Vancouver, BC – November 22, 2021. Esrey Resources Ltd. (the “Company”) is pleased to announce that the cease trade order issued by the British Columbia Securities Commission and the Ontario Securities Commission on February 20, 2020 for failure to file financial statements and other continuous disclosure documentation has now been revoked. The required continuous disclosure documents of the Company have now been filed and are available for review by interested parties on the SEDAR filing system.
The Company’s prior operations at its pilot plant metallurgical recovery plant in Macedonia ceased in the third quarter of 2019. The Company’s current focus is on securing mineral resources in where this process can be used in the recovery of zinc and other metals. Completion of any such transaction will be subject to the Company’s ability to secure financing, which has been constrained due to the cease trade order. Further particulars of either a proposed transaction or financing will be disclosed upon completion of negotiations and execution of a binding agreement. No such agreement has been entered into as of the current date and there can be no assurance that any such agreement will be reached on favourable terms or otherwise.
On behalf of the Board of Directors
“Allen D. Leschert”
Allen D. Leschert
For more information, please contact:
Investor Relations: 604-925-5136
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