Stone Gold Inc. Changes Name to Copper Road Resources Inc.
14 September 2022 - 9:00PM
Stone Gold Inc. (TSXV: STG) is pleased to announce that it has
changed its name to “Copper Road Resources Inc.” (“
Copper
Road” or the “
Company”). The name change
has been accepted by the TSX Venture Exchange (the
“
TSXV”) and approved by the Company’s shareholders
and directors, respectively.
It is expected that the Company's shares will
commence trading on the TSXV under the new name at the opening of
trading on or about September 15th, 2022 and under the new trading
symbol "CRD".
John Timmons, the Company’s President & CEO
and Director commented, “Management of the Company is very excited
to begin the next phase of the Company’s evolution. We are focusing
on our two main assets, The Copper Road Project and the adjoining
Glenrock Project which are located within the Company’s
21,000-hectare Batchewana Bay District Package, approximately 85km
north of Sault St. Marie, Northwestern Ontario.
No further action is required by existing
shareholders of the Company with respect to the name change. There
is no change in the share capital of the Company. The Company's new
CUSIP number is 217573104. Certificates representing common shares
of the Company will not be affected by the name and symbol change
and will not need to be exchanged.
For further information, please contact:Mr. John
TimmonsPresident & CEO and DirectorCellular (416) 931
2243Email: jtimmons@stonegold.caWeb: www.stonegold.ca
The Company is engaged in the acquisition,
exploration and evaluation of properties for the mining of precious
and base metals.
Caution Regarding Forward-Looking
InformationThis news release contains forward-looking
information that involves substantial known and unknown risks and
uncertainties, most of which are beyond the control of the Company.
Forward-looking statements include estimates and statements that
describe the Company’s future plans, objectives or goals, including
words to the effect that the Company or its management expects a
stated condition or result to occur. Forward-looking statements may
be identified by such terms as "believes", "anticipates",
"expects", "estimates", "may", "could", "would", "will", or "plan".
Since forward-looking statements are based on assumptions and
address future events and conditions, by their very nature they
involve inherent risks and uncertainties. Although these statements
are based on information currently available to the Company, the
Company provides no assurance that actual results will meet
management's expectations. Risks, uncertainties and other factors
involved with forward-looking information could cause actual
events, results, performance, prospects and opportunities to differ
materially from those expressed or implied by such forward-looking
information. Forward looking information in this news release
includes, but is not limited to, the Company’s objectives, goals or
future plans, statements, details of the exploration results,
potential mineralization, the Company’s portfolio, treasury,
management team and enhanced capital markets profile, the
estimation of mineral resources, exploration and mine development
plans, timing of the commencement of operations and estimates of
market conditions. Factors that could cause actual results to
differ materially from such forward-looking information include,
but are not limited to, regulatory approval processes, failure to
identify mineral resources, delays in obtaining or failures to
obtain required governmental, regulatory, environmental or other
project approvals, political risks, inability to fulfill the duty
to accommodate First Nations and other indigenous peoples,
uncertainties relating to the availability and costs of financing
needed in the future, changes in equity markets, inflation, changes
in exchange rates, fluctuations in commodity prices, delays in the
development of projects, capital and operating costs varying
significantly from estimates and the other risks involved in the
mineral exploration and development industry, and those risks set
out in the Company’s public documents filed on SEDAR. Although the
Company believes that the assumptions and factors used in preparing
the forward-looking information in this news release are
reasonable, undue reliance should not be placed on such
information, which only applies as of the date of this news
release, and no assurance can be given that such events will occur
in the disclosed time frames or at all. The Company disclaims any
intention or obligation to update or revise any forward-looking
information, whether as a result of new information, future events
or otherwise, other than as required by law.
Neither the TSXV nor its Regulation Services
Provider (as that term is defined in the policies of the TSXV)
accepts responsibility for the adequacy or accuracy of this news
release.
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