Tasman Files Financial Results for the Three Months Ended November 30, 2013
13 Gennaio 2014 - 10:35PM
Marketwired
Tasman Files Financial Results for the Three Months Ended November
30, 2013
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 13, 2014) -
Tasman Metals Ltd. ("Tasman" or the "Company") (TSX-VENTURE:TSM)
(FRANKFURT:T61) (NYSEMKT:TAS). Mr. Mark Saxon, President & CEO,
announces that the Company has made its interim filings for the
quarter ended November 30, 2013, with United States and Canadian
Regulators on January 13, 2014.
The Company's
interim report for the quarter ended November 30, 2013, is
available for viewing and retrieval through EDGAR at www.sec.gov,
through SEDAR at www.sedar.com, and on the Company's website at
www.tasmanmetals.com.
Tasman shareholders
wishing to obtain free printed copies of the interim report may
contact Tasman via email at info@tasmanmetals.com or at Suite 1305
- 1090 West Georgia Street, Vancouver, BC, V6E 3V7.
About Tasman Metals
Ltd.
Tasman Metals Ltd is
a Canadian mineral development company focused on critical metals
including Rare Earth Elements (REE's) and tungsten (W) in
Scandinavia. Tasman is listed on the TSX Venture Exchange under the
symbol "TSM" and the NYSE-MKT under the symbol "TAS". REE and
tungsten demand is increasing, due to the metals' unique properties
that make them essential for high technology and industry. Since
over 95% of REE and 80% of tungsten supply is sourced from China,
the European Commission promotes policy to develop domestic supply
of critical metals to ensure the security of industry. Tasman
receives research funding from the European Commission.
Tasman's exploration
portfolio is uniquely placed, with the capacity to deliver
strategic metals from politically stable, mining friendly
jurisdictions with developed infrastructure and skills. The
Company's Norra Karr and Olserum projects in Sweden are two of the
most significant heavy REE resources in the world, enriched in
dysprosium, yttrium, terbium and neodymium. The Company is now
focused on the safe, sustainable and responsible development of its
Scandinavian mineral portfolio.
On behalf of the Board,
Mark Saxon, President & CEO
The TSX Venture
Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange), the NYSE -
MKT nor the Frankfurt Stock Exchange accepts responsibility for the
adequacy or accuracy of this news release.
Cautionary Note to
U.S. Investors Concerning Mineral Resources and Reserves. In this
news release, the definition of "mineral resources" is that used by
the Canadian securities administrators and conforms to the
definition utilized by CIM in the "CIM Standards on Mineral
Resources and Reserves - Definitions and Guidelines" adopted on
August 20, 2000 and amended December 11, 2005.
The standards
employed in estimating the mineral resources referenced in this
news release differ significantly from the requirements of the
United States Securities and Exchange Commission (the "SEC") and
the resource information reported may not be comparable to similar
information reported by United States companies. The term
"resources" does not equate to "reserves" and normally may not be
included in documents filed with the SEC. "Resources" are sometimes
referred to as "mineralization" or "mineral deposits." While the
terms "mineral resource", "measured mineral resource", "indicated
mineral resource" and "inferred mineral resource" are recognized
and required by Canadian regulations, they are not defined terms
under standards in the United States and normally are not permitted
to be used in reports and registration statements filed with the
SEC.
The terms "mineral
reserve," "proven mineral reserve" and "probable mineral reserve"
are Canadian mining terms as defined in accordance with National
Instrument 43-101 - Standards of Disclosure for Mineral
Projects ("NI 43-101") and the CIM - CIM Definition Standards
on Mineral Resources and Mineral Reserves, adopted by the CIM
Council, as may be amended from time to time by the CIM. These
definitions differ from the definitions in the United States
Securities and Exchange Commission Industry Guide 7 ("SEC Industry
Guide 7") under the Securities Act of 1933. Under Canadian rules,
estimates of inferred mineral resources may not form the basis of
feasibility or prefeasibility studies, except in rare cases.
Disclosure of "contained ounces" in a resource is permitted
disclosure under Canadian regulations; however, the SEC normally
only permits issuers to report mineralization that does not
constitute "reserves" by SEC standards as in place tonnage and
grade without reference to unit measures.
The estimation of
measured, indicated and inferred mineral resources involves greater
uncertainty as to their existence and economic feasibility than the
estimation of proven and probable reserves. U.S. investors are
cautioned (i) not to assume that measured or indicated resources
will be converted into reserves and (ii) not to assume that
estimates of inferred mineral resources exist, are economically or
legally minable, or will be upgraded into measured or indicated
mineral resources. It cannot be assumed that the Company will
identify any viable mineral resources on its properties or that any
mineral reserves, if any, can be recovered profitably, if at all.
As such, information contained in this news release and the
documents incorporated by reference herein concerning descriptions
of mineralization and resources under Canadian standards may not be
comparable to similar information made public by United States
companies in SEC filings.
Cautionary
Statements. Certain statements found in this release may constitute
forward-looking statements as defined in the U.S. Private
Securities Litigation Reform Act of 1995. Forward-looking
statements reflect the speaker's current views with respect to
future events and financial performance and include any statement
that does not directly relate to a current or historical fact. Such
statements reflect the current risks, uncertainties and assumptions
related to certain factors including, without limitations,
competitive factors, general economic conditions, customer
relations, uncertainties related to the availability and costs of
financing, unexpected geological conditions, success of future
development initiatives, imprecision in resource estimates, ability
to obtain necessary permits and approvals, relationships with
vendors and strategic partners, the interest rate environment,
governmental regulation and supervision, seasonality, technological
change, changes in industry practices, changes in world metal
markets, changes in equity markets, environmental and safety risks,
and one-time events. Should any one or more of these risks or
uncertainties materialize, or should any underlying assumptions
prove incorrect, actual results may vary materially from those
described herein. Forward-looking statements cannot be guaranteed
and actual results may vary materially due to the uncertainties and
risks, known and unknown, associated with such statements.
Shareholders and other readers should not place undue reliance on
"forward-looking statements," as such statements speak only as of
the date of this release.
Tasman Metals Ltd.Jim PowellV.P. - Corporate Development+ 1
(647) 478 8952jpowell@tasmanmetals.comTasman Metals Ltd.Mariana
Bermudez+1 (604) 685 9316info@tasmanmetals.comTasman Metals
Ltd.1305 - 1090 West Georgia St., Vancouver, BC, V6E
3V7www.tasmanmetals.com
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