DNI Metals Inc.-Graphite-Madagascar-13.14% Cgr average head grade (up to 25.3%) over 20 meters
TSX Venture Exchange Symbol: DNI
TORONTO, Sept. 11, 2015 /CNW/ - Further to DNI's press release dated September 11, 2015, IIROC has requested clarification of some of the information.
DNI would like to retract the following statement due to the fact that it is unsupported by a mining study (i.e. PEA, PFS or FS).
"Having a deposit that is quite literally a hill of graphite, with the potential of a zero or even negative strip ratio, gives DNI a significant cost advantage."
All representative samples were collected and prepared under supervision of DNI's Country Manager, Steven Goertz. Mr. Goertz is a Geologist and is a Qualified Person under NI43-101 regulations.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSX.V) accepts responsibility for the adequacy or accuracy of this release.
DNI - TSX Venture
DG7N – Frankfurt
Issued: 29,586,204 common shares
We seek Safe Harbour. This announcement includes forward looking statements. While these statements represent DNI's best current judgment, they are subject to risks and uncertainties that could cause actual results to vary, including risk factors listed in DNI's Annual Information Form and its MD&As, all of which are available from SEDAR and on its website.
SOURCE DNI Metals Inc.
DNI Metals Inc. - Dan Weir, President & CEO, T: 416-595-1195, Email: [email protected] / [email protected]
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