SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of January, 2015
Claude Resources Inc.
(Translation of registrant’s name into
English)
200 - 224 - 4th
Ave S., Saskatoon, SK, S7K 5M5
(Address of principal executive offices)
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Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: |
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Form 20-F S |
Form 40-F £
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Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. |
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Yes £ |
No S |
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If " Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ______ |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant, Claude Resources Inc., has duly caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.
Date: |
January 29, 2015 |
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Claude Resources Inc. |
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(Registrant) |
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By: |
/s/ Rick Johnson |
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Rick Johnson |
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Chief Financial Officer |
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EXHIBIT INDEX
Exhibit |
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Description |
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99.1 |
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News Release Dated January 29, 2015 - Senior Mining Executive, Patrick Downey, Joins Claude Resources Inc.'s Board of Directors |
Exhibit 99.1
Senior Mining Executive, Patrick Downey, Joins Claude Resources
Inc.'s Board of Directors
Trading Symbols: TSX: CRJ; OTCQB: CLGRF
SASKATOON, Jan. 29, 2015 /CNW/ - Claude Resources Inc.'s
("Claude" and or the "Company") Board of Directors ("Board") is pleased to announce that Mr. Patrick
Downey has joined the Board, effective January 30, 2015.
"Mr. Downey is a veteran mining executive and will add
significant technical and strategic depth to our Board," stated Brian Booth, Chair of the Board. "His proven track record
for operational success comes at a vital time for the Company as we advance Santoy Gap and grow both our margins and production
at the Seabee Gold Operation."
Mr. Downey brings over 25 years of international experience
in the resource industry. Most recently, Mr. Downey was the President and Chief Executive Officer ("CEO") of Elgin Mining
Inc., which was acquired by Mandalay Resources Inc. in June of 2014. Prior to joining Elgin Mining Inc., Mr. Downey held the position
of President, CEO and Director of Aura Minerals Inc. Mr. Downey was President, CEO and Director of Viceroy Exploration Ltd. before
its acquisition by Yamana Gold Inc. in 2006. He also served as President of Oliver Gold Corporation and completed the merger of
that company to form Canico Resources which was subsequently purchased by Vale Corporation for over $800 million. He has held numerous
senior engineering positions at several large scale gold mining operations and has also held operating positions at several mining
projects for Anglo American Corporation in South Africa. Mr. Downey holds a Bachelor of Science (Hon.) degree in Engineering from
Queen's University in Belfast, Ireland.
Mr. Downey stated, "I am very pleased to join Claude's
Board at this exciting time in its growth. The Santoy project offers significant long term growth with excellent margins and the
Seabee Gold Operation is also producing very strong and sustainable cash flow. The Company has worked diligently over
the past 12 months to improve its balance sheet and is now well positioned to provide excellent returns to its investors."
In addition, the Company has ended its formal strategic review
process and its engagement with Deloitte Corporate Finance Inc. In 2014, the Company successfully improved its capital structure
and exceeded its operating guidance with record gold production from the Seabee Gold Operation. During 2015, the Company will remain
focused on safety and environment, cost containment, improving margins and growing production at the Seabee Gold Operation and
will continue to explore opportunities to maximize shareholder value.
Claude Resources Inc. is a public gold exploration
and mining company based in Saskatoon, Saskatchewan, with an asset base located entirely in Canada. Its shares trade on the Toronto
Stock Exchange (TSX: CRJ) and the OTCQB (OTCQB: CLGRF). Since 1991, Claude has produced over 1,000,000 ounces of gold from its
Seabee Gold Operation in northeastern Saskatchewan. The Company also owns 100 percent of the Amisk Gold Project 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 and 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 are subject to known and unknown
risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Claude
to be materially different from those expressed or implied by such forward-looking statements, including but not limited to:
actual results of current exploration activities; environmental risks; future prices of gold; possible variations in ore reserves,
grade or recovery rates; mine development and operating risks; accidents, labour issues and other risks of the mining industry;
delays in obtaining government approvals or financing or in the completion of development or construction activities; and other
risks and uncertainties, including but not limited to those discussed in the section entitled "Business Risk" in the
Company's Annual Information Form. These risks and uncertainties are not, and should not be construed as being, exhaustive.
Although Claude has attempted to identify important factors
that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors
that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove
to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking statements.
Forward-looking statements in this news release are made as
of the date of this news release 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.
%CIK: 0001173924
For further information: Brian Skanderbeg, President &
CEO, Phone: (306) 668-7505, or Marc Lepage, Manager, Investor Relations, Phone: (306) 668-7501, Email: ir@clauderesources.com,
Website: www.clauderesources.com
CO: Claude Resources Inc.
CNW 07:45e 29-JAN-15