DNI METALS INC. (DNI : TSX-V)(DG7 : Frankfurt)
TORONTO, Feb. 5, 2015 /CNW/ - Pursuant to an agreement
signed between DNI Metals Inc. and Clifton Mining Company dated
July 14, 2009, a 0.5% royalty shall
be paid to DNI from the sale of product at the Kiewit Gold Project,
Utah, USA.
Each payment is to be paid within 30 days of the end of each
quarter.
Production began in November and Clifton Mining Company has paid
DNI as per the terms of the agreement.
For more information, please refer to Clifton Mining's press
release dated November
19th, 2014.
http://www.newswire.ca/en/story/1448869/first-royalty-payment-and-meeting-update
Neither the TSXV nor its Regulation Services Provider (as that
term is defined in the policies of the TSXV) accepts responsibility
for the adequacy or accuracy of this release.
DNI - TSX Venture
DG7 - Frankfurt
Issued: 12,685,702 common shares
We seek Safe Harbour. This announcement includes forward
looking statements. While these statements represent DNI's best
current judgment, they are subject to risks and uncertainties that
could cause actual results to vary, including risk factors listed
in DNI's Annual Information Form and its MD&As, all of which
are available from SEDAR and on its website.
SOURCE DNI Metals Inc.