(TheNewswire)
Abu Dhabi, United Arab Emirates – TheNewswire - July 29, 2024 – Falcon Energy Materialsplc (TSXV: SRG) , (“ Falcon ” or the“ Company ” ) is pleased to announce that,effective at market opening on July 31, 2024, the Company’s commonshares will commence trading under the new ticker symbol “FLCN”,transitioning from “SRG”. Concurrently, t heCompany’s new CUSIP number is M4R68K103 and its new ISIN number is AE000A40HL14 . This change follows the previously reported corporate namechange from “SRG Mining Inc.” to “Falcon Energy Materialsplc”.
No action is required by the Company’s currentshareholders as a result of this change. The ticker symbol update willnot affect the Company’s business goals, strategy, or associatedfees and expenses.
This new ticker symbol,in conjunction with previously obtained final approvals from theGovernment of Canada under the Canada Business Corporations Act, theAbu Dhabi Global Market and the TSX Venture Exchange, concludes thepreviously announced redomiciliation to the United ArabEmirates.
About Falcon
Falcon is focused on developing the Lola GraphiteProject located in the Republic of Guinea, West Africa. The LolaGraphite Project has Proven and Probable Reserves of 42Mt at a gradeof 4.2% Cg. Falcon 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. Falcon is committed togenerating sustainable, long-term benefits that are shared with thehost countries and communities where it operates.
For additional information, please visit Falcon’swebsite at www.falconem. net .
Contact:
Matthieu Bos Matt Johnston
President & CEO Corporate DevelopmentAdvisor
Email: m.bos@falconem.net Email: m.johnston@falconem.net
Telephone: +1(604)443-3835
Falcon Energy Materials plc
Level 7, Al Maryah Tower
Al Maryah Island, Abu Dhabi
United Arab Emirates
Neither the TSXV nor its RegulationServices Provider (as that term is defined in the policies of theTSXV) accepts responsibility for the adequacy or accuracy of thisrelease.
This press releasecontains forward-looking information or forward-looking statementswithin the meaning of applicable securities laws. Generally, suchforward-looking information can be identified by the use offorward-looking terminology such as “advance”, “provide”,“interest”, “anticipated”, “progress”, “result”,“confirm”, “target”, “increase”, “expect”,“scheduled”, “enable”, “projected”, “drive”,“aim”, “realise”, “growth”, “goals”, “continue”,“advance”, “potential”, “will”, “demonstrate”,“deliver”, “believe” and phrases or state that certainactions, events or results “may”, “could”, “would” or“might”. Forward-looking statements are included to provideinformation about management’s current expectations and plans thatallows investors and others to have a better understanding of theCompany’s business plans and financial performance andcondition.
All statements, other than statements of historicalfact included in this press release, regarding the Company’sstrategy, future operations, prospects, plans and objectives ofmanagement are forward-looking statements.
Forward-looking information and forward-lookingstatements are based upon certain assumptions and other importantfactors that, if untrue, could cause the actual results, performanceor achievements of the Company to be materially different from futureresults, performance or achievements expressed or implied by suchinformation or statements. There can be no assurance that suchinformation or statements will prove to be accurate.
Readers are cautioned that the foregoing list is notexhaustive of all factors and assumptions which may have been used.Forward-looking information and forward-looking statements are alsosubject to risks and uncertainties facing the Company’s business,any of which could have a material adverse effect on the Company’sbusiness. Readers are directed to carefully review the detaileddiscussion contained in the section entitled “Risk andUncertainties” in the Company’s MD&A for the year endedDecember 31, 2023, as updated by the Company’s MD&A for thequarter ended March 31, 2024, each of which is filed on SEDAR+ at www.sedarplus.ca , for a fuller understanding of the risks and uncertaintiesthat affect the Company’s business and operations.
Although the Company believes its expectations arebased upon reasonable assumptions and has attempted to identifyimportant factors that could cause actual actions, events or resultsto differ materially from those described in forward-lookinginformation or forward-looking statements, there may be other factorsthat cause actions, events or results not to be as anticipated,estimated or intended. There can be no assurance that forward-lookinginformation or forward-looking statements will prove to be accurate,as actual results and future events could differ materially from thoseanticipated in such forward-looking information or forward-lookingstatements. As such, these risks are not exhaustive; however, theyshould be considered carefully. If any of these risks or uncertainties materialize, actual results may vary materiallyfrom those anticipated in the forward-looking information andforward-looking statements found herein. Due to the risks,uncertainties and assumptions inherent in forward-looking informationand forward-looking statements, readers should not place unduereliance on forward-looking information and forward-lookingstatements.
Forward-looking information and forward-lookingstatements contained herein are presented for the purpose of assistinginvestors in understanding the Company’s rationale behind itsstrategy, business, operations and exploration plans, and may not beappropriate for other purposes. The assumptions referred to aboveshould be considered carefully by readers.
Forward-looking information and forward-lookingstatements and are given as of the date of this press release. TheCompany disclaims any intention or obligation to update or revise anyforward-looking information or forward-looking statements, whether asa result of new information, future events or otherwise, except to theextent required by applicable law. The Company qualifies all of itsforward-looking information and forward-looking statements by thesecautionary statements.
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