September 02, 2011 08:13 ET
Conference Call at 9:00 a.m. EST -
PERTH, WESTERN AUSTRALIA
(Marketwire - Sept. 2, 2011)
Talison Lithium Limited (
TSX:TLH) announced today that it will release financial results for the fiscal fourth quarter and full year 2011 before the market open on Monday, September 12, 2011. An investor conference call will be held at 9:00 a.m. EST. Peter Oliver, Chief Executive Officer and Managing Director, and Lorry Mignacca, Chief Financial Officer, will host the call.
Investors in
North America interested in participating in the live call should dial +1 (800) 295-4740 and enter passcode: 56641749. Those calling from outside North America should dial +1 (617) 614-3925 and use the same passcode. A telephone replay will be available approximately two hours after the call concludes through Tuesday, September 20, 2011 by dialing +1 (888) 286-8010 from North America, or +1 (617) 801-6888 from outside North America, and entering passcode: 69190363.
There will also be a simultaneous live webcast and presentation used during this call that will be available on the Company's website at
www.talisonlithium.com.
About Talison Lithium
Talison Lithium Ltd. (TSX: TLH | US: TLTHF) mines and processes lithium bearing mineral spodumene at Greenbushes near Perth, Western Australia. The company produces a range of lithium concentrates that are distributed to a well-established global customer base, including China.
The Greenbushes ore body is a highly mineralised zoned pegmatite with a
strike length of more than 3km. The Greenbushes Lithium Operations Mineral Reserve is unique among known lithium deposits in that it contains approximately 50% spodumene.
The Greenbushes Lithium Operations have two processing plants located at
the mining operations. One plant produces technical-grade lithium concentrates, the other produces chemical-grade lithium concentrate.
In September 2010, Talison Lithium merged with Salares Lithium Inc which gave it exposure to prospective lithium brine projects in Chile.
Cautionary Note Regarding Forward-Looking Statements
Certain information contained in this press release, including any information as to Talison's strategy, projects, plans, prospects, future outlook, anticipated events or results or future financial or operating performance, may constitute "forward-looking information" within the meaning of Canadian securities laws. All statements, other than statements of historical fact, constitute forward-looking information. Forward-looking information can often, but not always, be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "predicts", "potential", "continue" or "believes", or variations (including negative variations) of such words, or statements that certain actions, events or results "may", "could", "would", "should", "might", "potential to", or "will" be taken, occur or be achieved or other similar expressions concerning matters that are not historical facts. The purpose of forward-looking information is to provide the reader with information about Talison's expectations and plans. Readers are cautioned that forward-looking statements are not guarantees of future performance. All forward-looking statements made or incorporated in this press release are qualified by these cautionary statements.
Forward-looking statements are necessarily based on a number of factors, estimates and assumptions that, while considered reasonable by Talison, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Such factors, estimates and assumptions include, but are not limited to: anticipated financial and operating performance of Talison, its subsidiaries and their respective projects; Talison's market position; future prices of lithium or lithium concentrates; estimation of mineral reserves and mineral resources; realization of mineral reserve and mineral resource estimates; timing, amount and costs of estimated future production; grade, quality and content of concentrate produced; sale of production; capital, operating and exploration expenditures; costs and timing of the expansion of the Greenbushes Lithium Operations; exploration and development of the Salares 7 lithium project; costs and timing of future exploration; requirements for additional capital; government regulation of exploration, development and mining operations; environmental risks; reclamation and rehabilitation expenses; title disputes or claims; absence of significant risks relating to Talison's mining operations; the costs of Talison's hedging policy; sales risks related to China; currency; interest rates, and limitations of insurance coverage. While Talison considers these factors, estimates and assumptions to be reasonable based on information currently available to it, they may prove to be incorrect and actual results may vary. Readers are cautioned that forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Talison and/or its subsidiaries to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such risk factors include, among others, those described in the unaudited interim consolidated financial statements of Talison and the related notes thereto as at and for the three and nine month interim periods ended March 31, 2011 dated May 11, 2011 and under the heading "Risk Factors" in the annual information form of Talison for the year ended June 30, 2010 dated January 12, 2011 and in the short form prospectus of Talison dated February 8, 2011, each of which can be found on Talison's SEDAR profile at
www.sedar.com. While Talison considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect and actual results may vary.
Although Talison has attempted to identify statements containing important factors that could cause actual actions, event or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking information contained herein is made as of the date of this press release based on the opinions and estimates of Talison on the date statements containing such forward-looking information are made. Except as required by law, Talison disclaims any obligation to update any forward-looking information, whether as a result of new information, estimates or opinions, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information.
Talison Lithium trades on the Toronto Stock Exchange under the symbol
TLH.
and on the OTCBB as
TLTHF
Talison is not yet listed on the NYSE or HKSE.
