- Announces that an Annual and Special General Meeting is to be held on February 20, 2018
- Agenda for the meeting includes, amongst other Resolutions, a proposed Resolution to change the name of the Company to “Tartisan Nickel Corp.â€, or such other name as may be approved.
Toronto, Ontario – Tartisan Resources Corp. (CSE: TTC, FSE: 8TA) (“Tartisanâ€, or the “Companyâ€) announces that an Annual and Special General Meeting is to be held on February 20, 2018. The Record date for the meeting has been fixed as January 12, 2018. Full particulars can be found on Sedar.
The Agenda for the meeting includes, amongst other Resolutions, a proposed Resolution to change the name of the Company to “Tartisan Nickel Corp.â€, or such other name as may be approved.
The proposed change is designed to reflect the Company’s focus on the nickel space following the acquisition of Canadian Arrow Mines Limited whose assets include the Kenbridge project near Kenora, Ontario and the Alexo-Kelix mine near Timmins, Ontario.
The Kenbridge project contains a nickel-copper-cobalt sulphide deposit containing over 44,000 tonnes of nickel in the measured and indicated categories, as reported on Sedar, as follows:
Measured Resource: 3,546,000 tonnes grading 0.45% nickel, 0.24% copper and 0.015% cobalt
Indicated Resource: 3,593,000 tonnes grading 0.79% nickel, 0.42% copper and 0.018% cobalt.
In total a contained 98 million pounds of nickel exists in both categories. The Kenbridge project is equipped with a 620 metre shaft and has never been mined. Mineralization is open at depth and along strike.
The Company also wishes to announce pursuant to the Canadian Arrow acquisition that the Company has issued a total of 4,056,767 shares to creditors of Canadian Arrow in settlement of debt of $608,500 at a deemed price of fifteen cents per share and a total of 469,340 shares to settle certain debt to a consultant and to directors of Tartisan at a deemed price of fifteen cents per share to settle debt of $70,400.
About Tartisan Resources Corp.
Tartisan Resources Corp. is a Canadian based mineral exploration and development company which owns a 100% stake in the Don Pancho Zinc-lead-silver project in Peru just 9 km from Trevali’s Santander mine and owns a 100% stake in the Ichuna Copper-silver project, also in Peru, contiguous to Buenaventura’s San Gabriel property.
Tartisan’s portfolio also includes an equity stake (6 million shares and 3 million warrants @ 40 cents) in Eloro Resources Ltd. ( TSX.V: ELO ).
Tartisan Resources Corp. common shares are listed on the Canadian Securities Exchange (CSE:TTC, FSE 8TA). Currently, there are 84,839,210 shares outstanding (97,142,594 fully diluted).
For further information, please contact Mr. D. Mark Appleby, President & CEO and a Director of the Company, at 416-804-0280 ([email protected]). Additional information about Tartisan can be found at the Company’s website at www.tartisanresources.com or on SEDAR at www.sedar.com.
This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
Jim Steel MBA, P.Geo., a Qualified Person in the context of NI 43-101, has reviewed and approved the technical content of this news release.
The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.
To view the associated document to this release, please click on the following link:
public://news_release_pdf/Tartisan01292018.pdf
To view the original release, please click here
