Tantalex Resources Corporation

Tantalex Resources Corporation

June 13, 2016 08:31 ET

Tantalex Announces First Arrival of Tantalum Concentrate

TORONTO, ONTARIO and MUNICH, GERMANY--(Marketwired - June 13, 2016) -

Editors Note: There is a photo associated with this press release.

TANTALEX Resources Corporation (CSE:TTX)(FRANKFURT:1T0) ("TANTALEX" or the "Corporation"), is pleased to announce that its wholly owned subsidiary, United Materials Congo SARL ("UNITED MATERIALS" or "UMC"), located in the Katanga province of Democratic Republic of Congo ("DRC"), has received its first 1,500 Kg of Tantalum Pentoxide concentrate (Ta205) from its sub-contractor. (Refer to June 8, 2016 press release).

The barrels of Ta205 have been shipped to UMC's warehouse, located in the city of Lubumbashi, in the province of Katanga. They will temporarily be held there until when they will be shipped overseas by container to pre-established buyers.

Dave GAGNON, Chief Executive Officer of TANTALEX, explains: "We are extremely happy to see the first shipments of Tantalum arrive. It's proof of our team's hard work, perseverance and dedication. In what seems to be a never-ending downturn market, we have been able to put together partnerships and secure buyers for a mineral that remains in constant demand."

About TANTALEX Resources Corporation

TANTALEX is a mining company engaged in the acquisition, exploration, development and distribution of Tantalum and other high-tech mineral properties in Africa. The Company is listed on the Canadian Stock Exchange (symbol: TTX) and the Frankfurt Stock Exchange (symbol: 1T0).

Cautionary Note Regarding Forward Looking Statements

The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward looking statements. Although TANTALEX believes that the expectations reflected in forward looking statements are reasonable, it can give no assurances that the expectations of any forward looking statements will prove to be correct. Except as required by law, TANTALEX disclaims any intention and assumes no obligation to update or revise any forward looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise.

The Canadian Securities Exchange (CSE) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy.

For further information, please contacts Investor relations: ir@tantalex.ca

Or visit us at: WWW.TANTALEX.CA

To view the photo associated with this release, please visit the following link: http://www.marketwire.com/library/20160613-TANTALEX.jpg.

Contact Information

  • TANTALEX Resources Corporation
    Dave Gagnon
    Chief Executive Officer

    TANTALEX Resources Corporation
    Kyle Appleby
    Chief Financial Officer