Business
Tantalex Lithium Resources Provides Results from Continuous Disclosure Review and an Update on Operational Activities
Toronto, ON - TheNewswire - March 17, 2023 - Tantalex Lithium Resources Corp. (CSE:TTX) (FSE:DW8) (OTC:TTLXF) (“Tantalex” or the “Corporation”), would like to h
About this update from Tantalex Lithium Resources Corp
[{"type":"text","content":"Toronto, ON - TheNewswire - March 17, 2023 - Tantalex Lithium Resources Corp. (CSE:TTX) (FSE:DW8) (OTC:TTLXF) (“Tantalex” or the “Corporation”), would like to hereby provide rectifying announcement further to a continuous disclosure review performed by the OSC as well as an operational update on its 3 projects in Manono, DRC. Tantalex Lithium activities in the DRC are increasing constantly with the current construction of the TiTan alluvial tin and tantalum project, the continued exploration activities on the pegmatite Corridor and the ongoing Preliminary Economic Assessment for the Manono Lithium Tailings project. Our team has ramped up with the recent hires of Quinton Mseredza, Mine manager, Serge Banze Ngoy, DRC Administrative and Financial Manager, Eric Gagnon, ESG Manager, Lydia Mbaka, Public relations & Communication Manager, and Srinivas Pallangthod as Production Manager. With these new additions to the team, the Company is now well positioned to advance the Company’s projects. CONTINUOUS DISCLOSURE REVIEW The Company would like to announce that, as a result of a continuous disclosure review by the Ontario Securities Commission (the “OSC”), the Company would like to clarify its disclosure as some company disclosed information should only have been disseminated once its preliminary economic assessment (“PEA”) will have been completed. In order to satisfy several deficiencies with National Instrument 43- 101 - Standards of Disclosure for Mineral Projects (“NI 43-101”) noted by the OSC during its recent continuous disclosure audit of the Company, the Company understands it will need to amend its disclosure documents accordingly. The Company wishes to retract all results of PEA and written disclosure with quantitative economic projections implying economic feasibility and other disclosures not compliant with NI 43-101 disclosed in its news releases dated September 6, 2022, September 13, 2022, October 31, 2022, December 12, 2022, December 14, 2022, its annual management discussions and analysis (“MD&A”) for the year ended February 28, 2022, its interim MD&A for the period ended August 31, 2022, its corporate presentations dated third quarter 2022 and first quarter 2023, its fact sheet date first quarter 2023, corporate newsletters dated April 2022, May 2022, October 2022, its interview in July 2022...