VANCOUVER, Nov. 7,
2014 /CNW/ - Monument Mining Limited (TSX-V: MMY and
FSE: D7Q1) ("Monument" or the "Company") announces that it has
applied to the Supreme Court of British
Columbia (the "Court") for an order to extend the time for
Monument to call the next annual meeting of shareholders from
December 31, 2014 to March 22, 2015 (the "Application").
The Court has authorized service of the
Application and abridging the time for service as described in the
order made by the Court (the "Order") on
November 7, 2014. The Application will come on for
hearing on Monday, November 17, 2014 at 9:45am at the courthouse at 800 Smithe Street in
Vancouver, British Columbia.
The Order, Application and supporting affidavit
are available on Monument's SEDAR profile at www.sedar.com and on
Monument's website.
About Monument
Monument Mining Limited (TSX-V: MMY, FSE: D7Q1)
is an established Canadian gold producer that owns and operates the
Selinsing Gold Mine in Malaysia.
Its experienced management team is committed to growth and is
advancing several exploration and development projects in
Malaysia and Australia, including the development stage,
Mengapur Polymetallic Project in Malaysia and the Murchison Project in
Western Australia. The Company
employs approximately 300 people and is committed to the highest
standards of environmental management, social responsibility, and
health and safety for its employees and neighboring
communities.
Robert F. Baldock,
President and CEO
Monument Mining Limited
Suite 1580, 1100 Melville Street
Vancouver B.C. Canada V6E 4A6
"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."
Forward-Looking Statement
This news release includes statements
containing forward-looking information about Monument, its business
and future plans ("forward-looking statements"). Forward-looking
statements are statements that involve expectations, plans,
objectives or future events that are not historical facts and
include the Company's plans with respect to its mineral projects
and the timing and results of proposed programs and events referred
to in this news release. Generally, forward-looking
information can be identified by the use of forward-looking
terminology such as "plans", "expects" or "does not expect", "is
expected", "budget", "scheduled", "estimates", "forecasts",
"intends", "anticipates" or "does not anticipate", or "believes",
or variations of such words and phrases or state that certain
actions, events or results "may", "could", "would", "might" or
"will be taken", "occur" or "be achieved". The forward-looking
statements in this news release are subject to various risks,
uncertainties and other factors that could cause actual results or
achievements to differ materially from those expressed or implied
by the forward-looking statements. These risks and certain
other factors include, without limitation: risks related to general
business, economic, competitive, geopolitical and social
uncertainties; uncertainties regarding the results of current
exploration activities; uncertainties in the progress and timing of
development activities; foreign operations risks; other risks
inherent in the mining industry and other risks described in the
management discussion and analysis of the Company and the technical
reports on the Company's projects, all of which are available under
the profile of the Company on SEDAR at www.sedar.com.
Material factors and assumptions used to develop forward-looking
statements in this news release include: expectations
regarding the estimated cash cost per ounce of gold production and
the estimated cash flows which may be generated from the
operations, general economic factors and other factors that may be
beyond the control of Monument; assumptions and expectations
regarding the results of exploration on the Company's projects;
assumptions regarding the future price of gold of other minerals;
the timing and amount of estimated future production; the expected
timing and results of development and exploration activities; costs
of future activities; capital and operating expenditures; success
of exploration activities; mining or processing issues; exchange
rates; and all of the factors and assumptions described in the
management discussion and analysis of the Company and the technical
reports on the Company's projects, all of which are available under
the profile of the Company on SEDAR at www.sedar.com.
Although the Company 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 such statements 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
statements. The Company does not undertake to update any
forward-looking statements, except in accordance with applicable
securities laws.
SOURCE Monument Mining Limited