Tamerlane Ventures's December 2013 NI 43-101 Technical Report on Pine Point
Accordingly, the December 2013 report should not be relied upon until the deficiencies have been corrected, verified, and supported by an updated technical report. The Company's independent qualified parties are making the necessary revisions to the technical report, and the revised report is expected to be completed by the end of January 2014. The Company expects to remain on the BCSC's Issuers in Default list until the revised, compliant technical report is issued.
The Company also announced that on January 7, 2014 Tamerlane was granted an extension of the stay period under the CCAA proceedings until January 31, 2014 to provide additional time for the completion of the sale and investment solicitation process ("SISP"). The Court also approved the sale of certain units of the Company's flotation equipment which had been purchased for the Pine Point project.
John L. Key
CEO
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Contact Information
Tamerlane Ventures Inc.
Richard Meschke, Director Corporate Development and Legal
(360) 332-4636
(360) 332-5025 (FAX)
rmeschke@tamerlaneventures.com
www.tamerlaneventures.com