LAKEWOOD, Colo., Sept. 12, 2016 /CNW/ -- General Moly, Inc.
(the "Company" or "General Moly") (NYSE MKT and TSX: GMO) announced
that its Chief Financial Officer Lee
Shumway will present at the Rodman & Renshaw Annual
Global Investment Conference in New
York at 11:15 a.m. ET on
Tuesday September 13, 2016. Mr.
Shumway and Chief Operating Officer Robert
Pennington will be meeting with investors at the
conference.
A webcast of the presentation will be available live at the
appointed time and on replay under the Investors/Events and
Presentations section of the Company's website. The Company
presentation will also be posted as a PDF on the website.
Mr. Shumway will provide a Company update and highlight the
strategic partnership with one of China's largest private
enterprises and now largest shareholder of General
Moly, AMER International Group, and the Company's solid
financial position to fund its current business activities into
early 2018, as was described in the Company's second quarter 2016
financial results news release on August 8,
2016.
About General Moly
General Moly is a U.S.-based
molybdenum mineral development, exploration and mining company
listed on the NYSE MKT and the Toronto Stock Exchange under the
symbol GMO. The Company's primary asset, an 80% interest in the Mt.
Hope Project located in central Nevada, is considered one of the world's
largest and highest grade molybdenum deposits. Combined with the
Company's wholly-owned Liberty Project, a molybdenum and copper
property also located in central Nevada, General Moly's goal is to become the
largest pure play primary molybdenum producer in the world.
Contact:
Scott Roswell
(303) 928-8591
info@generalmoly.com
Website: www.generalmoly.com
Forward-Looking Statements
Statements herein that are not historical facts are
"forward-looking statements" within the meaning of Section 27A of
the Securities Act, as amended and Section 21E of the Securities
Exchange Act of 1934, as amended and are intended to be covered by
the safe harbor created by such sections. Such
forward-looking statements involve a number of risks and
uncertainties that could cause actual results to differ materially
from those projected, anticipated, expected, or implied by the
Company. These risks and uncertainties include, but are not
limited to, metals price and production volatility, global economic
conditions, currency fluctuations, increased production costs and
variances in ore grade or recovery rates from those assumed in
mining plans, exploration risks and results, political, operational
and project development risks, including the Company's ability to
obtain a re-grant of its water permits and to maintain required
federal and state permits to continue construction, commence
production and its ability to raise required project financing, as
well as adverse governmental regulation and judicial outcomes such
as the appeal of the Record of Decision and estimates related to
cost of production, capital, operating and exploration
expenditures. For a detailed discussion of risks and other
factors that may impact these forward looking statements, please
refer to the Risk Factors and other discussion contained in the
Company's quarterly and annual periodic reports on Forms 10-Q and
10-K, on file with the SEC. The Company undertakes no
obligation to update forward-looking statements.
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SOURCE General Moly, Inc.