The Investment Whisperer
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

The Investment Whisperer

Investing

Clarification Announcement

by admin July 26, 2024
July 26, 2024
Clarification Announcement

C29 Metals Limited (ASX:C29) (C29, or the Company) released an announcement to ASX on 24 July 2024 titled “License Applications Lodged around Ulytau Uranium Project” (Announcement). Following discussions with the ASX, the Company retracts the information in respect of the foreign estimates and foreign exploration results included in the Announcement.

The foreign exploration results were previously disclosed pursuant to Question 36 of the ASX “Mining Reporting Rules for Entities: Frequently ASX Questions” (FAQ 36). The concession provided by FAQ 36 only applies to the initial announcement of an acquisition agreement and in any related communications. Thereafter, if any reference is made to the foreign exploration results in an announcement, ASX will regard an entity as reporting those results for the first time and it will have to do so in accordance with Chapter 5 of the Listing Rules and the JORC Code 2012. Accordingly, the Company retracts the information in respect to foreign exploration results included in the Announcement.

The foreign estimates are not reported in accordance with the JORC code 2012. A competent person has not done sufficient work to classify the foreign estimates as a mineral resource estimate in accordance with the JORC Code 2012. It is uncertain that following evaluation and/or further exploration work that the foreign estimate will be able to be reported as a mineral resource in accordance with the JORC Code 2012. Accordingly, the Company retracts the information in respect to foreign estimates included in the Announcement.

This announcement has been authorised by the Board of C29 Metals Limited.

Click here for the full ASX Release

This post appeared first on investingnews.com

0
FacebookTwitterGoogle +Pinterest
previous post
Eric Sprott Announces Changes to His Holdings in Freegold Ventures Limited
next post
Top 3 Canadian Rare Earths Stocks

Related Posts

Greenridge to Expand Canadian Uranium Portfolio with ALX...

October 17, 2024

Randy Smallwood: Gold Price Strong, Now it’s Time...

March 25, 2025

Mineral Resource Update – Mt Boppy Gold Project

April 20, 2024

How to Invest in Quantum Computing Companies (Updated...

January 16, 2025

Tech Stocks, Cryptocurrencies Pull Back as OpenAI Competitor...

January 28, 2025

Rio Tinto Spends Record AU$10.3 Billion with Western...

April 12, 2025

Coniagas Battery Metals

March 15, 2024

Adisyn Ltd (ASX: AI1) – Reinstatement to Quotation

October 23, 2024

Element79 Announces Extension to Proposed Spin Out and...

May 2, 2025

Cardiol Therapeutics Files Preliminary Prospectus Supplement for Proposed...

October 9, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Categories

    • Business (1,484)
    • Investing (3,794)
    • Politics (5,086)
    • World (4,762)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: TheInvestmentWhisperer.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 TheInvestmentWhisperer.com | All Rights Reserved