VANCOUVER, BC, April 25, 2024 /CNW/ - Aurum Lake Mining
Corporation ("Aurum" or the "Company") (TSXV: ARL) is
pleased to announce that it has completed its continuation from
British Columbia under the
Business Corporations Act (British
Columbia) ("BCBCA") into the jurisdiction of the
Cayman Islands under the Cayman's
Companies Law (2023 Revision) (the "Continuation"), as
approved by the shareholders of the Company on
March 26, 2024.
The Continuation is intended to provide the Company with greater
flexibility as well as better tax planning for international
operations and global shareholders.
The registered and records office of the Company in the
Cayman Islands will be at Floor 2,
Willow House, Cricket Square, PO Box
709, Grand Cayman KY1-1107,
Cayman Islands.
The Company's new CUSIP and ISIN numbers are G0700S 104 and
KYG0700S1049 respectively. The change of CUSIP and ISIN numbers
shall be effective on or around May 2,
2024. The Company did not undergo a name change at the time
of Continuation. Accordingly, the trading symbol of the Company's
ordinary shares on the TSX Venture Exchange (the "TSXV")
remains as "ARL".
Details of the Continuation are more particularly
set out in the Company's management information
circular dated February 23, 2024,
available under the Company's profile on SEDAR+ at
www.sedarplus.ca.
About Aurum Lake Mining
Corporation
The Company is classified as a Tier 2 mining issuer pursuant to
the policies of the TSXV. The Company's current principal business
is the development and exploration of the Homathko Property,
located in the Cariboo Region of British
Columbia, approximately 57km south of the community of
Tatla Lake which lies 222km west
of Williams Lake. The Homathko
Property comprises of 35 contiguous mineral claims, encompassing a
total of 30,971 hectares. The Company expects that it will
continue to evaluate and acquire additional resource projects in
other jurisdictions with low to moderate local political
risk.
Disclaimer
Neither the TSXV nor its Regulation Service Provider (as
defined in the policies of the TSXV) accepts responsibility for
the adequacy or accuracy of this press release.
Forward-Looking
Statements
This press release may contain certain forward-looking
information and statements ("forward-looking information") within
the meaning of applicable Canadian securities legislation, that are
not based on historical fact, including without limitation
statements containing the words "believes", "anticipates",
"plans", "intends", "will", "should", "expects", "continue",
"estimate", "forecasts" and other similar expressions.
Forward-looking information in this press release includes, but is
not limited to, expectations regarding the Continuation to the
Cayman Islands and new CUSIP and
ISIN of the Company being effective as of the expected effective
date. Readers are cautioned to not place undue reliance on
forward-looking information. Actual results and developments may
differ materially from those contemplated by these statements. The
Company undertakes no obligation to comment analyses, expectations
or statements made by third-parties in respect of the Company, its
securities, or financial or operating results (as applicable).
Although the Company believes that the expectations reflected in
forward-looking information in this press release are reasonable,
such forward-looking information has been based on expectations,
factors and assumptions concerning future events which may prove
to be inaccurate and are subject to numerous risks and
uncertainties, certain of which are beyond the Company's control.
The forward-looking information contained in this press release are
expressly qualified by this cautionary statement and are made as
of the date hereof. The Company disclaims any intention and has no
obligation or responsibility, except as required by law, to update
or revise any forward-looking information, whether as a result of
new information, future events or otherwise.
SOURCE Aurum Lake Mining Corporation
