| Pele Mountain Appoints Martin S. Cooper As Vice President of Aboriginal Affairs | |
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TORONTO, ONTARIO--(Marketwired - Sep 25, 2014) - Pele Mountain Resources Inc. (TSX VENTURE:GEM)(OTCQX:GOLDF) ("Pele" or the "Company") is pleased to announce the appointment of Martin S. Cooper to the position of Vice-President of Aboriginal Affairs. Pele is collaborating with all levels of government, local First Nations, companies in the private sector, and academia to advance the sustainable development of an early-to-market critical rare earth supply chain in Elliot Lake. About Pele Pele Mountain Resources is focused on the sustainable development of its 100-percent owned Eco Ridge Mine Rare Earths and Uranium Project. Eco Ridge is located in Elliot Lake, the only Canadian mining camp to have ever achieved commercial rare earth production. With well-understood geology and mineralogy, excellent regional infrastructure, and strong local support, Eco Ridge is an ideal location for the development of a safe, secure, and reliable long-term supply of critical rare earths and uranium. Pele's shares are listed on the TSX Venture Exchange under the symbol "GEM" and on the OTCQX under the symbol "GOLDF". 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. Some of the statements contained in this release are forward-looking statements, such as estimates and statements that describe Pele's future plans, objectives or goals, including words to the effect that Pele or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. The economic viability of the 43-101 mineral resource at Pele's Elliot Lake Project has not yet been demonstrated by a preliminary feasibility study. Shares Outstanding: 173,523,598
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Pele Mountain Resources Inc
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DEVELOPMENT STAGE |
CODE : GEM.V |
ISIN : CA7059071034 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Pele Mountain Res. is a and uranium exploration company based in Canada. Pele Mountain Res. develops rare earth in Canada, and holds various exploration projects in Canada. Its main asset in development is ECO RIDGE in Canada and its main exploration properties are HIGHLAND (EAST / WEST), ARDEEN, ALLIANCE, SUDBURY and FESTIVAL in Canada. Pele Mountain Res. is listed in Canada and in United States of America. Its market capitalisation is CA$ 4.2 millions as of today (US$ 3.1 millions, € 2.8 millions). Its stock quote reached its highest recent level on December 31, 2007 at CA$ 1.62, and its lowest recent point on June 02, 2017 at CA$ 0.01. Pele Mountain Res. has 210 000 000 shares outstanding. |