Post by
donteatbeyond2 on Nov 11, 2022 5:50pm
News Release - Misleading disclosure regarding Bonnie Claire
https://stockhouse.com/news/press-releases/2022/11/11/iconic-issues-clarifying-news-release
"The Company retracts the subject disclosure and clarifies that (i) it has not completed a feasibility study; (ii) the PEA is preliminary in nature, it includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the PEA will be realized; and (iii) mineral resources that are not mineral reserves do not have demonstrated economic viability."
Comment by
donteatbeyond2 on Nov 17, 2022 5:30pm
Great to see the BC Securities Commission catching the misleading and overpromotional disclosure by ICM and NVLH regarding Bonnie Claire. I'm sure the trading will be watched closely, especially since both companies need to raise money soon.