Scandium Canada Ltd. press release
Peloton Minerals Added to the CSE Composite Index
TSXV - TSX Venture Exchange · Scandium · Rare Earth Elements · Gold · Canada
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(via Thenewswire.ca)
London,Ontario/ TheNewswire / September 26 2016 -PelotonMineralsCorporation("Peloton" orthe"Company") (CSESymbol:PMC) hasbeenaddedtotheCanadianSecurities Exchange("CSE") CompositeIndexduringtherecentquarterly rebalancingoftheCSECompositeIndexin September 2016.
TheCSECompositeIndexisweightedbymarketcapitalisationwithaminimum$5million marketcap forinclusion.TheCSECompositeIndexprovidesameasureofemerging Canadianpubliccompaniesandgreater informationisavailableabouttheCSE CompositeIndex at www.thecse.com.
Pelotonhas alsorecently appliedforduallistingontheOTC QBMarketintheU.S.The objectiveinseekingthisU.S.listingistoincreaseexposure,liquidityandmarketcap.The Company's inclusionintheCSECompositeIndexmeldswiththisobjective.
PelotonispresentlymobilizingpersonnelandequipmenttoElkoCounty,Nevada,aswell assorting otherlogistics,inpreparation forexplorationprogramsplanned ontwo Company projectslocatedontheNorthEasternNevadaGoldTrend(alsocalledthe PequopTrend).Furtherannouncementsabouttheseprogramsandarecentlycompleted hyperspectral imagingairbornesurveyare expectedshortly.
For furtherinformation pleasecontact:
Edward (Ted)Ellwood,MBAPresident&CEO1-519-964-2836
PelotonMineralsCorporationisareportingissueringoodstandingintheProvinceof
Ontario whose common shares are listed on the CSE (Symbol: PMC). There are
56,951,585 common sharesissued and outstanding inthecapitaloftheCompany. Pelotonownsa100% workinginterestinfourexplorationprojects locatedintheU.S. statesofNevadaandMontanaandintheProvinceofOntario,Canada.
CSEhasnotreviewedanddoesnotacceptresponsibility fortheadequacy or accuracyof thisrelease.
Thisnewsrelease contains"forward-lookinginformation"(withinthemeaningof applicable Canadiansecuritieslaws) and"forward-lookingstatements"(withinthemeaningoftheU.S.PrivateSecuritiesLitigationReformAct of 1995). Suchstatementsor informationareidentifiedwithwordssuchas"anticipate","believe","expect","plan","intend", "potential","estimate","propose","project","outlook","foresee","uponsuccess" or similar wordssuggestingfuture outcomesorstatementsregardinganoutlook.
Suchstatementsinclude,amongothers,thoseconcerningtheCompany'splansforlistingontheOTCQB,itsobjectives ordoingso,andtheanticipatedresultsifthelistingapplicationprocessissuccessfullycompleted.Suchforward-looking informationor statementsarebasedonanumberofrisks, uncertaintiesandassumptionswhichmaycauseactual results orother expectationsto differ materially fromthose anticipated and which may prove tobe incorrect. Assumptionshavebeenmaderegarding,amongotherthings,management'sexpectationsregardingitsabilitytomeet theOTC QB listingrequirementsandorganizeexplorationprograms.
AlthoughtheCompanybelievesthattheexpectationsreflectedintheforward-lookinginformationor statementsare reasonable,prospectiveinvestorsintheCompany'ssecuritiesshouldnotplaceunduerelianceonforward-looking statementsbecausetheCompanycanprovidenoassurancethatsuchexpectationswillprovetobecorrect.Forward- looking information and statementscontainedin thisnews release areasof the dateof this newsreleaseandthe Companyassumesnoobligationtoupdateorrevisethisforward-lookinginformationandstatementsexceptasrequired bylaw.
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