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Strongbow Chairman, CEO buys total of 578,367 shares
2018-04-12 11:53 PT - News Release
Sherman Dahl Jr. reports
PRETIUM CAPITAL GROUP ANNOUNCES RECENT STRONGBOW INSIDER PURCHASES
Richard Williams, president and chief executive officer of Strongbow Exploration Inc. and Gren Thomas, chairman, purchased an aggregate total of 578,367 common shares of Strongbow on the Toronto Stock Exchange since April 1, 2018. Details of the transactions can be found on the System for Electronic Disclosure by Insiders (SEDI). The purchases were made for investment purposes.
Strongbow Exploration Inc. (TSX-V:SBW), is a member of the Osisko group of companies, and building a portfolio of strategic metals assets in North America and the United Kingdom. Our flagship project is the past producing South Crofty underground tin mine in Cornwall, UK. With a mining license (valid to 2071), planning permission to construct a new surface process plant and water discharge permit in place, the project is fully permitted. The project further benefits from numerous shafts preserved for future mining activity, a high-grade NI 43-101 Mineral Resource Estimate, and a strongly supportive local community that has a long history of mining.
We are now focused on the construction of a water treatment plant so the now-flooded mine can be dewatered. Strongbow plans to bring the project to a production decision and complete a feasibility study in parallel with the mine dewatering process. The predominant uses for tin today are in the high tech world, as lead-free solder in circuit boards and in various forms of batteries. Companies using tin are coming under increasing scrutiny to demonstrate that the materials they use are not supporting conflict, do not contribute to environmental damage, and / or exploit children in the workforce. Strongbow is well positioned to capitalize on the demand for “CLEAN TIN”.
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*Pretium Communications Group holds an Investor Relations Contract with Strongbow.
**Principals of Pretium Communications Group are shareholders of Strongbow Exploration Inc.