Trevali Resources Corp. Receives Conditional Toronto Stock Exchange Listing Approval
Dr. Mark Cruise, president and chief executive officer of the company, said: "The listing of Trevali's shares on the TSX is another significant milestone for the Company as we advance our Santander silver-lead-zinc mine project in Peru towards development. We believe that the listing of our shares on Canada's senior stock exchange will not only benefit our existing shareholders but will also make our shares more attractive to institutional shareholders both in Canada and internationally."
ABOUT TREVALI RESOURCES CORP.
The Company in conjunction with its prospective partner, Glencore International A.G., is continuing to work through the terms of a definitive development agreement for the Santander silver-lead-zinc project in west-central Peru that will, if concluded, see Glencore provide and operate on the property, a 2,000-tonne-per-day concentrate plant, undertake mining operations on a 'contractor/toll basis' and enter into a long-term concentrate offtake agreement with the Company for 100% of the Santander project's production at benchmark terms.
Additionally, through its wholly owned subsidiary Trevali Renewable Energy Inc., the Company is undertaking a significant upgrade of the Tingo run-of-river hydroelectric generating facility along with transmission line upgrades and extensions to allow, in addition to supplying power to the mining operation on the property, the potential sale of surplus power into the Peruvian National Energy Grid.
The common shares of the Company are currently listed on the CNSX (symbol TV). For further details on the Company, readers are referred to the Company's web site (www.trevali.com) and to Canadian regulatory filings on SEDAR at www.sedar.com.
On Behalf of the Board of Directors of Trevali Resources Corp.
Mark D. Cruise
President
The CNSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
For more information, please contact
Trevali Resources Corp.
Steve Stakiw
Manager - Corporate Communications
(604) 488-1661
(604) 408-7499 (FAX)
sstakiw@trevali.com
www.trevali.com