Focus signs offtake agreement with Chinese Conglomerate for 10 years of Graphite production

press release

Dec. 19, 2013, 3:53 p.m. EST

Focus Graphite Signs Offtake Agreement for Lac Knife's Future Graphite Production

OTTAWA, ONTARIO, Dec 19, 2013 (Marketwired via COMTEX) -- Focus Graphite Inc. CA:FMS -1.85% (otcqx:FCSMF)(frankfurt:FKC) (the "Company") announced today it has entered into an offtake agreement for the future production from Lac Knife's graphite resource located 27 km southwest of Fermont, Quebec.

The strategic agreement for up to 40,000 tonnes per year of graphite concentrate and value added products was signed on December 19, 2013 by the Company with an industrial conglomerate, comprised of heavy industry, manufacturing and technology companies located Dalian City, Liaoning Province, China.

The 10-year agreement calls for the supply of up to 40,000 tpy of large, medium and fine flake graphite concentrate and value added graphite products from Focus Graphite's proposed Lac Knife, Quebec mining and processing facility.

The specific terms of the agreement, including pricing and renewal rights, are confidential for competitive reasons.

"On behalf of Focus Graphite we are extremely pleased to have completed our first offtake agreement. This agreement holds the potential for Lac Knife's future development," said Don Baxter, Focus Graphite's President and Chief Operating Officer.

"Not only is this offtake agreement the first of its kind in the graphite industry, it is significant in the fact that it encompasses the wide spectrum of Lac Knife's offerings in pioneering the sale of small flake to extra large flake and value added technology products," Mr. Baxter said.

"This agreement underscores our long-held commercial objective of competing in the China market," he added.

This agreement was completed in the absence of a Feasibility Study (currently underway) and there is no certainty the above objectives will be met.

About Focus Graphite

Focus Graphite Inc. is an emerging mid-tier junior mining development company, a technology solutions supplier and a business innovator. Focus is the owner of the Lac Knife graphite deposit located in the Cote-Nord region of northeastern Quebec. The Lac Knife project hosts a NI 43-101 compliant Indicated Mineral Resource Estimate(i) of 4.9 million tons grading 15.8% graphitic carbon (Cgr) as crystalline graphite with an additional Inferred Mineral Resource Estimate(i) of 3.0 million tons grading 15.6% Cgr of crystalline graphite. Focus' goal is to assume an industry leadership position by becoming a low-cost producer of technology-grade graphite. On October 29th, 2012 the Company released the results of a Preliminary Economic Assessment ("PEA") of the Lac Knife Project which indicated that the project has a very good potential to become a graphite producer. As a technology-oriented enterprise with a view to building long-term, sustainable shareholder value, Focus also invests in the development of graphene applications and patents through Grafoid Inc.

The technical information presented in this news release has been reviewed by Don Baxter Baxter, P.Eng, President and Chief Operating Officer of Focus Graphite Inc., and a Qualified Person under National Instrument (NI) 43-101 guidelines.

Forward-Looking Statement

This presentation contains "forward-looking information" within the meaning of Canadian securities legislation. All information contained herein that is not clearly historical in nature may constitute forward-looking information. Generally, such forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved".

Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: (i) volatile stock price; (ii) the general global markets and economic conditions; (iii) the possibility of write-downs and impairments; (iv) the risk associated with exploration, development and operations of mineral deposits; (v) the risk associated with establishing title to mineral properties and assets; (vi)the risks associated with entering into joint ventures; (vii) fluctuations in commodity prices; (viii) the risks associated with uninsurable risks arising during the course of exploration, development and production; (ix) competition faced by the resulting issuer in securing experienced personnel and financing; (x) access to adequate infrastructure to support mining, processing, development and exploration activities; (xi) the risks associated with changes in the mining regulatory regime governing the resulting issuer; (xii) the risks associated with the various environmental regulations the resulting issuer is subject to; (xiii) risks related to regulatory and permitting delays; (xiv) risks related to potential conflicts of interest; (xv) the reliance on key personnel; (xvi) liquidity risks; (xvii) the risk of potential dilution through the issue of common shares; (xviii) the Company does not anticipate declaring dividends in the near term; (xix) the risk of litigation; and (xx) risk management.

Forward-looking information is based on assumptions management believes to be reasonable at the time such statements are made, including but not limited to, continued exploration activities, no material adverse change in metal prices, exploration and development plans proceeding in accordance with plans and such plans achieving their stated expected outcomes, receipt of required regulatory approvals, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking information. Such forward-looking information has been provided for the purpose of assisting investors in understanding the Company's business, operations and exploration plans and may not be appropriate for other purposes. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking information is made as of the date of this news release, and the Company does not undertake to update such forward-looking information except in accordance with applicable securities laws.

        
        Contacts:
        Focus Graphite Inc.
        Mr. Don Baxter, P.Eng
        President and Chief Operating Officer
        705-789-9706
        dbaxter@focusgraphite.com
        www.focusgraphite.com
        
        
        

Focus Graphite Reports Lac Knife Pilot Flotation Plant Tests Yield Large Flake Graphite Concentrate (+ 80 mesh) Grading 98.3% Carbon

OTTAWA, ONTARIO–(Marketwired – Aug. 21, 2013) - Focus Graphite Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) (“Focus” or the “Company”) is very pleased to report pilot plant test results from its flagship Lac Knife high grade flake graphite project located in the Grenville Geological Province of northeastern Québec. This work was performed as part of the ongoing Lac Knife concentrator flowsheet design process. The graphite concentrates generated from the pilot flotation plant will be subjected to further purification tests as part of ongoing metallurgical studies.
Highlights:

• The average grade of the coarse size fraction (+ 80 mesh) was 98.3% Total Carbon* (“Ct”) compared with 97.4% Ct in the Phase 2 Locked Cycle Tests** (“LCTs”)
• The average grade of the medium size fraction, less than 80 mesh and greater than 150 mesh in size, was 98.2% Ct compared with 97.4% Ct in the Phase 2 LCTs
• The average grade of the size fraction greater than 200 mesh was 98.0% Ct compared with 97.2% Ct in the Phase 2 LCTs
• The average carbon content of the pilot plant campaign was 96.6% Ct compared to 96.4% Ct reported in the Company’s July 9, 2013 press release on the final results of the Phase II LCTs. It is important to note that these results were achieved despite the fact that the less than 200 mesh fraction was not subjected to another cleaning circuit in the pilot plant run as was done in the LCTs, meaning the carbon content of the overall sample would likely have been even higher.
• These results indicate that all three concentrate size fractions may be easier and more cost effective to beneficiate into technology grade graphite due to the high grade carbon content obtained from the pilot plant testing. Higher concentrate grades translates into reduced levels of impurities that have to be removed in the thermal or hydrometallurgical purification processes.

	*All carbon analyses were performed by SGS Canada Inc. (“SGS”) and are reported as total carbon (“Ct”). The analytical methods that were used to determine the metallurgical results included total carbon analysis by Leco on the final concentrates. The lower grade tailings products were analyzed by the graphitic carbon (“Cgr”) method to discount the organic carbon and carbonate carbon in the samples.

The fact that the medium and large graphite flakes could be upgraded to purity levels ranging between 98% Ct and 98.3% Ct by flotation suggests that the impurities are attached to the surface of the graphite flakes in the flotation concentrate and have the potential to be upgraded even further, to purity levels required by battery grade graphite manufacturers. The objective of the pilot plant testing was to produce the highest quality large flake graphite concentrate.
The pilot plant metallurgical testing was completed by SGS on a 23.3 tonne composite of drill core samples collected from the massive, semi-massive and low grade mineralization zones of the Lac Knife graphite deposit. The average total carbon (Ct*) head grade of the bulk sample was lower than the deposit average grade at 11.8% Ct in order to be able to increase the amount of mineralized material available for pilot plant testing at that time. Even with the lower head grade the metallurgical results were excellent confirming the robustness of the concentrator flowsheet design.
Overall, the graphite concentrate recovery decreased slightly from 92.5% in the Phase 2 LCTs to 91.0% in the pilot plant tests, while the amount of large flake graphite concentrate greater than 80 mesh recovered in the pilot plant test was 33.5% by weight compared with 42.5% in the LCTs. The decrease in large graphite flake recovery is attributable to the decision to employ aggressive polishing techniques that successfully improved the quality and increased the carbon content of the large flake graphite concentrate during the pilot plant tests. The assumption that the aggressive polishing conditions led to a breakage and/or folding of the graphite flakes is supported by the fact that the medium sized flake concentrate recovery with a size range of less than 80 mesh and greater than 150 mesh, increased to 29.8% from 21.2% in the LCTs.

	** A locked cycle test (LCT) is a repetitive batch flotation test conducted to assess flow sheet design. It is the preferred method for arriving at a metallurgical projection from laboratory testing. In a LCT the intermediate products are incorporated in the following cycles, thus simulating a continuous flotation circuit on a laboratory scale.

Focus President and CEO Gary Economo said: “The pilot plant test results confirm once more the overall quality of our flake graphite resource at Lac Knife; a level of excellence that helps to further de-risk the project. More importantly, the results indicate that all of Lac Knife’s future production holds the potential for purification to premium-priced technology-grade graphite.
“Lac Knife,” he added, “provides the foundation for our mine-to-market to value-added technology business strategy. We anticipate no impediments to the successful execution of our mining and related corporate objectives.”
Dr. Joseph Doninger, Director of Manufacturing and Technology for Focus Graphite, stated: “The +98% Ct purity level and high recoveries achieved on the greater than 200 mesh flake size of graphite during the pilot plant tests confirm the robustness of the Lac Knife concentrator flowsheet design developed by SGS Inc. in the Phase I & II LCTs conducted in 2012 and 2013.”

About SGS Metallurgical Services (Lakefield)
SGS Canada Inc. (“SGS”) is recognized as a world leader in the development of concentrator flowsheet design and pilot plant testing programs. SGS’ Metallurgical Services division was founded over half a century ago. Its metallurgists, hydro-metallurgists and chemical engineers are experienced in all the major physical and chemical separation processes utilized in the recovery of metals and minerals contained in resource properties around the world.
The information pertaining to the metallurgical test program completed by SGS that is presented in this news release has been reviewed and approved by Mr. Oliver Peters, M.Sc., P.Eng, MBA, SGS Canada Inc. Consulting Metallurgist. Mr. Peters has extensive experience in the development of metallurgical processes and has managed the majority of the graphite testing programs conducted at SGS in recent years.
This news release has been reviewed by Mr. Jeff Hussey, P.Geo (Québec), VP-Project Development for Focus Graphite and a Qualified Person under NI 43-101 guidelines.

About Focus Graphite
Focus Graphite Inc. is an emerging mid-tier junior mining development company, a technology solutions supplier and a business innovator. Focus is the owner of the Lac Knife graphite deposit located in the Côte-Nord region of northeastern Québec. The Lac Knife project hosts a NI 43-101 compliant Indicated Mineral Resource Estimate of 4.9 million tonnes grading 15.8% graphitic carbon (Cgr) as crystalline graphite with an additional Inferred Mineral Resource Estimate of 3.0 Mt grading 15.6% Cgr of crystalline graphite. Focus’ goal is to assume an industry leadership position by becoming a low-cost producer of technology-grade graphite. On October 29^th, 2012 the Company released the results of a Preliminary Economic Assessment (“PEA”) of the Lac Knife Project which demonstrated that the project has an excellent potential to become a graphite producer. As a technology-oriented enterprise with a view to building long-term, sustainable shareholder value, Focus also invests in the development of graphene applications and patents through Grafoid Inc.

Forward Looking Statements – Disclaimer
This news release may contain forward looking statements, being statements which are not historical facts, and discussions of future plans and objectives. There can be no assurance that such statements will prove accurate. Such statements are necessarily based upon a number of estimates and assumptions that are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected. Important factors that could cause actual results to differ materially from the Company’s expectations are in our documents filed from time to time with the TSX Venture Exchange and provincial securities regulators, most of which are available at www.sedar.com Focus Graphite disclaims any intention or obligation to revise or update such statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

• Mr. Gary Economo
  President and Chief Executive Officer
  613-691-1091, ext. 101
  geconomo@focusgraphite.com
  www.focusgraphite.com

Graphene news - Grafoid raises USD $3.5M through a private financing

OTTAWA — (Marketwire – July 8, 2013) – Grafoid Inc. (“Grafoid”) is pleased to announce the close of part of a private financing with qualified US investors for aggregate  gross proceeds of USD $3,532,000 (the  ‘’Offering’’) by issuing a total of 7,064,000 common shares at a price of USD $0.50 per share.  Grafoid engaged a New York-based broker-dealer to act as a non-exclusive placement agent in connection with the Offering.

In addition, during the first half of 2013, Grafoid raised an aggregate of CAN$1,663,530 by issuing a total of 3,327,060 common shares at a price of CAN$0.50 per share  in a non-brokered private offering  with various business partners, collaborators and qualified investors in Canada.
Grafoid President and CEO Gary Economo said the financing represented a major step towards Grafoid’s future growth in the global technology market.
“This closing is the next corporate step in Grafoid’s development.  The interest expressed by U.S. and Canadian investors at this time bodes well for our company,” Mr. Economo said.
“Our strategy is to create a world-leading graphene research, development and investment company.  Coupled with the rollout of our global platform in Singapore and launch of Grafoid’s MesoGraf™, this financing round moves us a step closer to the construction of our MesoGraf™ production facilities,” he said.
“As evidenced by today’s announcement, Grafoid’s leadership in the graphene space is gaining attention in global markets,” Mr. Economo said.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.  The securities offered have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or any applicable state securities laws, and may not be offered or sold to, or for the account or benefit of, persons in the United States absent registration or an exemption from such registration requirements.
About Grafoid Inc.
Grafoid is a privately-held graphene research, development and investment company partnered with Focus Graphite Inc., owner of the high-grade Lac Knife, Quebec graphite deposit.
Grafoid invests in, manages, and develops markets for processes that produce economically scalable, pristine graphene that is used in graphene development applications by leading corporations and institutions.
The company’s leading investment produces high-energy bilayer and trilayer graphene from a safe, non-destructive extraction process leaving the lowest possible ecological footprint.
The game-changing process results in a new global standard for economically scalable graphene products – trademarked under the MesoGraf™ trade name – that can be tailored to both industrial and commercial applications.
Management believes MesoGraf™ sets the global standard for graphene from a top-down process.
Grafoid brings knowledge in graphene, resolves scalability issues, adapts graphene to unique applications, and; provides solutions for achieving success.

---

For more information, please contact:
Gary Economo
President and Chief Executive Officer
613-691-1091 Ext.101
geconomo@grafoid.com
This news release may contain forward looking statements, being statements which are not historical facts, and discussions of future plans and objectives. There can be no assurance that such statements will prove accurate. Such statements are necessarily based upon a number of estimates and assumptions that are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected.

Flinders Resumes Graphite Sales From the Woxna Graphite Project, Sweden

Flinders Resources Limited

TSX VENTURE : FDR
PINKSHEETS : FLNXF

July 09, 2013 08:30 ET

VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 9, 2013) - Flinders Resources Limited ("Flinders") (TSX VENTURE:FDR)(PINKSHEETS:FLNXF) announces that the first truckload for 2013 of reprocessed graphite from Flinders' Woxna Graphite Mine in Sweden was recently delivered to Germany.
The drying, screening and packing circuits of the Kringel processing plant were successfully restarted in May after the winter break and production of graphite from stockpiled material is underway. Several hundred tonnes of graphite remain from a stockpile that was built up when Woxna was last mined up to 2001.
So far this year, Flinders has delivered commercial volumes of graphite to Swedish and German customers and has orders for the balance of Woxna's stockpiled graphite.
Mr. McFarlane states: "The resumption of graphite processing and sales has reinstated awareness of the Woxna Graphite brand in Europe. Discussions are underway with customers about secure future graphite supply from Woxna once mining resumes. Feedback from customers is that the Woxna brand invokes positive recognition for its consistent performance and close proximity of the mine to customers, supporting the view that Woxna graphite will find a receptive European market."

On behalf of the Board
Martin McFarlane, President and CEO

About Flinders Resources
Flinders Resources Ltd. (TSX VENTURE:FDR) owns 100% of the Woxna Graphite Mine, a unique and strategic European graphite project in central Sweden. The Woxna Mine, with rated capacity of 10,000+ tonnes per year of flake graphite, operated from 1996 to 2001 when production was halted due to falling graphite prices. Since then, the Woxna Project has been held on care and maintenance.

Today graphite prices are significantly higher than in 2001 underpinned by strong growth in graphite demand driven by a combination of steady growth in traditional uses such as steel production, lubricants, brake linings and batteries as well as double digit growth from new applications, in particular batteries for portable electronics and hybrid and electric vehicles.

Materially better graphite price today and forecast growth in graphite demand is why Flinders is evaluating re-starting the Woxna graphite mine. Flinders' Woxna mine is substantially funded, fully permitted, constructed and with moderate capital investment is ready to be brought back to production. The Woxna Project is unique due to its high quality large graphite flake, long life expandable resource, first class existing infrastructure, potential to upgrade to value added lithium battery graphite and its strategic position within the European Union.

Certain information set out in this news release may constitute forward-looking statements or forward-looking information within the meaning of applicable securities laws (collectively, "Forward-Looking Statements"). All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future are Forward-Looking Statements. Forward-Looking Statements are often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "expect", and "intend" and statements that an event or result "may", "will", "can", "should", "could", or "might" occur or be achieved and other similar expressions. Forward-Looking Statements are based upon the opinions and expectations of the Company based on information currently available to the Company. Forward-Looking Statements are subject to a number of factors, risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the Forward-Looking Statements including, among other things, the Company has yet to generate a profit from its activities; there can be no guarantee that the estimates of quantities or qualities of minerals disclosed in the Company's public record will be economically recoverable; uncertainties relating to the availability and costs of financing needed in the future; competition with other companies within the mining industry; the success of the Company is largely dependent upon the performance of its directors and officers and the Company's ability to attract and train key personnel; changes in world metal markets and equity markets beyond the Company's control; mineral reserves are, in the large part, estimates and no assurance can be given that the anticipated tonnages and grades will be achieved or that the indicated level of recovery will be realized; production rates and capital and other costs may vary significantly from estimates; unexpected geological conditions; delays in obtaining or failure to obtain necessary permits and approvals from government authorities; all phases of a mining business present environmental and safety risks and hazards and are subject to environmental and safety regulation, and rehabilitation and restitution costs; the Company does not maintain insurance against environmental risks; and management of the Company have experience in mineral exploration but may lack all or some of the necessary technical training and experience to successfully develop and operate a mine.

Although the Company believes that the expectations reflected in the Forward-Looking Statements, and the assumptions on which such Forward-Looking Statements are made, are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned not to place undue reliance on Forward-Looking Statements, as there can be no assurance that the plans, intentions or expectations upon which the Forward-Looking Statements are based will occur. Forward-Looking Statements herein are made as at the date hereof, and unless otherwise required by law, the Company does not intend, or assume any obligation, to update these Forward-Looking Statements.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS SUCH TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE

Contact Information

Flinders Resources Limited
Jim Powell
+1 647-478-5806
info@flindersresources.com
www.flindersresources.com

Flinders Graphite re-opening European Woxna graphite Mine in Sweden

Woxna Graphite Tests Yield Enhanced Large Flake Distribution 

 

Flinders Resources Limited ("Flinders") (TSX.V - FDR) Mr. Martin McFarlane, President & CEO is pleased to provide an update on the metallurgical test programs being conducted on graphite bearing rock from the Woxna Graphite Mine, Sweden.

A bulk sample, together with representative core samples of graphite mineralization from across the Woxna Kringel mineral resource were sent to flotation specialist Aminpro Metallurgical Laboratories ("Aminpro") in Chile. Aminpro were commissioned to complete a series of graphite processing tests that would lead to a new process flow sheet optimising graphite flake size, purity and recovery results.

A key goal of the test work program was to maximise the proportion of larger flake sizes in the flotation concentrate. Using a single stage coarser grind and rougher float has yielded an encouragingly high proportion of large flake sizes.

The following table outlines the flake size distributionsfor the current test results and historical production, and shows potential for improved flake size distribution.

 ______________________________________________________
|Graphite Flake Size |Test Results |Historic Production|
|        (µm)        |(% by weight)|   (% by weight)   |
|____________________|_____________|___________________|
|             +250 µm|        23   |             -     |
|____________________|_____________|___________________|
|         +180-250 µm|        27   |            32     |
|____________________|_____________|___________________|
|         +100-180 µm|        35   |            32     |
|____________________|_____________|___________________|
|             -100 µm|        15   |            36     |
|____________________|_____________|___________________|

Further cleaning test work is currently underway to maximise graphite purity while maintaining a high flake size distribution. The metallurgical test program concludes with locked cycle tests of the proposed new process flow sheet. This work is expected to be completed in early June.

Mining Plan
Golders of Sweden are nearing completion on the design of the Woxna mine plan and will deliver their final report at the end of May.
Having previously delivered a 4 phase 20+ year mine plan, Golders have undertaken multiple iterations to optimise the first 10 years of the plan resulting in a better than 30% improvement of the 10 year stripping ratio to 6:1 with 3:1 during the first 3 years.
The revised mine plan has then been subject to optimisation using the industry recognised Whittle optimisation software. This is anticipated to further improve ore to waste ratios by up to 15%.

Tailings and Water Management
Tailings and water management plans were presented to the regulators earlier this year. The plans will deliver substantially improved environmental performance at the Woxna mine. While no formal approval is required from the regulator, feedback to date has been positive.

Preliminary Economic Assessment
Once the final results are available from the metallurgical test work, all of the components will be available to complete a preliminary economic assessment of resuming production at the Woxna graphite mine.

New and reused equipment will be specified for the final modified process flow sheet. Operating and capital costs will then be calculated as will revenue based on the metallurgical test results.It is anticipated that the preliminary economic assessment of the Woxna graphite project will be completed in July.

The qualified person for the Woxna project, Mr. Chris Stinton of GBM Minerals Engineering Consultants of the United Kingdom, has reviewed and verified the contents of this release.

On behalf of the Board
"Martin McFarlane" Martin McFarlane, President and CEO
Certain information set out in this news release may constitute forward-looking statements or forward-looking information within the meaning of applicable securities laws (collectively, "Forward-Looking Statements"). All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future are Forward-Looking Statements. Forward-Looking Statements are often, but not always, identified by the use of words such as "seek," "anticipate," "believe," "plan," "estimate," "expect," and "intend" and statements that an event or result "may," "will," "can," "should," "could," or "might" occur or be achieved and other similar expressions. Forward-Looking Statements are based upon the opinions and expectations of the Company based on information currently available to the Company. Forward-Looking Statements are subject to a number of factors, risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the Forward-Looking Statements including, among other things, the Company has yet to generate a profit from its activities; there can be no guarantee that the estimates of quantities or qualities of minerals disclosed in the Company's public record will be economically recoverable; uncertainties relating to the availability and costs of financing needed in the future; competition with other companies within the mining industry; the success of the Company is largely dependent upon the performance of its directors and officers and the Company's ability to attract and train key personnel; changes in world metal markets and equity markets beyond the Company's control; mineral reserves are, in the large part, estimates and no assurance can be given that the anticipated tonnages and grades will be achieved or that the indicated level of recovery will be realized; production rates and capital and other costs may vary significantly from estimates; unexpected geological conditions; delays in obtaining or failure to obtain necessary permits and approvals from government authorities; all phases of a mining business present environmental and safety risks and hazards and are subject to environmental and safety regulation, and rehabilitation and restitution costs; the Company does not maintain insurance against environmental risks; and management of the Company have experience in mineral exploration but may lack all or some of the necessary technical training and experience to successfully develop and operate a mine. Although the Company believes that the expectations reflected in the Forward-Looking Statements, and the assumptions on which such Forward-Looking Statements are made, are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned not to place undue reliance on Forward-Looking Statements, as there can be no assurance that the plans, intentions or expectations upon which the Forward-Looking Statements are based will occur. Forward-Looking Statements herein are made as at the date hereof, and unless otherwise required by law, the Company does not intend, or assume any obligation, to update these Forward-Looking Statements.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS SUCH TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE
SOURCE: Flinders Resources Limited
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SOURCE: Flinders Resources Limited

Jim Powell +1 647-478-5806 info@flindersresources.com