TSX:YMI
CALGARY, March 9, 2017 /CNW/ - Yellowhead Mining
Inc. ("Yellowhead" or the "Company") (TSX: YMI) announces that,
further to the Company's press release dated February 15, 2017 regarding the delisting of the
Company's common shares from the Toronto Stock Exchange, and the
application of the Company to the TSX Venture Exchange (TSX-V) for
listing on the TSX-V, the TSX has extended the proposed date of
delisting the common shares of the Company to March 24, 2017. The Company's application
for listing on the TSX-V is subject to the Company meeting all
necessary requirements and conditions of the TSX V and the TSX-V
approving the application.
About Yellowhead Mining Inc.
Yellowhead Mining Inc. is a development stage company with a
100% interest in Harper Creek,
located in the North Thompson -
Nicola region of British Columbia,
Canada.
About the Harper Creek Project
Harper Creek is a proposed 70,000
tonnes-per-day open pit copper mine with a 28 year mine life,
located in the Thompson – Nicola
region of British Columbia near
Vavenby. If developed, Harper
Creek would provide up to 600 jobs during construction and
up to 450 permanent jobs during operations.
Forward Looking Statements
Except for statements of historical fact, this news release
contains certain "forward-looking information" within the meaning
of applicable securities laws. Forward-looking information is
frequently characterized by words such as "plan", "expect",
"project", "intend", "believe", "anticipate", "estimate" and other
similar words, or statements that certain events or conditions
"may" or "will" occur. Forward-looking statements are based on the
opinions and estimates of management at the date the statements are
made, and are subject to a variety of risks and uncertainties and
other factors that could cause actual events or results to differ
materially from those anticipated in the forward-looking
statements, including, among others, the accuracy of mineral grades
and related assumptions, inherent operating risks, planned
expenditures, proposed exploration and development at the Harper
Creek Project, operating and economic aspects of the Harper Creek
Project, as well as those risk factors identified in the Company's
Annual Information Form filed under the Company's SEDAR profile.
Yellowhead undertakes no obligation to update forward-looking
information if circumstances or management's estimates or opinions
should change except as required by law. The reader is cautioned
not to place undue reliance on forward-looking statements. More
detailed information about potential factors that could affect
projected results is included in the documents filed from time to
time with the Canadian securities regulatory authorities by
Yellowhead.
SOURCE Yellowhead Mining Inc.