Vancouver, British Columbia--(Newsfile Corp. - September 16, 2020) - American CuMo Mining Corporation (TSXV: MLY) (OTC PINK: MLYCF) ("CuMoCo" or the "Company") is pleased to announce that the cease trade order ("CTO") issued by the British Columbia Securities Commission ("BCSC") has been revoked.
The CTO was issued by the BCSC on November 2, 2018 due to the requirement to file a technical report in regards to certain disclosures made in the Company's April 10, 2018 news release on the results of a Preliminary Economic Assessment and the disclosure of the word "reserves" in a September 18, 2018 Kareg research report intended for an U.S. audience. The Company subsequently filed a new independent 43-101 technical report June 2, 2020 and brought its continuous disclosure records on SEDAR up to date.
On Nov 2, 2018, the TSX Venture Exchange ("Exchange") suspended the Company's common shares from trading as a result of the CTO. The Company intends to apply as soon as possible to the Exchange for re-instatement of trading in the Company's shares.