SRG:CC - SRG MINING INC. Announces Director DSU Grant
(TheNewswire)
Montreal, Quebec – TheNewswire - July 29, 2022 - SRG Mining Inc. (TSXV:SRG)(“ SRG ” or the “ Company ) announcedtoday that in connection with services rendered the Company has issued279,221 Deferred Share Units (DSUs) to directors. In accordance withthe Company’s Amended and Restated Long-Term Incentive Plan, theDSUs were priced based on the 5 day VWAP ending July 27, 2022 of theCompany’s common shares on the TSX Venture Exchange.
SRG Mining is a Canadian-based mining company focused on developingthe Lola Graphite Project located in the Republic of Guinea, WestAfrica. The Lola Graphite Project has Probable Reserves of 42Mt at agrade of 4.2% Cg. SRG aims to develop a fully integrated source ofbattery anode material to supply the European lithium-ion and fuelcell markets. With attractive operating costs, proximity to Europeanend-markets and strong ESG credentials, the Company is poised tobecome a reliable supplier while promoting sustainability and supplychain transparency. SRG is committed to generating sustainable, long-term benefits that are shared with the host countries and communities where it operates.
For additional information, please visit SRG’s website at www.srgmining.com .
Contact:
Matthieu Bos President & CEO
Email: m.bos@srgmining.com
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for theadequacy or accuracy of this release.
This press release contains "forward-looking information"within the meaning of Canadian securities legislation. All informationcontained herein that is not clearly historical in nature mayconstitute forward-looking information. Generally, suchforward-looking information can be identified by the use offorward-looking terminology such as “plan”, “result”,“confirm”, “target”, “increase”, “expect”,“scheduled”, “enable”, projected”, “drive”, “aim”,“realise”, “growth”, “goals”, “continue”,“advance”, “potential”, “will”, “demonstrate”,“deliver”, “believe”, or variations of such words and phrasesor state that certain actions, events or results "may","could", "would" or "might".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 bematerially different from those expressed or implied by suchforward-looking information, including but not limited to: (i)volatile stock price; (ii) the general global markets and economicconditions; (iii) the possibility of write-downs and impairments; (iv)the risk associated with exploration, development and operations ofmineral deposits and mine plans for the Company’s mining operations;(v) the risk associated with establishing title to mineral propertiesand assets including permitting, development, operations andproduction from the Company’s operations being consistent withexpectations and projections; (vi) fluctuations in commodity prices,finding offtake takers and potential clients or enforcing suchagreements against same and other risks and factors described orreferred to in the section entitled "Risk Factors" in theMD&A of the Company and which is available at www.sedar.com, all ofwhich should be reviewed in conjunction with the information found inthis news release.
Although the Company has attempted to identify important factors thatcould cause actual results to differ materially from those containedin the forward-looking information, there may be other factors thatcause results not to be as anticipated, estimated or intended. Therecan be no assurance that such forward-looking information will proveto be accurate, as actual results and future events could differmaterially from those anticipated in such forward-looking information.Such forward-looking information has been provided for the purpose ofassisting investors in understanding the Company's business,operations and exploration plans and may not be appropriate for otherpurposes. Accordingly, readers should not place undue reliance onforward-looking information. Forward-looking information is given asof the date of this press release, and the Company does not undertaketo update such forward-looking information except in accordance withapplicable securities laws.
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