(TheNewswire)
Montreal, Quebec - TheNewswire - December 19, 2023 - Sama Resources Inc. (“ Sama ” or the “ Company ”) (TSXV: SME ) is pleased to announce that it has retained the services of RenmarkFinancial Communications Inc. (“Renmark”) to handle its investorrelations activities.
“ We arepleased to announce that we have selected Renmark to reinforce SamaResources Inc.’s profile in the financial community and enhance thevisibility of our company. We choose Renmark because its standards andmethodologies fit best with the message we wish to communicate to theinvesting public, ” noted Marc-Antoine Audet,Director, President, and Chief Executive Officer.
In consideration of the services to be provided, themonthly fees incurred by Sama will be a cash consideration of up to$9,000 CAD, starting January 1st, 2024 for a period of seven monthsending on July 31st, 2024, and monthly thereafter.
Renmark Financial Communications does not have anyinterest, directly or indirectly, in Sama Resources Inc. or itssecurities, or any right or intent to acquire such an interest.
N either the T S X Ve n t u r e Exc h a ng e n or its R eg u l a tion S e r v i c es Pr ov id e r (as th a t t e r m is d efi n ed in p o l i c ies of the T S X Ve n tu r e Exc hang e) a c c epts r e spo n sib i lity f o r t h e a d eq ua cy or a c c u r a cy of t h is r ele a se.
About Sama Resources Inc.
Sama is a Canadian-based, growth-oriented resourcecompany focused on exploring the Samapleu nickel-copper project inCôte d’Ivoire, West Africa. The Company is managed by experiencedindustry professionals with a strong track record of discovery. Samais committed to developing and exploiting the Samapleu Nickel-Copperand Platinum Group Element Resources.
Sama’s projects are located approximately 600 kmnorthwest of Abidjan in Côte d’Ivoire and are flanked to the westby the Ivorian and Guinean borders. Sama’s projects are locatedadjacent to the large world-class nickel-cobalt laterite deposits ofSipilou and Foungouesso, forming a 125 km-long new Base Metal Camp inWest Africa.
Sama owns 70% interest in the Samapleu nickel-copperproject in Côte d’Ivoire with its joint venture partner IvanhoeElectric owning 30%. Ivanhoe Electric has the option to purchase up toa 60% interest in the project.
For more information about Sama, please visit Sama’swebsite at www.samaresources.com.
Contact Information:
Dr. Marc-Antoine Audet, P. Geo, President and CEO
Tel: (514) 726-4158
Mr. Matt Johnston, Corporate Development Advisor
Tel: (604) 443-3835 or (877) 792-6688, Ext. 5
Forward-Looking Statements
Certain of the statements made and informationcontained herein are "forward-looking statements" or“forward-looking information” within the meaning of Canadiansecurities legislation. Forward-looking statements and forward-looking information such as“will”, could”, “expect”, “estimate”, “evidence”,“potential”, “appears”, “seems”, “suggest”, aresubject to a variety of risks and uncertainties which could causeactual events or results to differ from those reflected in theforward-looking statements or forward-looking information, including,without limitation, the ability of the company to convert resources inreserves, its ability to see through the next phase of development onthe project, its ability to produce a pre-feasibility study or afeasibility study regarding the project, its ability to execute on itsdevelopment plans in terms of metallurgy or exploration, theavailability of financing for activities, risks and uncertaintiesrelating to the interpretation of drill results and the estimation ofmineral resources and reserves, the geology, grade and continuity ofmineral deposits, the possibility that future exploration, developmentor mining results will not be consistent with the Company'sexpectations, metal price fluctuations, environmental and regulatoryrequirements, availability of permits, escalating costs of remediationand mitigation, risk of title loss, the effects of accidents,equipment breakdowns, labour disputes or other unanticipateddifficulties with or interruptions in exploration or development, thepotential for delays in exploration or development activities, theinherent uncertainty of cost estimates and the potential forunexpected costs and expenses, commodity price fluctuations, currencyfluctuations, expectations and beliefs of management and other risksand uncertainties.
In addition, forward-looking statements andforward-looking information are based on various assumptions. Shouldone or more of these risks and uncertainties materialize, or shouldunderlying assumptions prove incorrect, actual results may varymaterially from those described in forward-looking information orforward-looking statements. Accordingly, readers are advised not toplace undue reliance on forward-looking statements or forward-lookinginformation. Except as required under applicable securitieslegislation, the Company undertakes no obligation to publicly updateor revise forward-looking statements or forward-looking information,whether as a result of new information, future events orotherwise.
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