26 Nov 2014 16:50
26 November 2014
rambler provides reminder of upcoming events
London, England & Baie Verte, Newfoundland and Labrador, Canada - Rambler Metals and Mining plc (TSXV: RAB, AIM: RMM) ('Rambler' or the 'Company'), a copper and gold producer operating in Newfoundland and Labrador, Canada, would like to remind all shareholders that its Annual General Meeting ('AGM') will be held at 2:30pm (GMT) on 4 December 2014 at the offices of Cantor Fitzgerald Europe, One Churchill Place, Level 20 Canary Wharf, London, E14 5RB, England.
Rambler also announces that management will be presenting at the Shares Magazine Investor Evening at 8:00pm (GMT) on 3 December 2014 at the Novotel Tower Bridge Hotel, 10 Pepys Street, London EC3N 2NR. For anyone who plans to attend the event, please register on the following website http://www.sharesmagazine.co.uk/events
Norman Williams, CA, President and CEO, commented:
"This has been a pivotal year for the operation and we have positioned the Company well with both internal and external growth opportunities, the most important of which being the large untapped resource currently sitting within the Ming Mine's Lower Footwall Zone ('LFZ').
"While this resource is yet to be converted over to reserve, it is our main priority to see this happen in the current fiscal year through a low capital, staged approach with a focus on optimizing the existing infrastructure at the mine and mill sites.
"At this year's AGM we also intend to seek approval from our shareholders for a share buyback authority which will allow the Board of Directors to enact should they deem to be accretive. This initiative, along with clearly defining the approach for the LFZ, will hopefully see further value added for our shareholders.
"You are also welcome to join us at the Novotel for a Share Magazine presentation evening where we will be providing an update on our current activities as well as further defining the targets and goals we hope to achieve throughout the remainder of 2015 fiscal year."
For further information, please contact:
Norman Williams President and CEO Rambler Metals and Mining Tel No: 709-800-1929 Fax No: 709-800-1921 | Peter Mercer Vice President and Corporate Secretary Rambler Metals & Mining Plc Corporate Office Tel No: +44 (0) 20 8652-2700 Fax No: +44 (0) 20 8652-2719 |
Stewart Dickson / Jeremy Stephenson Cantor Fitzgerald Europe Tel No: +44 (0) 20 7894 7000 | Tim Blythe/Halimah Hussain Blytheweigh Tel No: +44 (0) 20 7138 3204 |
Website: www.ramblermines.com
Neither TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Caution Regarding Forward Looking Statements:
Certain information included in this press release, including information relating to future financial or operating performance and other statements that express the expectations of management or estimates of future performance constitute "forward-looking statements". Such forward-looking statements include, without limitation, statements regarding copper, gold and silver forecasts, the financial strength of the Company, estimates regarding timing of future development and production and statements concerning possible expansion opportunities for the Company. Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief are based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, the price of and anticipated costs of recovery of, copper concentrate, gold and silver, the presence of and continuity of such minerals at modeled grades and values, the capacities of various machinery and equipment, the availability of personnel, machinery and equipment at estimated prices, mineral recovery rates, and others. However, forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Such risks include, but are not limited to, interpretation and implications of drilling and geophysical results; estimates regarding timing of future capital expenditures and costs towards profitable commercial operations. Other factors that could cause actual results, developments or events to differ materially from those anticipated include, among others, increases/decreases in production; volatility in metals prices and demand; currency fluctuations; cash operating margins; cash operating cost per pound sold; costs per ton of ore; variances in ore grade or recovery rates from those assumed in mining plans; reserves and/or resources; the ability to successfully integrate acquired assets; operational risks inherent in mining or development activities and legislative factors relating to prices, taxes, royalties, land use, title and permits, importing and exporting of minerals and environmental protection. Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and the Company does not undertake any obligation to update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise, except as required under applicable security law.