BROSSARD, QB / ACCESSWIRE / April 14, 2014 / Rocmec Mining Inc. (the "Company") announces that the Company obtained authorization to change its name and ticker symbol. On or about April 16th, 2104, at the opening of trading, the company's name will change from Rocmec Mining Corporation Inc to Nippon Dragon Resources Inc. and the new ticker symbol will be "NIP".
The resolution authorizing the directors to change the name of the company for Nippon Dragon Resources Inc. received the support of 96.92% of the shares voted at the Annual and Special Shareholders Meeting, held on December 18th, 2013.
"A new milestone has been reached in achieving our goals of adding value to the Company. More than just a name change, Nippon Dragon will be an opening to new markets and a catalyst for the reopening of the Rocmec 1 gold mine," states Andre Savard, President and CEO of Rocmec.
Rocmec is active in the exploration and the development of gold resources in Quebec and Peru. The Corporation holds a gold property with resources recognised in accordance with NI43-101, a modular treatment plant and also an exclusive license for the thermal fragmentation mining method for exploiting narrow-vein ore deposits.
The company's growth strategy is based on:
- The development of its gold deposits with the objective of producing revenue from its operations;
- Increasing the value of its mining assets by prioritizing the exploration targets; and
- The commercialisation and employment of its thermal fragmentation technology.
For additional information:
John Stella, Investor relations (514) 718-7976 [email protected]
Andre Savard, President & CEO (450) 510-4442 [email protected]
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. This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration and production activities and events or developments that the Corporation expects, are forward looking statements. Although the Corporation believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions.
Corporation Miniere ROCMEC Mining Inc. 7055 Taschereau Blvd., suite 500, Brossard (Quebec) J4Z 1A7
Tel: (450) 510-4442 www.rocmec.com
SOURCE: Rocmec Mining Inc.