(TheNewswire)
October 16, 2018 / TheNewswire /
Saskatoon, Saskatchewan - Canadian Platinum Corp. (“CPC” or the
“Company” - TSXV:CPC)
Further to the TSX Venture Exchange (the “Exchange”) notice released August 13, 2018, Canadian Platinum Corp.
provides this corporate update. CPC is currently focused on obtaining the consent of the Exchange for the acquisition of a
private natural gas company as announced in Company news releases dated August 7, 2018 and September 5, 2018. In accordance
with the policies of the Exchange, shares of the Company are currently halted from trading and it is expected they will remain
halted until receipt and review of acceptable documentation regarding the acquisition, pursuant to Exchange listings Policy
5.3.
Nevada Project Update
The Company reports that it has received the results of the airborne hyperspectral survey flown over the
Whiskey Flat Copper-Zinc-Cobalt Project, announced earlier in the year, and is currently assessing the data, which shows
significant alteration present over the project area. Field crews also completed an initial reconnaissance program over the
property which included mapping and sampling a portion of the underground workings in the Quailey Mine. Results will be
released once the assays are received.
About Canadian Platinum Corp.
Canadian Platinum Corp. is a Canadian-based resource exploration and development company with its head office
in Saskatoon, SK. CPC is focused on the acquisition and development of a diversified portfolio of resource properties
including precious metals, base metals, platinum group elements and strategic metals including cobalt. Recently CPC has
expanded its mandate to include acquisition of near-term cash-generating resources like natural gas.
CANADIAN PLATINUM TRADES ON THE TSX VENTURE EXCHANGE UNDER THE SYMBOL “CPC”.
For more information, including news releases and technical reports providing more detail on the contents of
this news release, please visit our website at www.canplats.ca.
For further information:
Canadian Platinum Corp.
Gary Billingsley, President
Phone: 306-242-7363
Facsimile: 306-992-0729
To receive information by e-mail, visit www.canplats.ca and click “Contact”.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN
THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
CAUTION REGARDING FORWARD LOOKING STATEMENTS
Certain statements contained herein constitute forward-looking statements. Such forward-looking
statements are subject to both known and unknown risks and uncertainties which may cause the actual results, performances or
achievements of the Corporation to be materially different from any future results, performances or achievements expressed or
implied by such forward-looking statements. The forward-looking statements included in this press release are made as of the date
of this release and except as required by law, the Corporation does not undertake any obligation to publicly update or revise any
forward looking statements, whether as a result of new information, future events or otherwise.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any
securities, nor shall there be any sale of securities in any state in the United States in which such offer, solicitation or sale
would be unlawful. The securities referred to herein have not been and will not be registered under the United States Securities
Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from
registration requirements. This press release may contain statements within the meaning of safe harbour provisions as defined under
United States Securities Laws and Regulations. The above statements are based on the current expectations and beliefs of the
management of Canadian Platinum and are subject to a number of risks and uncertainties that may cause the actual results to differ
materially from those described above.
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