HPQ Clarifies News Release From July 11, 2019
July 12 2019 - 1:00PM
HPQ Silicon Resources Inc. – (
www.HPQSilicon.com) (TSX-V: HPQ),
(OTCPink: URAGF), (FWB: UGE). At the
request of IIROC (Investment Industry Regulatory Organization of
Canada), HPQ Resources Inc. is issuing this news release to clarify
disclosure made in its July 11, 2019, news release.
The QP statement in the release was not
necessary and should not have been made, as the information in the
release, related to the production of Silicon Metal with the
PUREVAP™ Quartz Reduction Reactor (QRR) and not to a material
mineral property of the Company. The Corporation’s interest
in developing the PUREVAP™ QRR and any projected capital or
operating cost savings associated with its development should not
be construed as being related to the establishing the economic
viability or technical feasibility of the Company’s Roncevaux
Quartz Project, Matapedia Area, in the Gaspe Region, Province of
Quebec.
Disclaimers:
This press release contains certain
forward-looking statements, including, without limitation,
statements containing the words "may", "plan", "will", "estimate",
"continue", "anticipate", "intend", "expect", "in the process" and
other similar expressions which constitute "forward-looking
information" within the meaning of applicable securities laws.
Forward-looking statements reflect the Company's current
expectation and assumptions, and are subject to a number of risks
and uncertainties that could cause actual results to differ
materially from those anticipated. These forward-looking statements
involve risks and uncertainties including, but not limited to, our
expectations regarding the acceptance of our products by the
market, our strategy to develop new products and enhance the
capabilities of existing products, our strategy with respect to
research and development, the impact of competitive products and
pricing, new product development, and uncertainties related to the
regulatory approval process. Such statements reflect the current
views of the Company with respect to future events and are subject
to certain risks and uncertainties and other risks detailed from
time-to-time in the Company's on-going filings with the securities
regulatory authorities, which filings can be found at
www.sedar.com. Actual results, events, and performance may differ
materially. Readers are cautioned not to place undue reliance on
these forward-looking statements. The Company undertakes no
obligation to publicly update or revise any forward-looking
statements either as a result of new information, future events or
otherwise, except as required by applicable securities laws.
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.
For further information
contactBernard J. Tourillon, Chairman, President and CEO
Tel (514) 907-1011 Patrick Levasseur, Vice-President and COO Tel:
(514) 262-9239 www.HPQSilicon.com
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