NEW RELEASE DATE SET FOR 2016 FINANCIAL RESULTS
TORONTO, March 29, 2017 /CNW/ -Sierra Metals Inc.
(TSX:SMT) (BVL:SMT) ("Sierra Metals" or the "Company") announces that Mark Brennan has tendered
his resignation as President and Chief Executive Officer. Mr. Brennan will continue in his current role for a period of 30 days
to facilitate the implementation of an orderly succession plan. Further details in this regard will be announced in due
course.
Mr. Brennan also resigned as director of the Company effective immediately.
Mr. Alberto Arias, Chairman, commented: "We thank Mark for his contribution to the Company over
the past two years and wish him well in his new endeavors. The Company will ensure that the necessary plans are put in
place to effect a smooth transition."
In addition, and further to its press release dated March 22, 2017, the Company now expects to
release its 2016 fourth quarter and year-end consolidated financial results on Thursday, March 30,
2017 before market open.
Senior management will also host a webcast and conference call on Friday, March 31, 2017 at
10:30 a.m. EDT. Details of the Conference Call and Webcast are as follows:
Via Webcast:
A live audio webcast of the meeting will be available on the Company's website:
http://event.on24.com/wcc/r/1289881/2DA34C58BDCD69BECB12A59E27829F58
The webcast along with presentation slides will be archived for 180 days on www.sierrametals.com.
Via phone:
For those who prefer to listen by phone, dial-in instructions are below. To ensure your participation, please call
approximately five minutes prior to the scheduled start time of the call.
Participant Number (Toll Free Peru): 0800-53-840
Participant Number (Toll Free North America): (877) 201-0168
Participant Number (International): (647) 788-4901
Conference ID: 92884204
About Sierra Metals
Sierra Metals Inc. is Canadian based growing polymetallic mining company with production from its Yauricocha Mine in
Peru, and its Bolivar and Cusi Mines in Mexico. The company recently completed a very successful operational improvements program at it Yauricocha
mine and is now focused on completing a similar program at its Mexican operations to increase production volume, recoveries and
modernize operations. Sierra Metals continues to grow its mineral resources with several exciting brownfield opportunities such
as the Esperanza Zone at the Yauricocha Mine which went from first discovery to mining in less than one year. The Company has
several other brownfield exploration opportunities at all three Mines in Peru and Mexico within or very close to the existing mines which its actively exploring and hopes to daylight in the
short-term. The company has large land packages at all three Mines with several regional highly prospective targets providing
longer term exploration upside and mineral resource growth potential.
The Company's shares trade on the Lima Stock Exchange (Bolsa de Valores de Lima) and on the
Toronto Stock Exchange under the symbol "SMT".
Forward-Looking Statements
Except for statements of historical fact contained herein, the information in this press release may constitute
"forward-looking information" within the meaning of Canadian securities law. Statements containing forward-looking information
express, as at the date of this news release, the Company's plans, estimates, forecasts, projections, expectations or beliefs as
to future events or results. These statements reflect the Company's current views with respect to future events and are
necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently
subject to significant business, economic, competitive, political and social uncertainties and contingencies. Actual results
might differ materially from results suggested in any forward-looking statements. The Company assumes no obligation to update the
forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking
statements unless required by securities laws applicable to the Company. Additional information identifying risks and
uncertainties is contained in filings by the Company with the Canadian securities regulators, which filings are available at
www.sedar.com.
Continue to watch our progress at:
Web: www.sierrametals.com
Twitter: sierrametals
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LinkedIn: Sierra Metals Inc
SOURCE Sierra Metals Inc.
To view the original version on PR Newswire, visit: http://www.newswire.ca/en/releases/archive/March2017/29/c8116.html