The in-specie distribution of Falcon Shares to eligible Chalice shareholders was completed today in conjunction with the issue of shares to participants in the
Falcon is expected to be admitted to the official list of ASX on Monday,
The ATO Class Ruling outlining the taxation implications for certain shareholders due to the demerger is expected to be finalised in the next few weeks. An announcement will be made to the ASX once finalised. Both the Chalice and Falcon share registers are managed by
Any securities described in this announcement have not been, and will not be, registered under the US Securities Act of 1933 and may not be offered or sold in
This announcement has been authorised for release by the Disclosure Committee.
Contact:
Tel: +61 8 9322 3960
Email: info@chalicemining.com
Forward Looking Statements
This announcement may contain forward-looking information, including forward looking information within the meaning of Canadian securities legislation and forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 (collectively, forward looking statements). These forward-looking statements are made as of the date of this report and
Such factors may include, among others, risks related to actual results of current or planned exploration activities; whether geophysical and geochemical anomalies are related to economic mineralisation or some other feature; obtaining appropriate access to undertake additional ground disturbing exploration work on EM anomalies located in the Julimar State Forrest; the results from testing EM anomalies; results of planned metallurgical test work Including results from other zones not tested yet, scaling up to commercial operations; changes in project parameters as plans continue to be refined; changes in exploration programs and budgets based upon the results of exploration, changes in commodity prices; economic conditions; grade or recovery rates; political and social risks, accidents, labour disputes and other risks of the mining industry; delays or difficulty in obtaining governmental approvals, necessary licences, permits or financing to undertake future mining development activities; changes to the regulatory framework within which Chalice operates or may in the future; movements in the share price of investments and the timing and proceeds realised on future disposals of investments, the impact of the COVID 19 pandemic as well as those factors detailed from time to time in the Company's interim and annual financial statements, all of which are filed and available for review on SEDAR at sedar.com, ASX at asx.com.au and OTC Markets at otcmarkets.com. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.
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