TORONTO, July 22, 2020 /CNW/ - Kerry Knoll, Executive Chairman and Jamie Levy, President and CEO of Generation
Mining Limited ("Generation Mining") (TSX: GENM) along with
directors, management, and consultants of the Company, joined
Dean McPherson, Head of Business
Development, Global Mining, TMX Group to celebrate the company's
graduation to Toronto Stock Exchange and to open the market.
Generation Mining is advancing the Marathon Palladium project in
Northwestern Ontario which is the
largest undeveloped platinum group metal Mineral Resource in North
America. Palladium is primarily used for autocatalysts in
cars, which scrub toxic emissions from exhaust and therefore make
our air much cleaner. Generation acquired a 51% interest in the
Marathon Property from Sibanye Stillwater in July 2019 and can increase its interest to 80% by
spending $10 million over a period of
four years subject to certain back in rights held by Sibanye
Stillwater. The Company released a robust Preliminary
Economic Assessment in January 2020
with compelling economics and has recently commenced a feasibility
study which is expected to be completed in early 2021.
For Market Openings: Media may pick up a
feed from the TOC (television operations centre) for all market
open ceremonies. The feed is named TSX Transmit 1 (SD-SDI) and is
produced at the TMX Broadcast Centre and sent live to the TOC. To
pick up the feed via the Dejero network, please contact
avservices@tmx.com. The client feature video will begin playing on
the TMX media wall at approximately 9:27
a.m. ET and the markets will open with the sound of a siren
at 9:30 a.m. ET
Date: Wednesday July 22,
2020
Time: 9:00am -
9:30am
Place: Virtually Broadcast
SOURCE TMX Group Limited
