VANCOUVER, BC, Dec. 3, 2021 /PRNewswire/ - 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.
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SOURCE Trevali Mining Corporation