TORONTO, Aug. 27, 2020 /CNW/ - Central Timmins
Exploration Corp. ("CTEC" or the "Company") (TSXV: CTEC)
is pleased to announce that effective at the open of trading on
Monday, August 31, 2020 it will
change its name from "Central Timmins Exploration Corp." to "P2
Gold Inc." (the "Name Change") and, concurrently on August 31, 2020, continue its incorporation from
the Canada Business Corporations Act to the Business
Corporations Act (British
Columbia) (the "Continuation"). In addition, the
Company's trading symbol will change from "CTEC" to "PGLD", its new
CUSIP will be 744657107 and its new ISIN will be CA7446571076.
The Name Change and Continuation were approved by shareholders
of the Company pursuant to special resolutions passed at an annual
and special meeting of the Company held on August 12, 2020. Common share certificates
bearing the previous company name "Central Timmins Exploration
Corp." continue to be valid in the settlement of trades in common
shares of P2 Gold Inc.
About Central Timmins Exploration Corp.
CTEC is an early-stage Canadian junior exploration company
focused on precious metals exploration and development.
Forward Looking Information
This press release contains "forward-looking information" within
the meaning of applicable securities laws that is intended to be
covered by the safe harbours created by those laws.
"Forward-looking information" includes statements that use
forward-looking terminology such as "may", "will", "expect",
"anticipate", "believe", "continue", "potential" or the negative
thereof or other variations thereof or comparable terminology. Such
forward-looking information includes, without limitation,
information with respect to the Name Change and Continuation.
Forward-looking information is not a guarantee of future
performance and is based upon a number of estimates and assumptions
of management at the date the statements are made. Furthermore,
such forward-looking information involves a variety of known and
unknown risks, uncertainties and other factors which may cause the
actual plans, intentions, activities, results, performance or
achievements of the Company to be materially different from any
future plans, intentions, activities, results, performance or
achievements expressed or implied by such forward-looking
information. See "Risk Factors" in the Company's final prospectus
dated October 4, 2018 filed on SEDAR
at www.sedar.com for a discussion of these risks.
The Company cautions that there can be no assurance that
forward-looking information will prove to be accurate, as actual
results and future events could differ materially from those
anticipated in such information. Accordingly, investors should not
place undue reliance on forward-looking information.
Except as required by law, the Company does not assume any
obligation to release publicly any revisions to forward-looking
information contained in this press release to reflect events or
circumstances after the date hereof.
Neither the Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the Exchange) accepts
responsibility for the adequacy or accuracy of this release.
SOURCE Central Timmins Exploration Corp