Business
Carmax Announces Update on Judicial Review of Mineral Claims
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 9, 2016) - Carmax Mining Corp. ("Carmax") (TSX VENTURE:CXM). On June 14, 2016 Carmax received notice that certa
About this update from District Copper Corp.
[{"type":"text","content":"VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 9, 2016) - Carmax Mining Corp. (\"Carmax\") (TSX VENTURE:CXM). On June 14, 2016 Carmax received notice that certain parties had filed a Petition in the Supreme Court of British Columbia against the Chief Gold Commissioner (the \"CGC\") requesting a judicial review of his decision to reinstate Carmax's claim #1034634. The decision of the CGC was issued on April 22, 2016 and made the subject matter of Carmax's News Releases dated April 22, 2016 and July 19, 2016. Carmax has been advised that the judicial review as more specifically set out in the above mentioned news releases is to be heard in the Supreme Court of British Columbia on January 24, 2017. Carmax is not a party to the proceedings. Until the Petition is heard, Carmax's title to the Eaglehead property could be in doubt. Carmax has adequate confidence that the decision of the CGC will prevail when heard. About Carmax Carmax is a Canadian company engaged in exploration for porphyry copper-gold-molybdenum deposits in northwestern British Columbia. For further information, please visit the website at www.carmaxmining.com to view the Company's profile. Jevin Werbes, President 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 does not constitute an offer to sell or a solicitation of an offer to sell any of the securities described herein in the United States. The securities described in this news release have not been and will not be registered under the United States Securities Act of 1933, as amended (the \"U.S. Securities Act\") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. This news release is not for distribution in the United States or over United States newswires. Cautionary Statement on Forward Looking Statement Certain information contained in this news release, including information as to our strategy, projects, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performan...