Vancouver, British Columbia--(Newsfile Corp. - July 22, 2019) - ML Gold Corp. (TSXV: MLG) (FSE: X0VP) ("ML Gold" or the "Company") is pleased to announce it will seek TSX Venture Exchange approval to change the name of the Company to M3 Metals Corp. which better reflects the Company's diversified portfolio.
Kosta Tsoutsis, CEO of the Company stated, "We are excited to move forward with our massive, one-hundred percent owned, iron ore project in eastern Canada which has been significantly de-risked and seen over $35 million put into the ground. We believe the name M3 Metals will better reflect our focus on this valuable asset while still allowing us to continue moving the other projects in our portfolio forward."
In accordance with current TSX-V policies, shareholder approval will not be required for the proposed name change. The name change has been approved by the Company's board of directors. The effective date of the name change will be disclosed in a subsequent news release.
ABOUT ML GOLD CORP.
ML GOLD CORP.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
This news release may contain certain "Forward-Looking Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When or if used in this news release, the words "anticipate", "believe", "estimate", "expect", "target, "plan", "forecast", "may", "schedule" and similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to future prices of commodities, accuracy of mineral or resource exploration activity, reserves or resources, regulatory or government requirements or approvals, the reliability of third party information, continued access to mineral properties or infrastructure, currency risks including the exchange rate of US$ for CDN$, changes in exploration costs and government royalties or taxes in Canada, the United States or other jurisdictions and other factors or information. Such statements represent the Company's current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations.