Trading Symbols
TSX - CRJ
NYSE MKT - CGR
SASKATOON, SASK, April 4, 2013 /CNW/ - Claude Resources Inc. ("Claude"
and or the "Company") announced that its audited consolidated financial
statements for the fiscal year ended December 31, 2012, included in the
Company's Management's Discussion and Analysis on Form 40-F, which was
filed with the Securities and Exchange Commission on March 28, 2013,
contained a going concern qualification from its independent registered
public accounting firm.
This announcement is made in accordance with NYSE MKT Company Guide
Section 610(b), which requires separate disclosure of receipt of an
audit opinion containing a going concern qualification. This
announcement does not represent any change or amendment to the
Company's financial statements or to the Management's Discussion and
Analysis on Form 40-F for the fiscal year ended December 31, 2012.
Claude Resources Inc. is a gold producer with shares listed on both the Toronto Stock
Exchange (TSX-CRJ) and the NYSE MKT (NYSE MKT-CGR). The Company is also
engaged in the exploration and development of gold mineral reserves and
mineral resources. The Company's entire asset base is located in
Canada. Its main revenue generating asset is the 100 percent owned
Seabee Gold Project, located in northern Saskatchewan. Since 1991,
Claude has produced over 1,023,000 ounces of gold from the Seabee Gold
Project. Claude also owns 100 percent of the Madsen property near Red
Lake, Ontario and 100 percent interest in the Amisk Gold Property in
northeastern Saskatchewan.
CAUTION REGARDING FORWARD-LOOKING INFORMATION
All statements, other than statements of historical fact, contained or
incorporated by reference in this news release constitute
"forward-looking information" within the meaning of applicable Canadian
securities laws and "forward-looking statements" within the meaning of
the United States Private Securities Litigation Reform Act of 1995
(referred to herein as "forward-looking statements"). Forward-looking
statements include, but are not limited to, statements with respect to
the future price of gold, the estimation of mineral reserves and
resources, the realization of mineral reserve estimates, the timing and
amount of estimated future production, costs of production, capital
expenditures, costs and timing of the development of new deposits,
success of exploration activities, permitting time lines, currency
exchange rate fluctuations, requirements for additional capital,
government regulation of mining operations, environmental risks,
unanticipated reclamation expenses, title disputes or claims and
limitations on insurance coverage. Generally, these forward-looking
statements can be identified by the use of forward-looking terminology
such as "plans", "expects" or "does not expect", "is expected",
"budget", "scheduled", "estimates", "forecasts", "intends",
"anticipates" or "does not anticipate" or "believes", or the negative
connotation thereof or variations of such words and phrases or state
that certain actions, events or results, "may", "could", "would",
"might" or "will be taken", "occur" or "be achieved" or the negative
connotation thereof.
All forward-looking statements are based on various assumptions,
including, without limitation, the expectations and beliefs of
management, the assumed long-term price of gold, that the Company will
receive required permits and access to surface rights, that the Company
can access financing, appropriate equipment and sufficient labour, and
that the political environment within Canada will continue to support
the development of mining projects in Canada.
Forward-looking statements in this news release are made as of the date
of this news release, being April 4, 2013 and, accordingly, are subject
to change after such date. Except as otherwise indicated by Claude,
these statements do not reflect the potential impact of any
non-recurring or other special items that may occur after the date
hereof. Forward-looking statements are provided for the purpose of
providing information about management's current expectations and plans
and allowing investors and others to get a better understanding of our
operating environment.
Claude does not undertake to update any forward-looking statements that
are incorporated by reference herein, except in accordance with
applicable securities laws.
SOURCE: CLAUDE RESOURCES INC.
