Laramide Issues Amended AIF Disclosure on Westmoreland Project
Laramide Resources (OTCQX:LMRXF) has filed an amended Annual Information Form (AIF) for 2024 following a review by the Ontario Securities Commission. The key change involves the removal of references to the 2016 Preliminary Economic Assessment (PEA) for the Westmoreland Uranium Project in Queensland, Australia.
The company clarified that while the 2016 Westmoreland Scoping Study provides sound technical information, it is no longer considered the Current Technical Report under NI 43-101 requirements. The amended AIF maintains the current mineral resource estimates and other project information supported by the company's most recent NI 43-101 compliant technical report.
Laramide confirmed these amendments are not material to its financial position or operating results, and no changes have been made to the previously disclosed mineral resource estimates for the Westmoreland Project.
Laramide Resources (OTCQX:LMRXF) ha presentato un modulo informativo annuale (AIF) modificato per il 2024 dopo una revisione da parte della Ontario Securities Commission. La modifica principale riguarda la rimozione dei riferimenti alla Valutazione Economica Preliminare (PEA) del 2016 per il Progetto Uranio Westmoreland nel Queensland, Australia.
L'azienda ha chiarito che, sebbene lo Studio di Scoping Westmoreland del 2016 fornisca informazioni tecniche valide, non è più considerato il Rapporto Tecnico Attuale secondo i requisiti NI 43-101. L'AIF modificato mantiene le stime attuali delle risorse minerarie e le altre informazioni sul progetto supportate dal rapporto tecnico più recente conforme a NI 43-101.
Laramide ha confermato che queste modifiche non influenzano in modo significativo la sua posizione finanziaria o i risultati operativi, e non sono state apportate variazioni alle stime delle risorse minerarie precedentemente divulgate per il Progetto Westmoreland.
Laramide Resources (OTCQX:LMRXF) ha presentado un Formulario Anual de Información (AIF) enmendado para 2024 tras una revisión por parte de la Comisión de Valores de Ontario. El cambio clave implica la eliminación de referencias a la Evaluación Económica Preliminar (PEA) de 2016 para el Proyecto de Uranio Westmoreland en Queensland, Australia.
La empresa aclaró que, aunque el Estudio de Alcance Westmoreland 2016 proporciona información técnica sólida, ya no se considera el Informe Técnico Actual según los requisitos NI 43-101. El AIF enmendado mantiene las estimaciones actuales de recursos minerales y otra información del proyecto respaldada por el informe técnico más reciente conforme a NI 43-101.
Laramide confirmó que estas enmiendas no son materiales para su posición financiera ni resultados operativos, y no se han realizado cambios en las estimaciones de recursos minerales previamente divulgadas para el Proyecto Westmoreland.
Laramide Resources (OTCQX:LMRXF)는 온타리오 증권위원회의 검토 후 2024년 수정 연례 정보 양식(AIF)을 제출했습니다. 주요 변경 사항은 호주 퀸즐랜드에 위치한 Westmoreland 우라늄 프로젝트에 대한 2016년 예비 경제성 평가(PEA) 참조를 삭제한 것입니다.
회사는 2016년 Westmoreland 스코핑 연구가 신뢰할 만한 기술 정보를 제공하지만, NI 43-101 요구사항에 따른 현재 기술 보고서로는 더 이상 간주되지 않는다고 명확히 했습니다. 수정된 AIF는 회사의 최신 NI 43-101 준수 기술 보고서가 뒷받침하는 현재 광물 자원 추정치 및 기타 프로젝트 정보를 유지합니다.
Laramide는 이러한 수정 사항이 재무 상태나 운영 결과에 중대한 영향을 미치지 않는다고 확인했으며, Westmoreland 프로젝트에 대해 이전에 공개된 광물 자원 추정치에는 변경이 없다고 밝혔습니다.
Laramide Resources (OTCQX:LMRXF) a déposé un formulaire d'information annuel (AIF) modifié pour 2024 suite à un examen par la Commission des valeurs mobilières de l'Ontario. La modification principale concerne la suppression des références à l'Évaluation économique préliminaire (PEA) de 2016 pour le projet d'uranium Westmoreland dans le Queensland, en Australie.
La société a précisé que bien que l'étude de cadrage Westmoreland de 2016 fournisse des informations techniques solides, elle n'est plus considérée comme le rapport technique actuel conformément aux exigences NI 43-101. L'AIF modifié conserve les estimations actuelles des ressources minérales et d'autres informations sur le projet, appuyées par le rapport technique le plus récent conforme à NI 43-101.
Laramide a confirmé que ces modifications ne sont pas significatives pour sa situation financière ou ses résultats d'exploitation, et qu'aucun changement n'a été apporté aux estimations des ressources minérales précédemment divulguées pour le projet Westmoreland.
Laramide Resources (OTCQX:LMRXF) hat nach einer Überprüfung durch die Ontario Securities Commission ein geändertes Annual Information Form (AIF) für 2024 eingereicht. Die wesentliche Änderung betrifft die Entfernung von Verweisen auf die vorläufige Wirtschaftlichkeitsbewertung (PEA) von 2016 für das Westmoreland Uranium Projekt in Queensland, Australien.
Das Unternehmen stellte klar, dass die Scoping-Studie Westmoreland 2016 zwar fundierte technische Informationen liefert, jedoch nicht mehr als aktueller technischer Bericht gemäß den Anforderungen von NI 43-101 gilt. Das geänderte AIF behält die aktuellen Schätzungen der Mineralressourcen und weitere Projektinformationen bei, die durch den jüngsten NI 43-101-konformen technischen Bericht des Unternehmens gestützt werden.
Laramide bestätigte, dass diese Änderungen keine wesentlichen Auswirkungen auf die finanzielle Lage oder die Betriebsergebnisse haben und dass keine Änderungen an den zuvor veröffentlichten Schätzungen der Mineralressourcen für das Westmoreland-Projekt vorgenommen wurden.
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Toronto, Ontario--(Newsfile Corp. - July 15, 2025) - As a result of a review by staff of the Ontario Securities Commission, we are issuing the following news release regarding our disclosure on the Westmoreland Project.
Laramide Resources Ltd. (TSX: LAM) (ASX: LAM) (OTCQX: LMRXF) ("Laramide" or the "Company") announces that it has filed an amended version of its Annual Information Form ("AIF") for the year ended December 31, 2024, originally filed on March 30, 2025.
The amended filing was made in accordance with CSA Staff Notice 51-711 - Refilings and Corrections of Errors, and includes enhanced disclosure related to the Company's Westmoreland Uranium Project in Queensland, Australia. Specifically, the Company has removed all references to the 2016 Preliminary Economic Assessment ("PEA"), also referred to as the Westmoreland Scoping Study, from the AIF.
It should be noted that the Westmoreland Scoping Study, completed in 2016 and referenced in previous editions of the AIF, provides sound technical information but is no longer considered the Current Technical Report for the project in accordance with the requirements of National Instrument 43-101 - Standards of Disclosure for Mineral Projects.
The amended AIF continues to include current mineral resource estimates and other project information supported by the Company's most recent NI 43-101 compliant technical report.
The amended AIF is available under the Company's profile on SEDAR+ at www.sedarplus.ca and on the Company's website at Laramide.com.
Corresponding corrections have also been made to the Company's current corporate presentation, which is available on the Company's website, and to the offering document filed under the Listed Issuer Financing Exemption ("LIFE").
The Company confirms that the amendments are not material to its financial position or operating results, and that no changes have been made to the previously disclosed mineral resource estimates for the Westmoreland Project.
This news release has been reviewed and approved by a senior executive officer of the Company.
Qualified/Competent Person
The information in this announcement relating to Mineral Resource Estimates is based on information compiled or reviewed by Mr. Rhys Davies, a contractor to the Company. Mr. Davies is a Member of The Australasian Institute of Geoscientists and has sufficient experience which is relevant to the style of mineralization and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the JORC 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves', and is a "Qualified Person" as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Mr. Davies consents to the inclusion in this announcement of the matters based on his information in the form and context in which it appears.
To learn more about Laramide, please visit the Company's website at www.laramide.com or contact:
Marc Henderson, President and CEO
Toronto, Canada +1 (416) 599 7363
Ann Baines, Director, Investor Relations
Toronto, Canada +1 (647) 832-9904
About Laramide Resources Ltd.
Laramide is focused on exploring and developing high-quality uranium assets in Tier-1 uranium jurisdictions. The company's portfolio comprises predominantly advanced uranium projects in districts with historical production or superior geological prospectivity. The assets have been carefully chosen for their size and production potential, and the two large development projects are considered to be late-stage, low-technical risk projects. As well, Laramide has expanded its pipeline with strategic exploration in Kazakhstan where the company is exploring over 5,500 km2 of the prolific Chu-Sarysu Basin for world class roll-front deposits which are amenable to in-situ recovery.
Forward-looking Statements and Cautionary Language
This release includes certain statements that may be deemed to be "forward-looking statements." All statements in this release, other than statements of historical facts, that address events or developments that the management of the Company expect, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "plans", "projects", "intends", "estimates", "envisages", "potential", "possible", "strategy", "goals", "objectives", or variations thereof or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions. Actual results or developments may differ materially from those in forward-looking statements. Laramide disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws.
Since forward-looking information addresses future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, exploration and production for uranium; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of resource estimates; health, safety and environmental risks; worldwide demand for uranium; uranium price and other commodity price and exchange rate fluctuations; environmental risks; competition; incorrect assessment of the value of acquisitions; ability to access sufficient capital from internal and external sources; and changes in legislation, including but not limited to tax laws, royalties and environmental regulations.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/258920
FAQ
What changes did Laramide Resources (LMRXF) make to its Annual Information Form?
How does the AIF amendment affect Laramide's Westmoreland Project resource estimates?
Where can investors access Laramide's amended AIF documentation?
Why did Laramide Resources remove the 2016 PEA references from its AIF?
