Aldridge to Release Feasibility Study Results and Host a Conference Call on Wednesday April 3, 2013
TORONTO, April 1, 2013 /CNW/ - Aldridge Minerals Inc. (TSX Venture: AGM) ("Aldridge" or the "Company") expects to release results of the Feasibility Study for its Yenipazar gold and polymetallic VMS deposit in central Turkey prior to market open on Wednesday April 3, 2013.
Aldridge management will host a conference call on April 3, 2013 at 10:00 am (Toronto time) to discuss the Feasibility Study. Mr. Mario Caron, President and CEO, will chair the call. All interested parties can join the conference call by dialing 1-888-231-8191 or 1-647-427-7450. Please dial in 15 minutes prior to the call to secure a line.
The Company is also pleased to announce the appointment of Denise Williams as Corporate Secretary and officer of the Company. Denise holds an Hon. BSc. from York University, a Juris Doctor (J.D.) from Osgoode Hall Law School and a Professional Masters of Law (LL.M) from the University of Toronto. Prior to joining Aldridge, Denise was an associate at Fraser Milner Casgrain LLP. Denise is a member of the Law Society of Upper Canada.
Annual and Special Meeting of Shareholders Scheduled
Aldridge will host its Annual and Special Meeting of Shareholders in the Melinda Gallery at 1 King West Hotel in downtown Toronto, Ontario, Canada on Wednesday, May 15, 2013 at 11:00 a.m. (Toronto time). Shareholders of record as of March 15, 2013 will be entitled to vote on all matters under consideration at the meeting. Proxy materials will be mailed to shareholders of record in advance of the meeting.
Aldridge is a near development stage mining company focused on advancing its Yenipazar gold and polymetallic VMS deposit (Ag, Cu, Pb, Zn) in Turkey - a country that is committed to developing its natural resources and is rapidly emerging as an economic powerhouse. Aldridge is currently in the final stages of completing the Yenipazar feasibility study. The Yenipazar project is subject to an earn-in agreement with Alacer Gold Corp., wherein Aldridge can earn a 100% working interest subject to certain conditions, subject to a 6% net profit interest ("NPI", revenues less operational costs) until revenues of US$165 million are generated, and a 10% NPI from there on.
Caution Regarding Forward-Looking Information
This news release includes certain forward-looking statements within the meaning of Canadian securities laws. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed in such forward-looking statements. Forward-looking statements in this news release, include, but are not limited to, economic performance and future plans and objectives of Aldridge. Any number of important factors could cause actual results to differ materially from these forward-looking statements as well as future results. Although Aldridge believes that the assumptions and factors used in making the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed timeframes or at all. Aldridge disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
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.
SOURCE Aldridge Minerals Inc.