VANCOUVER, BC, Sept. 29,
2022 /CNW/ - Trevali Mining Corporation
("Trevali" or the "Company") announced today that Jill Gardiner and Jeane
Hull have each resigned as directors of the Company,
effective immediately.
Russell Ball will remain on the
Company's board of directors going forward to support the Company's
ongoing restructuring efforts.
All inquiries regarding the Companies' Creditors Arrangement Act
("CCAA") proceedings of the Company should be directed to the
court-appointed monitor, FTI Consulting Inc. (email:
Trevali@fticonsulting.com or telephone: +1-877-294-8998).
Information about the Company's CCAA proceedings, including all
court orders made and the Monitor's reports, are available on the
Monitor's website at
http://cfcanada.fticonsulting.com/trevali/.
About Trevali Mining
Corporation
Trevali is a global base-metals mining company headquartered in
Vancouver, Canada. 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"). Forward-looking statements are based
on the beliefs, expectations and opinions of management of the
Company as of the date the statement are published, and the Company
assumes no obligation to update any forward-looking statement,
except as required by law. 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, statements with respect to the CCAA proceedings and
creditor protection and the restructuring process, including the
outcome thereof. 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. Such factors include, among others,
operating in foreign jurisdictions with risk of changes to
governmental regulation; compliance with governmental regulations;
compliance with environmental laws and regulations; maintaining
ongoing social license to operate; limitations inherent in our
insurance coverage; litigation; and other risks of the mining
industry including, without limitation, 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.
SOURCE Trevali Mining Corporation