "objective", "may", "will", "project", "should", "predict", "potential" and similar expressions are intended to identify forward looking statements. In particular, this press release contains forward looking statements concerning negotiations regarding the Claim, and the potential further advancement of the Claim. Although the Company believes that the expectations and assumptions on which the forward looking statements are based are reasonable, undue reliance should not be placed on the forward looking statements because the Company cannot give any assurance that they will prove correct. Since forward looking statements address future events and conditions, they involve inherent assumptions, risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of assumptions, factors and risks. These assumptions and risks include, but are not limited to, assumptions and risks associated with the ability of the Company to reach a negotiated settlement regarding the subject matter of the Claim, and the results of any potential litigation relating to the Claim.

本新聞稿包含適用證券法所指的前瞻性聲明。使用 “預測”、“計劃”、“繼續”、“期望”、“估計”、“目標”、“可能”、“將”、“項目”、“應該”、“預測”、“潛力” 等詞語中的任何詞語都是爲了識別前瞻性陳述。特別是,本新聞稿包含有關索賠談判的前瞻性聲明,以及索賠可能的進一步進展。儘管公司認爲前瞻性陳述所依據的預期和假設是合理的,但不應過分依賴前瞻性陳述,因爲公司無法保證這些陳述會被證明是正確的。由於前瞻性陳述涉及未來的事件和狀況,因此它們涉及固有的假設、風險和不確定性。由於許多假設、因素和風險,實際結果可能與目前的預期有重大差異。這些假設和風險包括但不限於與公司就索賠標的達成談判和解的能力相關的假設和風險,以及與索賠有關的任何潛在訴訟的結果。

Management has provided the above summary of risks and assumptions related to forward looking statements in this press release in order to provide readers with a more comprehensive perspective on the Company's future operations. The Company's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive from them. These forward looking statements are made as of the date of this press release, and, other than as required by applicable securities laws, the Company disclaims any intent or obligation to update publicly any forward looking statements, whether as a result of new information, future events or results or otherwise.

管理層在本新聞稿中提供了上述與前瞻性陳述相關的風險和假設摘要,以便讀者更全面地了解公司的未來運營。公司的實際業績、業績或成就可能與這些前瞻性陳述所表達或暗示的業績、業績或成就存在重大差異,因此,無法保證前瞻性陳述所預期的任何事件會發生或發生,也無法保證其中任何事件會給公司帶來什麼好處。這些前瞻性聲明自本新聞稿發佈之日起作出,除適用的證券法要求外,公司不承擔任何公開更新任何前瞻性陳述的意圖或義務,無論是由於新信息、未來事件或業績還是其他原因。

SOURCE Elevation Gold Mining Corp.

來源 Elevation 金礦公司

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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