Closing and Increase in 1,270,000 Unit Private Placement at $0.20 Per Unit to 1,728,000 Units
This news release was prepared on behalf of the Board of Directors, which accepts full responsibility for its contents.
On behalf of the Board:
"Donald Wedman"
Don Wedman, P.Eng.
President/CEO
CMC METALS LTD.
For further information on the Company, please contact Mr. Gord Zelko, VP Business Relations at StoxNetwork Corp. Telephone: 250-495-7123, or Email: contact@stoxnetwork.com.
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.
YESAB Executive Committee Silver Hart Project Review
The proposed Silver Hart project is for a 20,000 tonne per year mine and an 80 tonne per day mill facility. Mining of the TM and S zone will be on a seasonal basis (June to October) and milling will be on a year round basis. The first two years will be by surface mining methods and then continued by underground methods.
In compliance with NI 43-101, Don Wedman, P.Eng., President and Chief Executive Officer of the Company, is the Qualified Person who prepared or supervised the preparation of the technical information presented in this news release.
This news release was prepared on behalf of the Board of Directors, which accepts full responsibility for its contents.
On behalf of the Board:
"Donald W. Wedman"
Donald W. Wedman, P.Eng.
CMC METALS LTD.
For further information on the Company, please contact Mr. Gord Zelko, VP Business Relations at StoxNetwork Corp. Telephone: 250-495-7123, or Email: gz@mineralstocks.com.
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.
Repricing of Private Placement from $0.25 per Unit to $0.20 per Unit
This news release was prepared on behalf of the Board of Directors, which accepts full responsibility for its contents.
On behalf of the Board:
"Michael C. Scholz
Michael C. Scholz
CMC METALS LTD.
For further information on the Company, please contact Mr. Gord Zelko, VP Business Relations at StoxNetwork Corp. Telephone: 250-495-7123, or Email: gz@mineralstocks.com.
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.
Continuation of Private Placement and Increase in Units Offered @ $0.25 per Unit / Investor Relations
Closing of the private placement is anticipated to occur on or before February 15, 2010, and is subject to the negotiation, execution and delivery of definitive agreements and the receipt of applicable regulatory approvals including approval of the Exchange. Any securities to be issued will be subject to a hold period of four months from the closing date in accordance with the rules and policies of the Exchange and applicable Canadian securities laws. No "control persons" (as defined in Policy 4.1 of the Exchange) or new insiders are expected to be created as a result of the private placement.
The Company further announces that Gord Zelko of StoxNetwork Corp. will also be providing investor relations and shareholder communications services to the Company on an ongoing monthly basis effective February 1, 2010. As announced in the Company's April 15, 2009 press release, Mr. Zelko was previously appointed as the Company's Vice President of Business Development. Following issuance of the recent revocation order by the British Columbia Securities Commission in respect of the securities of the Company, Mr. Zelko's role has now been expanded to include investor relations and shareholder communications services. Mr. Zelko will continue to receive a fee of $6,500, plus GST, per month and be reimbursed for expenses in connection with his work as Vice-President, Business Development and shareholder communications.
This news release was prepared on behalf of the Board of Directors, which accepts full responsibility for its contents.
On behalf of the Board:
"Michael C. Scholz
Michael C. Scholz
CMC METALS LTD.
For further information on the Company, please contact Mr. Gord Zelko, VP Business Relations at StoxNetwork Corp. Telephone: 250-495-7123, or Email: gz@mineralstocks.com.
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.
Revocation of Cease Trade Order
The Company is in the process of making application to the TSX Venture Exchange to reinstate for trading its common shares on the TSX Venture Exchange
This news release was prepared on behalf of the Board of Directors, which accepts full responsibility for its contents.
On behalf of the Board:
"Don Wedman"
Don Wedman, P.Eng.
CEO
CMC METALS LTD.
For further information on the Company, please contact Mr. Gord Zelko, VP Business Relations at StoxNetwork Corp. Telephone: 250-495-7123, or Email: gz@mineralstocks.com.
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.