Verdict on Euro Sun Mining’s Environmental Case to Be Delivered End of October
October 16 2023 - 5:00PM
Euro Sun Mining Inc., (TSX: ESM) (“
Euro
Sun” or the “
Company”) announces that the
Cluj-Napoca district court (the “
Court”) has
notified parties that it will require an additional time to deliver
its verdict on the annulment of the Company’s environmental
endorsement for the Rovina Valley Project (the
“
Project”).
Further to the Company’s press release dated
October 3, 2023, the matter was heard at the Court on September 29,
2023 and a verdict was anticipated on October 16, 2023. However,
the Court exercised its discretion to postpone the verdict for an
additional two weeks as it required more time to complete the
verdict. The Company looks forward to a positive outcome as a
result of its extensive legal arguments presented to the Court.
About Euro Sun Mining Inc.
Euro Sun is a Toronto Stock Exchange listed
mining company focused on the exploration and development of its
100%-owned Rovina Valley gold and copper project located in
west-central Romania, which hosts the second largest gold deposit
in Europe.
Further information:
For further information about Euro Sun Mining,
or the contents of this press release, please contact Investor
Relations at info@eurosunmining.com
Caution regarding forward-looking
information:
This press release contains "forward-looking
information" within the meaning of applicable Canadian securities
legislation. Forward-looking information includes, without
limitation, statements regarding the timing of court dates and
decisions; outcome of litigation with respect to the Project;
environmental impact of the Project; anticipated economic benefits
of the Project and development of the Project. Forward-looking
information is subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of
activity, performance or achievements of the Company to be
materially different from those expressed or implied by such
forward-looking information, including risks inherent in the mining
industry and risks described in the public disclosure of the
Company which is available under the profile of the Company on
SEDAR at www.sedar.com and on the Company's website
at www.eurosunmining.com. Although the Company has attempted
to identify important factors that could cause actual results to
differ materially from those contained in forward-looking
information, there may be other factors that cause results not to
be as anticipated, estimated or intended. There can be no assurance
that such information 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 information. The Company does not
undertake to update any forward-looking information, except in
accordance with applicable securities laws.
The TSX does not accept responsibility for the
adequacy or accuracy of this news release.
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