RCS - Cornish Metals Inc. - LAUNCH OF NEW INTERACTIVE INVESTOR HUB

Cornish MetalsAnnouncement

24/04/2024 07:00

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RNS Number : 7569L  Cornish Metals Inc.  24 April 2024

 

CORNISH METALS LAUNCHES NEW INTERACTIVE INVESTOR HUB

 

Vancouver, April 23, 2024

Cornish Metals Inc. (AIM/TSX-V: CUSN) ("Cornish Metals" or the "Company"), is
pleased to announce the launch of a new interactive investor hub, intended to
provide stakeholders with a more proactive method of communication and enquiry
support in relation to the Company and its 100% owned South Crofty tin project
located in Cornwall, United Kingdom. For both existing and prospective
stakeholders, the investor hub brings all Cornish Metals content into a single
integrated platform to better inform and engage with investors and
stakeholders, including:

·    Regulatory announcements

·    Annual and interim reports

·    Corporate presentations

·    Educational material

·    Interviews with the Company's management/directors

Cornish Metals' investor hub also provides an interactive online experience
allowing our stakeholders to comment on the Company and ask the management
team questions via a communication portal. Cornish Metals' news announcements
will continue to also be released via the current regulated services.

To sign up to the Cornish Metals investor hub:

·    Visit investors.cornishmetals.com
(https://investors.cornishmetals.com/)

·    Follow the prompts to sign up for an investor hub account

·    Complete your account profile

Cornish Metals' Interim CEO, Ken Armstrong, commented: "We continue to look at
ways to improve our engagement with stakeholders, and we see Cornish Metals'
new investor hub as an effective platform through which existing and
prospective shareholders and interested parties can interact with the Company
and management team. Our investor hub will allow us to share more video
content, information and insights about the tin market and our on-site
activities as we advance the South Crofty tin project through to a potential
construction decision. We encourage our shareholders, potential shareholders
and wider stakeholders to sign up to our investor hub - we look forward to
seeing you there!"

ABOUT CORNISH METALS

Cornish Metals is a dual-listed mineral exploration and development company
(AIM and TSX-V: CUSN) focused on advancing the South Crofty high-grade,
underground tin project through to a construction decision, as well as
exploring its additional mineral rights, located in Cornwall, United Kingdom.

·   South Crofty is a historical, high-grade, underground tin mine that
started production in 1592 and continued operating until 1998 following over
400 years of continuous production;

·   The Project possesses Planning Permission for underground mining
(valid to 2071), to construct new processing facilities and all necessary site
infrastructure, and an Environmental Permit to dewater the mine;

·    South Crofty has the 4(th) highest grade tin Mineral Resource
globally and benefits from existing mine infrastructure including multiple
shafts that can be used for future operations;

·    Tin is a Critical Mineral as defined by the UK, American, and
Canadian governments;

·    Approximately two-thirds of the tin mined today comes from China,
Myanmar and Indonesia;

·    There is no primary tin production in Europe or North America;

·    Tin connects almost all electronic and electrical infrastructure,
making it critical to the energy transition - responsible sourcing of critical
minerals and security of supply are key factors in the energy transition and
technology growth;

·    South Crofty benefits from strong local community, regional and
national government support.

·    Cornish Metals has a growing team of skilled people, local to
Cornwall, and the Project could generate 250 - 300 direct jobs.

 

ON BEHALF OF THE BOARD OF DIRECTORS

 

"Kenneth A. Armstrong"

Kenneth A. Armstrong P.Geo.

 

 

Engage with us directly at our investor hub. Sign up at:
https://investors.cornishmetals.com/link/5PmYnP
(https://investors.cornishmetals.com)

 

For additional information please contact:

 

 Cornish Metals                                                         Fawzi Hanano       investors@cornishmetals.com (mailto:investors@cornishmetals.com)

                                                                        Irene Dorsman      info@cornishmetals.com (mailto:info@cornishmetals.com)
                                                                                           Tel: +1 (604) 200 6664

 SP Angel Corporate Finance LLP                                         Richard Morrison   Tel: +44 203 470 0470

 (Nominated Adviser & Joint Broker)                                     Charlie Bouverat

                                                                        Grant Barker

 Cavendish Capital Markets Limited                                      Derrick Lee        Tel: +44 131 220 6939

 (Joint Broker)                                                         Neil McDonald

                                                                        Leif Powis         Tel: +44 207 220 0500

 Hannam & Partners                                                      Matthew Hasson     cornish@hannam.partners (mailto:cornish@hannam.partners)

 (Financial Adviser)                                                    Andrew Chubb       Tel: +44 207 907 8500

                                                                        Jay Ashfield

 BlytheRay                                                              Tim Blythe         tim.blythe@blytheray.com (mailto:tim.blythe@blytheray.com)

 (Financial PR)                                                         Megan Ray          megan.ray@blytheray.com (mailto:megan.ray@blytheray.com)

                                                                                           Tel: +44 207 138 3204

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.

Caution regarding forward looking statements

This news release contains certain "forward-looking information" and
"forward-looking statements" (collectively, "forward-looking statements").
Forward-looking statements include predictions, projections, outlook,
guidance, estimates and forecasts and other statements regarding future plans,
the realisation, cost, timing and extent of mineral resource or mineral
reserve estimates, estimation of commodity prices, currency exchange rate
fluctuations, estimated future exploration expenditures, costs and timing of
the development of new deposits, success of exploration activities, permitting
time lines, requirements for additional capital and the Company's ability to
obtain financing when required and on terms acceptable to the Company, future
or estimated mine life and other activities or achievements of Cornish Metals,
including but not limited to: mineralisation at South Crofty, mine dewatering
expectations, Cornish Metals' exploration drilling programme, exploration
potential and project growth opportunities for the South Crofty tin project
and other Cornwall mineral properties and the timing thereof, timing and
results of Cornish Metals' feasibility study, the Company's ability to
evaluate and develop the South Crofty tin project and other Cornwall mineral
properties, strategic vision of Cornish Metals and expectations regarding the
South Crofty mine, timing and results of projects mentioned. Forward-looking
statements are often, but not always, identified by the use of words such as
"seek", "anticipate", "believe", "plan", "estimate", "forecast", "expect",
"potential", "project", "target", "schedule", "budget" and "intend" and
statements that an event or result "may", "will", "should", "could", "would"
or "might" occur or be achieved and other similar expressions and includes the
negatives thereof. All statements other than statements of historical fact
included in this news release, are forward-looking statements that involve
various risks and uncertainties and 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.

Forward-looking statements are subject to risks and uncertainties that may
cause actual results to be materially different from those expressed or
implied by such forward-looking statements, including but not limited to:
risks related to receipt of regulatory approvals, risks related to general
economic and market conditions; risks related to the availability of
financing; the timing and content of upcoming work programmes; actual results
of proposed exploration activities; possible variations in Mineral Resources
or grade; outcome of the current Feasibility Study; projected dates to
commence mining operations; failure of plant, equipment or processes to
operate as anticipated; accidents, labour disputes, title disputes, claims and
limitations on insurance coverage and other risks of the mining industry;
changes in national and local government regulation of mining operations, tax
rules and regulations. The list is not exhaustive of the factors that may
affect Cornish's forward-looking statements.

Cornish Metals' forward-looking statements are based on the opinions and
estimates of management and reflect their current expectations regarding
future events and operating performance and speak only as of the date such
statements are made. Although the Company has attempted to identify important
factors that could cause actual actions, events or results to differ from
those described in forward- looking statements, there may be other factors
that cause such actions, events or results to differ materially from those
anticipated. There can be no assurance that forward-looking statements will
prove to be accurate and accordingly readers are cautioned not to place undue
reliance on forward-looking statements. Accordingly, readers should not place
undue reliance on forward-looking statements. Cornish Metals does not assume
any obligation to update forward-looking statements if circumstances or
management's beliefs, expectations or opinions should change other than as
required by applicable law.

 

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