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EV RESOURCES LTD — Capital/Financing Update 2022
May 26, 2022
64887_rns_2022-05-26_7ed1fbcc-31e0-4351-a506-e93d47d537fd.pdf
Capital/Financing Update
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27[th] May 2022
ASX ANNOUNCEMENT
Strategic Partnership Agreement Update
EV Resources Limited (“ EVR ” or the “ Company ”) advises that in accordance with the Memorandum of Understanding with Ya Hua International Investment and Development Co Ltd (“Ya Hua”) announced on 1 December 2021, discussions continue with Ya Hua for the establishment of a Strategic Partnership Agreement. EVR and Ya Hua are collaborating and working towards a positive outcome for both parties.
It is anticipated that the Strategic Partnership Agreement will be finalised by 30 June 2022.
ENDS
For further information, please contact:
| Luke Martino | Adrian Paul |
|---|---|
| Non-Executive Chairman | Executive Director |
| Tel: +61 8 6489 0600 | Tel: +61 8 6489 0600 |
| E: [email protected] | E: [email protected] |
This ASX announcement was authorised for release by the Board of EV Resources Limited.
Forward Looking Statement
Forward Looking Statements regarding EVR´s plans with respect to its mineral properties and programs are forward-looking statements. There can be nо assurance that EVR’s plans for development of its mineral properties will proceed as currently expected. There can also be no assurance that EVR will be able to confirm the presence of additional mineral resources, that any mineralisation will prove to be economic or that a mine will successfully be developed on any of EVR’s mineral properties. The performance of EVR may be influenced by a number of factors which are outside the control of the Company and its Directors, staff, and contractors. These statements include, but are not limited to statements regarding future production, resources or reserves and exploration results. All of such statements are subject to certain risks and uncertainties, many of which are difficult to predict and generally beyond the control of the company, that could cause actual results to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include, but are not limited to: (i) those relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits and conclusions of economic evaluations, (ii) risks relating to possible variations in reserves, grade, planned mining dilution and ore loss, or recovery rates and changes in project parameters as plans continue to be
evresources.com.au
311-313 Hay St Subiaco, Western Australia 6008 +61 (0) 8 6489 0600 [email protected]
refined, (iii) the potential for delays in exploration or development activities or the completion of feasibility studies, (iv) risks related to commodity price and foreign exchange rate fluctuations, (v) risks related to failure to obtain adequate financing on a timely basis and on acceptable terms or delays in obtaining governmental approvals or in the completion of development or construction activities, and (vi) other risks and uncertainties related to the company’s prospects, properties and business strategy. Our audience is cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof, and we do not undertake any obligation to revise and disseminate forwardlooking statements to reflect events or circumstances after the date hereof, or to reflect the occurrence of or non-occurrence of any event
evresources.com.au
311-313 Hay St Subiaco, Western Australia 6008 +61 (0) 8 6489 0600 [email protected]