Chibougamau Mines Office Notice and Going Forward
24 Mars 2020 - 9:26PM
Chibougamau Independent Mines Inc.
(CBG-TSX-V in Canada, CLL1-Frankfurt, Stuttgart and Lang
& Schwarz Stock Exchanges in Germany, CMAUF-OTC in the
US), herein called Chibougamau, wishes to inform
shareholders that as of 16:30 today, our offices located at
Rouyn-Noranda, Quebec will close for a minimum of three weeks due
to the ongoing Corona Virus crisis. Employees will work from
home and we expect, in large part, to function as usual.
Chibougamau is doing this in an abundance of caution to protect our
most valuable asset, our staff, none of whom are ill nor display
any symptoms. Calls to our office will be forwarded to
reception and responded to as quickly as possible.
We also wish to update Chibougamau’s
shareholders regarding its ability to withstand the current crisis
and going forward. Chibougamau has just completed its latest
successful drill program. We are looking at the next steps in
exploration particularly on the C-3 copper/gold zone.
Chibougamau has sufficient funds on hand to maintain the company
and all its properties going forward.
Should we decide to undertake a major drill
program, Chibougamau would need to return to the market for
funding. A number of shareholders have indicated that, should
the company require additional funding to pursue drill programs,
they would be pleased to participate.
Keep Safe!
This press release was written by Jack Stoch, P.
Geo., President and CEO of Chibougamau Independent Mines Inc. in
his capacity as a Qualified Person (Q.P.) under NI 43-101.
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 the release.
We Seek Safe
Harbour. |
CUSIP Number 167101 203LEI 529900GYUP9EBEF7U709 |
For further information, contact: |
Jack Stoch, P.Geo.,
Acc.Dir.President & CEOChibougamau Independent Mines Inc.86,
14th StreetRouyn-Noranda, Quebec Canada J9X 2J1 |
Tel.: 819.797.5242Fax:
819.797.1470 info@chibougamaumines.comwww.chibougamaumines.com |
46,695,042 shares issued and
outstanding
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