Zinc

Trevali Mining Corporation   is pleased to announce that it has completed its previously announced share consolidation on the basis of one post-Consolidation common share for every ten pre-Consolidation common shares. The Consolidation will reduce the number of Common Shares issued and outstanding from approximately 989,464,731 Common Shares to approximately 98,946,187 Common Shares. The Common Shares are expected ...

Trevali Mining Corporation ("Trevali" or the "Company") (TSX: TV) (BVL: TV) (OTCQX: TREVF) ( Frankfurt : 4TI) is pleased to announce that it has completed its previously announced share consolidation (the "Consolidation") on the basis of one (1) post-Consolidation common share for every ten (10) pre-Consolidation common shares. The Consolidation will reduce the number of Common Shares issued and outstanding from approximately 989,464,731 Common Shares to approximately 98,946,187 Common Shares. The Common Shares are expected to commence trading on the Toronto Stock Exchange (the "TSX") on a post-Consolidation basis on the opening of trading on December 6, 2021 .

The Company's new CUSIP number is 89531J786 and its new ISIN number is CA89531J7868.

ABOUT TREVALI

Trevali is a global base-metals mining Company headquartered in Vancouver, Canada . The bulk of Trevali's revenue is generated from base-metals mining at its four operational assets: the 90%-owned Perkoa Mine in Burkina Faso , the 90%-owned Rosh Pinah Mine in Namibia , the wholly-owned Caribou Mine in northern New Brunswick, Canada and the wholly-owned Santander Mine in Peru . In addition, Trevali owns the Halfmile and Stratmat Properties and the Restigouche Deposit in New Brunswick , Canada, and the past-producing Ruttan Mine in northern Manitoba, Canada . Trevali also owns an effective 44%- interest in the Gergarub Project in Namibia , as well as an option to acquire a 100% interest in the Heath Steele deposit located in New Brunswick, Canada .

The shares of Trevali are listed on the TSX (symbol TV), the OTCQX (symbol TREVF), the Lima Stock Exchange (symbol TV), and the Frankfurt Exchange (symbol 4TI). For further details on Trevali, readers are referred to the Company's website ( www.trevali.com ) and to Canadian regulatory filings on SEDAR at www.sedar.com .

Cautionary Note Regarding Forward-Looking Information and Statements

This news release contains "forward-looking information" within the meaning of Canadian securities legislation and "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 (collectively, "forward-looking statements"). In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects", "outlook", "guidance", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might", "will be taken", "occur" or "be achieved" or the negative of these terms or comparable terminology.

Forward-looking statements relate to future events or future performance and reflect management's expectations or beliefs regarding future events including, but not limited to, expectations relating to the timing of the trading of Trevali's shares on a post-Consolidation basis. Forward-looking statements are based on the beliefs, expectations, assumptions and opinions of management of the Company as of the date the statements are published, including, with respect to the forward-looking statements in this news release, the timing of the trading of Trevali's shares on a post-Consolidation basis. By their very nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, without limitation, the risk that Trevali's shares do not trade on a post-Consolidation basis on the timeline currently proposed, or at all; and other risks of the mining industry including, without limitation, other risks and uncertainties that are more fully described in the Company's annual information form, interim and annual audited consolidated financial statements and management's discussion and analysis of those statements, all of which are filed and available for review under the Company's profile on SEDAR at www.sedar.com . Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Trevali provides no assurance that forward-looking statements will prove to be accurate, as actual results and future events may differ from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

View original content to download multimedia: https://www.prnewswire.com/news-releases/trevali-announces-closing-of-share-consolidation-301436790.html

SOURCE Trevali Mining Corporation

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/December2021/03/c3747.html

News Provided by Canada Newswire via QuoteMedia

Zinc Outlook 2022: Analysts Expect Small Refined Deficit

Zinc Outlook 2022: Analysts Expect Small Refined Deficit

Click here to read the previous zinc outlook.

After an uncertain 2020, zinc rose steadily in 2021, hitting a 14 year high in the second half of the year.

The power crisis and increasing demand for the base metal as strict COVID-19-related lockdown restrictions were lifted supported prices for zinc during the 12 month period.

As the new year begins, the Investing News Network (INN) caught up with analysts to find out what’s ahead for zinc supply, demand and prices. Read on to learn what they had to say.

Keep reading... Show less

Tinka Increases Scale of The High-Grade Copper-Gold Discovery at Silvia NW

VANCOUVER, BC / ACCESSWIRE January 13, 2022 / Tinka Resources Limited ("Tinka" or the "Company") (TSXV & BVL: TK) (OTCQB: TKRFF) is pleased to announce an exploration update at its 100% owned zinc-silver and copper-gold projects in Central Peru.

HIGHLIGHTS:

Keep reading... Show less
model showing miners working

Zinc Trends 2021: Prices Rally as Energy Crisis Hits Supply

Click here to read the previous zinc trends article.

Zinc prices surged more than 20 percent in 2021, touching their highest level in 14 years in October.

A demand rebound after economies around the world lifted restrictions, paired with supply-side concerns over rising power costs, helped the base metal hit a yearly high of US$3,794.50 per tonne.

Here the Investing News Network (INN) looks back at the zinc trends for 2021, from supply and demand dynamics to how the metal performed and what analysts said quarter by quarter.

Keep reading... Show less

Top Junior Zinc Stocks on the TSXV

Click here to read the previous top junior zinc stocks article.

After becoming one of 2020's best-performing metals, zinc rallied into 2021 to reach a 14 year high.

The base metal started January at US$2,799 per tonne on the London Metal Exchange. As global economies begin to rebound from the COVID-19 pandemic, zinc held onto its gains, surpassing US$3,900 in October.

Upward price action in the zinc market has also been good for junior zinc-mining stocks. Here’s a look at the five top junior zinc stocks on the TSXV that have seen share price gains year-to-date.

Keep reading... Show less
Rumble Resources

Major Zinc-Lead-Silver-Copper Feeder Fault Zone Intersected

Rumble Resources Limited (ASX: RTR) (“Rumble” or “the Company”) is pleased to announce that the ongoing scoping drilling at the Earaheedy Project has discovered a major feeder fault zone with very significant zinc-lead-silver mineralisation along with strong copper mineralisation at the Chinook Prospect. Additionally, the first round of drilling at the Navajoh Prospect has delineated significant flat lying unconformity style zinc-lead-silver mineralisation similar to the Chinook and Tonka discoveries.
Keep reading... Show less
Metallum to Issue Shares to CEO; Reports on Change In Directors

Metallum to Issue Shares to CEO; Reports on Change In Directors

(TheNewswire)

Keep reading... Show less

Latest Press Releases

Related News

×