Canada Fluorspar Inc. Announces Ribbon Cutting and Celebrates the Reactivation of Its St. Lawrence Fluorspar Project
August 03 2011 - 11:38AM
Marketwired
Canada Fluorspar Inc. (TSX VENTURE: CFI) (the "Company") is pleased
to announce that the Company will hold an official ribbon cutting
ceremony in St. Lawrence, Newfoundland on August 11, 2011 at 1:00
p.m. to initiate the commencement of construction of its fluorspar
project. The event will be held at the Company's main office and
mill building, followed by a ribbon cutting ceremony and reception
at the St. Lawrence Recreation Centre lounge.
Pursuant to the Company's news release dated June 15, 2011, CFI
is well advanced on the full funding of its St. Lawrence project
through a strategic partnership with Arkema which is expected to
result in the Company commencing commercial production by mid
2013.
"We are extremely pleased with the progress made to date and
look forward to working with Arkema, the Province of Newfoundland
and Labrador and the Town of St. Lawrence in the months and years
ahead," noted Lindsay Gorrill, President and Chief Executive
Officer of Canada Fluorspar Inc. "We have much work ahead of us and
will communicate our ongoing progress and success as we build
shareholder value."
About the Company
The Company is a specialty mineral resource company engaged in
the development and production of fluorspar deposits at its
property located in St. Lawrence, Newfoundland, Canada, and is
moving forward to reactivate existing underground fluorspar mines,
expand an existing mill, construct a new, environmentally-sound
Tailings Management Facility and build a new deep-water marine
terminal in the outer St. Lawrence Harbour for the export of
fluorspar concentrate product.
For more information please see: www.canadafluorspar.com.
"Neither 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."
Contacts: Canada Fluorspar Inc. Lindsay Gorrill President and
CEO 1-800-823-8095 lgorrill@canadafluorspar.com
www.canadafluorspar.com
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