VANCOUVER, May 3 /PRNewswire/ - Curis Resources Ltd. ("Curis") (TSX: CUV) announces that it will begin trading on the Toronto Stock Exchange ("TSX") on Wednesday May 4, 2011 under the symbol CUV.
President & CEO Michael McPhie said: "Curis has reached a number of milestones over the past six months. The Company went public in November 2010 and concurrently completed a significant financing. We have now achieved a TSX listing, which we believe will raise the Company's profile with institutional investors."
"Activities at our flagship Florence Copper Project are also progressing well. The formal process to amend and update the existing major operating permits and site zoning requirements for the project continues to advance as originally anticipated. With a project feasibility study now underway and a comprehensive public outreach program ongoing, we are well positioned to begin the first phase of development of the project at the beginning of 2012," said McPhie. "The Florence Copper Project represents a unique opportunity to bring to market a low cost, next generation copper producer at the right time and in the right place. This is an advanced stage copper development project on private land in Central Arizona, USA that was formerly advanced to feasibility level of assessment, full project permits and the completion of a successful pilot test in 1999. Curis is now advancing the project forward with the goal of achieving commercial production in early 2014."
About Curis Resources Ltd.
Curis Resources Ltd. is a mineral development company, the major shareholder of which is Hunter Dickinson Inc. (HDI). Curis is focused on the acquisition, development and operation of high-quality next-generation copper properties in progressive jurisdictions around the world. It is currently focused on advancing its 100% owned Florence Project in Arizona USA to production. For more project-level information, sign up for the Florence Copper Project's e-Newsletter.
Hunter Dickinson Inc. (HDI) is a diversified, global mine development company with a 25-year history of mineral development success. From its head office in Vancouver, Canada, HDI applies its unique strengths and capabilities to acquire, develop, operate and monetize mineral properties that provide consistently superior returns to shareholders.
President & CEO
Neither the TSX Venture Exchange nor its Regulation Services Provide (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address exploration drilling, exploitation activities and events or developments that the company expects are forward-looking statements. Although the Company 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. Factors that could cause actual results to differ materially from those in forward-looking statements include fluctuation in market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary environmental, land use and other permits, approvals, licenses and title on a timely basis and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com.
SOURCE Curis Resources Inc.