Elcora Announces Revocation of Management Cease Trade Order
02 November 2024 - 7:05AM
ELCORA ADVANCED MATERIALS CORP. (TSX.V:ERA | Frankfurt:ELM
| OTCQB – ECORF), (the "Company" or
"Elcora"), announces that the Company’s principal regulator,
the Nova Scotia Securities Commission (“NSSC”), has lifted the
Management Cease Trade Order (“MCTO”) it had previously granted to
the Company on July 30, 2024, under National Policy 12-203, as
the Company has now successfully completed all requisite filings
for its Annual Financials and Interim Financials. Revoking the MCTO
means the CEO, CFO, and directors of the Company are no longer
prevented from trading the Company's common shares.
The Company’s Annual Financials and Interim
Financials were filed on SEDAR+ on October 29, 2024, as noted in
the Company’s previous news release, and are publicly available on
sedarplus.ca.
About Elcora Advanced Materials
Corp.
Elcora was founded in 2011 and has been
structured to become a vertically integrated battery material
company. Elcora can process, refine, and produce battery related
minerals and metals. As part of the vertical integration strategy
Elcora has developed a cost-effective process to purify
high-quality battery metals and minerals that are commercially
scalable. This combination means that Elcora has the tools and
resources for vertical integration of the battery minerals and
metals industry.
For further information please visit the
company's website at:
http://www.elcoracorp.com
For further information please contact: Troy
Grant, Director, President & CEO, Elcora Advanced Materials
Corp., T: +1 902 802-8847
Qualifying Statements: Klaus Leiders P. Eng., a
qualified person as defined by National Instrument 43-101, approves
the technical information contained in this news release.
CAUTIONARY STATEMENT:
The TSX Venture Exchange does not accept
responsibility for the adequacy or accuracy of this release.
Neither TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this
release. No stock Exchange, securities commission or other
regulatory authority has approved or disapproved the information
contained herein.
This News Release includes certain
“forward-looking statements”. All statements other than statements
of historical fact, included in this release, including, without
limitation, statements regarding potential mineralization and
reserves, exploration results, and future plans and objectives of
Elcora, are forward-looking statements that involve various risks
and uncertainties. There can be no assurance that such statements
will prove to be accurate and actual results and future events
could differ materially from those anticipated in such
statements. Important factors that could cause actual
results to differ materially from Elcora’s expectations are
exploration risks detailed herein and from time to time in the
filings made by Elcora with securities regulators.
Investors are cautioned that, except as
disclosed in the filing statement prepared in connection with the
transaction, any information released or received with respect to
the transaction may not be accurate or complete and should not be
relied upon.
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