Shares Outstanding: 363 Million
Symbol & Exchange: BN-TSX
MONTREAL, Feb. 28 /CNW Telbec/ - Blue Note Mining intends to plead guilty
to a charge relating to the release of a contaminant at its Caribou Mine
facility, near Bathurst, New Brunswick, in July, 2007.
The charge is a summary conviction offence pursuant to subsection
5.3(1) (a) of the Clean Environment Act, R.S.N.B. 1973, c. C-6.
Blue Note accepts responsibility for its actions and intends to plead
guilty at the first available opportunity.
Blue Note intends to advise the Court that its representatives advised
the Department of Environment of the spill immediately; offered full
cooperation with the Department; the spill was cleaned up by Blue Note by
5:00 p.m. on the same day that the spill was reported with no measurable
effect on the external environment; and Blue Note has no previous record of
A hearing on the matter before New Brunswick Provincial Court is
scheduled for March 3, 2008.
About Blue Note Mining
Blue Note Caribou Mines Inc. is a wholly owned subsidiary of Blue Note
Mining Inc., a Canadian mining company headquartered in Montreal with
operations in Bathurst, New Brunswick. The company's shares trade on the TSX
under the symbol BN.
This news release contains discussion of items that may constitute
forward-looking statements within the meaning of securities laws that involve
risks and uncertainties. Although the company believes the expectations
reflected in such forward-looking statements are based on reasonable
assumptions, it can give no assurances that its expectations will be achieved.
Factors that could cause actual results to differ materially from expectations
include the effects of general economic conditions, actions by government
authorities, uncertainties associated with contract negotiations, additional
financing requirements, market acceptance of the Company's products and
competitive pressures. These factors and others are more fully discussed in
Company filings with Canadian securities regulatory authorities.
The TSX does not accept responsibility for the adequacy or accuracy of
this news release.
For further information:
For further information: Glenn Massad, Director of Communications, Blue
Note Mining, (800) 937-3095, email@example.com; www.bluenotemining.ca