VANCOUVER, May 03, 2018 /PRNewswire/ - Tahoe Resources
Inc. ("Tahoe" or the "Company") (TSX: THO, NYSE: TAHO)
announces a resolution to the labor strike at its La Arena mine in
Peru. The concerns raised by the
community of La Arena ("Caserio La Arena") have also been
addressed. The discussions were completed independently with both
groups and it was agreed by all parties that operations at La Arena
should resume as soon as possible, as this is in the best interest
of all stakeholders. It is expected that operations will reach
normal levels within the next 48 hours.
About Tahoe Resources Inc.
Tahoe's strategy is to responsibly operate mines to world
standards and to develop high quality precious metals assets in the
Americas. Tahoe is a member of the S&P/TSX Composite and TSX
Global Mining indices and the Russell 3000 on the NYSE. The Company
is listed on the TSX as THO and on the NYSE as TAHO.
CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION
This press release contains "forward-looking information"
"forward-looking information" within the meaning of Section 27A of
the United States Securities Act of 1933, as amended, Section 21E
of the US Exchange Act, the United States Private Securities
Litigation Reform Act of 1995, or in releases made by the United
States Securities and Exchange Commission, all as may be amended
from time to time, and "forward-looking information" under the
provisions of applicable Canadian securities legislation,
concerning the business, operations and financial performance and
condition of the Company. All statements, other than statements of
historical fact, are forward-looking statements. Generally, these
forward-looking statements can be identified by the use of
forward-looking terminology such as "plans", "expects", "is
expected", "scheduled", "estimates", "forecasts", "intends",
"anticipates", "believes", or variations or comparable language of
such words and phrases or statements that certain actions, events
or results "may", "could", "would", "should", "might" or "will be
taken", "occur" or "be achieved" or the negative connotation
thereof.
Forward-looking statements include, but are not limited to,
statements related to the impact of the labor strike on production
at the La Arena mine and the timing and likelihood of a mutually
agreeable resolution.
Forward-looking statements are based on certain assumptions and
are subject known and unknown risks, uncertainties and other
factors that may cause actual results to be materially different
from those expressed or implied by such forward-looking statements.
Such assumptions, risks and uncertainties are discussed in more
detail in our public filings available on SEDAR at www.sedar.com,
on EDGAR at www.sec.gov or on the Company's website at
www.tahoeresources.com.
Although management 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 forward-looking statements will
prove to be accurate, as actual results and future events could
differ materially from those anticipated in such forward-looking
statements. Accordingly, readers should not place undue reliance on
forward-looking statements. Forward-looking statements are made as
of the date hereof and, accordingly, are subject to change after
such date. Except as otherwise indicated by the Company, these
statements do not reflect the potential impact of any non-recurring
or other special items or of any disposition, monetization, merger,
acquisition, other business combination or other transaction that
may be announced or 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 the Company's operating environment. The Company
does not intend or undertake to publicly update any forward-looking
statements that are included in this document, whether as a result
of new information, future events or otherwise, except as, and to
the extent required by, applicable securities laws.
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SOURCE Tahoe Resources Inc.