TSX : MDN
March 16, 2016 16:15 ET
MONTREAL, QUEBEC–(Marketwired – March 16, 2016) – MDN Inc. (the “Company”) (TSX:MDN) is pleased to report the Company’s securities will be listed on the TSX Venture Exchange, as reported on the Company press release dated December 11th, 2015. The securities will be delisted from the Toronto Stock Exchange at the close of markets on March 30, 2016 and will commence trading on the TSX Venture Exchange at the opening of the markets on March 31, 2016.
“The TSX Venture has proven to be a good platform for significant number of Canadian mining companies,” said Claude Dufresne, President and CEO. “It also offers much more corporate flexibility and the associated costs are lower,” added Mr. Dufresne.
About MDN (TSX:MDN)
MDN Inc. is a mining exploration and development company with properties in Quebec, Ontario and Tanzania. In Quebec, MDN holds a 72.5% interest in Crevier Minerals Inc., which owns a NI 43-101 niobium tantalum resource and 100% of the Samaqua property.
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This press release contains forward-looking statements. Such statements are not guarantees of future performance, and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements are discussed in greater detail in the Company’s most recent Annual Information Form filed on SEDAR. Investors and others who base themselves on the Company’s forward-looking statements should carefully consider the factors mentioned in the Annual Information Form, as well as the uncertainties they represent and the risk they entail. The Company believes that the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct, and as such, the forward-looking statements in this press release should not be unduly relied upon. These statements speak only as of the date of this press release.