VANCOUVER, BC, Jan. 17,
2023 /CNW/ - Filo Mining Corp. (TSX: FIL)
(Nasdaq First North Growth Market: FIL) (OTCQX: FLMMF) ("Filo
Mining" or the "Company") is pleased to announce that the Board of
Directors have recommended and authorized a change of the Company's
name to "Filo Corp." to better align with the Company's strategic
direction. View PDF version.
Jamie Beck, President and CEO,
commented, "As the Company continues to grow on a global scale,
the name change better reflects our mission of copper discovery,
critical to the energy transition and electrification of the
world."
Filo Mining plans to seek shareholder approval to change its
name to Filo Corp. at its annual shareholder meeting in June. If
the name change is approved there will be no changes to its Toronto
Stock Exchange ("TSX"), Nasdaq First North Growth Markets and
OTC Markets ("OTCQX") ticker symbols. The name change is also
subject to TSX approval.
On behalf of Filo Mining,
Jamie Beck
President and CEO
About Filo Mining
Filo Mining is a Canadian exploration and development company
focused on advancing its 100% owned Filo del Sol copper-gold-silver
deposit located in Chile's Region
III and adjacent San Juan Province, Argentina. The Company's shares are listed on
the TSX and Nasdaq First North Growth Market under the trading
symbol "FIL", and on the OTCQX under the symbol "FLMMF". Filo
Mining is a member of the Lundin Group of Companies.
Additional Information
The Company's certified adviser on the Nasdaq First North Growth
Market is Aktieinvest FK AB, +46 8 506 51703,
rutger.ahlerup@aktieinvest.se.
The information contained in this news release was accurate at
the time of dissemination, but may be superseded by subsequent news
release(s). The Company is under no obligation nor does it intend
to update or revise the forward-looking information, whether as a
result of new information, future events or otherwise.
This information was submitted by Filo Mining for publication,
through the agency of the contact person set out below, on
January 17, 2023 at 17:00 pm EST.
Cautionary Note Regarding
Forward-Looking Statements
Certain statements made and information contained herein in the
news release constitutes "forward-looking information" and
"forward-looking statements" within the meaning of applicable
securities legislation (collectively, "forward-looking
information"). Generally, this forward-looking information can
frequently, but not always, be identified by use of forward-looking
terminology such as "plans", "expects" or "does not expect", "is
expected", "budget", "scheduled", "estimates", "forecasts",
"intends", "projects", "budgets", "assumes", "strategy", "goals",
"objectives", "potential", "possible", "anticipates" or "does not
anticipate", or "believes", or variations of such words and phrases
or statements that certain actions, events, conditions or results
"will", "may", "could", "would", "should", "might" or "will be
taken", "will occur" or "will be achieved" or the negative
connotations thereof. All statements other than statements of
historical fact may be forward-looking statements. In particular,
these statements include statements regarding the proposed name
change; the timing for the annual meeting; expectations regarding
regulatory and shareholder approvals; and the Company's business
and objectives.
The Company believes that the expectations reflected in the
forward-looking information included in this news release are
reasonable, including the Company's ability to obtain the necessary
regulatory and shareholder approvals, but no assurance can be given
that these expectations will prove to be correct and such
forward-looking information should not be unduly relied
upon.
The forward-looking statements contained in this news release
are made as at the date of this news release and Filo Mining does
not undertake any obligations to publicly update and/or revise any
of the included forward-looking statements, whether as a result of
additional information, future events and/or otherwise, except as
may be required by applicable securities laws. There can be no
assurance that such statements will prove to be accurate, as actual
results and future events could differ materially from those
anticipated in such statements. All the forward-looking information
contained in this document is qualified by these cautionary
statements. Readers are cautioned not to place undue reliance on
forward-looking information due to the inherent uncertainty
thereof. These statements involve known and unknown risks,
uncertainties and other factors that may cause actual results or
events to differ materially from those anticipated in such
forward-looking statements, including the risks, uncertainties and
other factors identified in the Company's latest Management's
Discussion and Analysis available at www.sedar.com.
SOURCE Filo Mining Corp.