Trevali Announces Enhancement of Monitor's Powers in CCAA Proceedings

Trevali Mining Corporation (the " Company ") announced that on June 28, 2023 on application by the Company, the Supreme Court of British Columbia (the " Court ") granted an order dated June 28, 2023 in the Company's ongoing Companies' Creditors Arrangement Act proceedings (the " CCAA Proceedings ") pursuant to which FTI Consulting Canada Inc., the Court appointed " Monitor ", has been granted enhanced powers in the CCAA Proceedings with respect to the Company's business and affairs.

Trevali Mining Corporation Logo (CNW Group/Trevali Mining Corporation)

In connection with the order of the Court enhancing the Monitor's powers to manage the Company, the Company's remaining officers (being Brendan Creaney , Chief Financial Officer, and Steven Molnar , Chief Legal Officer and Corporate Secretary) and all other employees have ceased their employment with the Company. In addition, Russell Ball has resigned as a director of the Company effective as of June 29, 2023 .

About Trevali Mining Corporation

The Company is a base-metals company headquartered in Vancouver, Canada . All inquiries regarding the Company and the CCAA Proceedings should be directed to the Monitor (email: Trevali@fticonsulting.com or telephone: +1-877-294-8998). Information about the Company's CCAA Proceedings, including all court orders, are available on the Monitor's website ( https://cfcanada.fticonsulting.com/trevali/ ).

For further details on the Company, readers are referred to the Company's regulatory filings on SEDAR at www.sedar.com .

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SOURCE Trevali Mining Corporation

Cision View original content to download multimedia: https://www.newswire.ca/en/releases/archive/June2023/30/c2799.html

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