VANCOUVER, May 3 /CNW/ - Curis Resources Ltd. ("Curis") (TSX: CUV)
announces that it will begin trading on the Toronto Stock Exchange
("TSX") on Wednesday May 4, 2011 under the symbol CUV.
President & CEO Michael McPhie said: "Curis has reached a number of
milestones over the past six months. The Company went public in
November 2010 and concurrently completed a significant financing. We
have now achieved a TSX listing, which we believe will raise the
Company's profile with institutional investors."
"Activities at our flagship Florence Copper Project are also progressing
well. The formal process to amend and update the existing major
operating permits and site zoning requirements for the project
continues to advance as originally anticipated. With a project
feasibility study now underway and a comprehensive public outreach
program ongoing, we are well positioned to begin the first phase of
development of the project at the beginning of 2012," said McPhie.
"The Florence Copper Project represents a unique opportunity to bring
to market a low cost, next generation copper producer at the right time
and in the right place. This is an advanced stage copper development
project on private land in Central Arizona, USA that was formerly
advanced to feasibility level of assessment, full project permits and
the completion of a successful pilot test in 1999. Curis is now
advancing the project forward with the goal of achieving commercial
production in early 2014."
About Curis Resources Ltd.
Curis Resources Ltd. is a mineral development company, the major
shareholder of which is Hunter Dickinson Inc. (HDI). Curis is focused
on the acquisition, development and operation of high-quality
next-generation copper properties in progressive jurisdictions around
the world. It is currently focused on advancing its 100% owned
Florence Project in Arizona USA to production. For more project-level
information, sign up for the Florence Copper Project's e-Newsletter.
Hunter Dickinson Inc. (HDI) is a diversified, global mine development
company with a 25-year history of mineral development success. From its
head office in Vancouver, Canada, HDI applies its unique strengths and
capabilities to acquire, develop, operate and monetize mineral
properties that provide consistently superior returns to shareholders.
President & CEO
Neither the TSX Venture Exchange nor its Regulation Services Provide (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
This release includes certain statements that may be deemed
"forward-looking statements". All statements in this release, other
than statements of historical facts, that address exploration drilling,
exploitation activities and events or developments that the company
expects are forward-looking statements. Although the Company 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 the forward-looking statements. Factors that could cause
actual results to differ materially from those in forward-looking
statements include fluctuation in market prices, exploitation and
exploration successes, continuity of mineralization, uncertainties
related to the ability to obtain necessary environmental, land use and
other permits, approvals, licenses and title on a timely basis and
delays due to third party opposition, changes in government policies
regarding mining and natural resource exploration and exploitation,
continued availability of capital and financing, and general economic,
market or business conditions. Investors are cautioned that any such
statements are not guarantees of future performance and actual results
or developments may differ materially from those projected in the
forward-looking statements. For more information on the Company,
investors should review the Company's continuous disclosure filings
that are available at www.sedar.com.
SOURCE Curis Resources Inc.
For further information:
For further details on the Company and Curis Resources Ltd. please visit www.curisresources.com or contact Susie Bell, Manager of Investor Relations, at (604) 684-6365 or within North America at 1-800-667-2114