TOREX GOLD PROVIDES NOTICE OF FIRST QUARTER 2020 FINANCIAL RESULTS AS WELL AS UPDATE ON FILING OF ANNUAL INFORMATION FORM
March 30 2020 - 04:00PM
Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG)
announces that it will release its first quarter (“Q1”) 2020
financial and operational results early morning on Wednesday, May
6, 2020, followed later in the morning by a conference call hosted
by senior management. The Company also announces that under an
exemption provided under Ontario securities law, it plans to delay
the release of the annual information form (the “AIF”) and file it
by April 30, 2020.
Q1 2020 Conference Call and
Webcast
A conference call and webcast to discuss the Q1
2020 financial and operational results will be held on Wednesday,
May 6, 2020 at 9:00 AM ET.
Please join the conference call approximately
ten minutes prior to the scheduled start time. Dial-in details for
the conference call are as follows:
- Toronto Local or International: 1-416-915-3239
- Toll-Free (North America): 1-800-319-4610
- Toll-Free (France): 0800-900-351
- Toll-Free (Switzerland): 0800-802-457
- Toll-Free (United Kingdom): 0808-101-2791
A live audio webcast of the conference call will
be available on the Company’s website at www.torexgold.com. The
webcast will be archived on the Company’s website.
Filing of Annual Information
Form
Pursuant to Ontario Instrument 51-102 –
Temporary Exemption from Certain Corporate Finance Requirements
(the “Instrument”), which provides relief for market participants
in meeting certain obligations under Ontario securities law, it
expects to delay the filing of its AIF for the year ended December
31, 2019. The Company expects to file the AIF by April 30,
2020.
Pursuant to the requirements of the Instrument,
the Company confirms that its directors, officers and other
employees are subject to the Company’s Insider Trading Policy and
such policy reflects the principles in section 9 of National Policy
11-207. The Company also confirms that there have been no material
business developments since February 19, 2020, the date the Company
filed its consolidated financial statements for the years ended
December 31, 2019 and December 31, 2018.
About Torex Gold Resources
Inc.Torex is an intermediate gold producer based in
Canada, engaged in the exploration, development, and operation of
its 100% owned Morelos Gold Property, an area of 29,000 hectares in
the highly prospective Guerrero Gold Belt located 180 kilometres
southwest of Mexico City. The Company’s principal assets are the El
Limón Guajes mining complex, comprising the El Limón, Guajes and El
Limón Sur open pits, the El Limón Guajes underground mine including
zones referred to as Sub-Sill and ELD, and the processing plant and
related infrastructure, which is in the commercial production stage
as of April 1, 2016, and the Media Luna deposit, which is an early
stage development project, and for which the Company issued an
updated preliminary economic assessment in September 2018. The
property remains 75% unexplored.
For further information, please contact:
TOREX GOLD RESOURCES INC. |
|
Fred Stanford President and CEO Direct: (647) 260-1502 Email:
fred.stanford@torexgold.com |
Dan Rollins Vice President, Corporate Development & Investor
Relations Direct: (647) 260-1503 Email:
dan.rollins@torexgold.com |
Forward Looking StatementsThis
press release contains "forward-looking statements" and
"forward-looking information" within the meaning of applicable
Canadian securities legislation, including the date the Company
expects to file the Q1 2020 financial and operational results and
the date the Company expects to file the AIF. Notwithstanding the
Company's efforts, there can be no guarantee that the Company will
not face unforeseen delays or disruptions in the preparation and
filing of its Q1 2020 financial and operational results and AIF.
Forward-looking information is subject to known and unknown risks,
uncertainties and other factors that may cause the actual results,
level of activity, performance or achievements of the Company to be
materially different from those expressed or implied by such
forward-looking information, including, without limitation,
uncertainty involving the continuing impact of COVID-19 and how
that will affect the Company’s ability to complete and file the Q1
2020 financial and operational results and the AIF. Forward-looking
information is based on such reasonable assumptions, estimates,
analysis and opinions of management made in light of its experience
and perception of trends, current conditions and expected
developments, and other factors that management believes are
relevant and reasonable in the circumstances at the date such
statements are made. Although the Company has attempted to identify
important factors that could cause actual results to differ
materially from those contained in the forward-looking information,
there may be other factors that cause results not to be as
anticipated. There can be no assurance that such information will
prove to be accurate, as actual results and future events could
differ materially from those anticipated in such information.
Accordingly, readers should not place undue reliance on
forward-looking information. The Company does not undertake to
update any forward-looking information, whether as a result of new
information or future events or otherwise, except as may be
required by applicable securities laws.
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