TORONTO, November 30, 2022 (GLOBE NEWSWIRE) — Pasinex Resources Limited (CSE: PSE) (FSE: PNX) (the ‘Company’ or ‘Pasinex’) today announced the acquisition of Akkaya Operational Exploration Licenses for Horzum AS and Pasinex Arama. Both licenses were extended until November 2032 he in the Adana province of Turkiye.
Pasinex Chief Financial Officer Andrew Gottwald commented: He would like to thank both the team at Horzum AS and his MAPEG officials for working with us to meet all regulatory requirements to renew our license. We can now focus on expanding our minable resources for the long-term benefit of all stakeholders, including our shareholders, Horzum AS employees and the local community. ”
Pasinex Resources Limited is a Toronto-based mining company with a wholly owned subsidiary Pasinex Arama ve Madencilik Anonim Sirketi (“Pasinex Arama”). Horzum AS owns 100% of his production Pinalgoz high-grade zinc mine. Horzum AS sells directly to zinc smelters and refiners or through commodity brokers from the Türkiye mining site. The Company also holds an option to acquire his 80% interest in the Gunman High Grade Zinc Exploration Project in Nevada. Pasinex has a strong technical management team with many years of mineral exploration and mining project development experience. Pasinex’s mission is to build a medium-sized zinc company based on mining and exploration projects in Turkey and Nevada. Please visit our website www.pasinex.com.
On behalf of the Board of Directors
Pasinex Resources Limited
CSE is not responsible for the adequacy or accuracy of this news release.
This news release contains forward-looking statements that involve risks and uncertainties. Forward-looking statements involve known and unknown risks, uncertainties and may cause our actual results to differ materially from past results or future results expressed or implied by forward-looking statements. Other factors are included.
All statements other than statements of historical fact are considered forward-looking. Although Pasinex believes that the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and are not Developments may differ materially from forward-looking statements. Factors that could cause actual results to differ materially from forward-looking statements include market prices, continued availability of capital and financing, exploration results and general economic, market or business includes the situation of There can be no assurance that such statements are accurate and readers are advised to rely on their own assessment of such uncertainties. We undertake no obligation to update any forward-looking statements.
Pasinex Announces Receipt of Operating License, Canadian Business Journal
Source link Pasinex Announces Receipt of Operating License, Canadian Business Journal