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VanEck Vectors Global Alternative Energy ETF

Publié le 10 avril 2015

Sona Files Response Against Civil Claim by Illidge and White Over Elizabeth Option Agreements

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Mots clés associés :   Canada | G Mexico |

Sona Files Response Against Civil Claim by Illidge and White Over Elizabeth Option Agreements

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 10, 2015) - Sona Resources Corp. ("the Company" or "Sona"); (TSX VENTURE:SYS)(QS7.F) reports that it has filed a Response to Civil Claim (the "Response") in the Supreme Court of British Columbia. This is in defence of the Notice of Civil Claim (the "Notice") filed by the optionors Thomas Illidge and David White on March 6, 2015, for the termination of two Option Agreements (dated May 23, 2002), comprising one mineral claim and four Crown-granted claims that make up a portion of the Elizabeth Gold Deposit Property (the "Property"). A copy of the Response is available on Sona's website in the Downloads section.

The Response explains the Company's position regarding each of the claims in the Notice, and disputes that Sona is in default of the Option Agreements. The Company will vigorously defend its rights to enforce these agreements in their entirety, and it will take legal action to recover any costs and damages resulting from this spurious action. Sona will provide a detailed review of the matter in a future news release.

About Sona Resources Corp.

Sona is a junior gold resource company based in Vancouver, with a focus on bringing its Blackdome-Elizabeth Gold Project into full commercial production. Since its inception in 1990, Sona has engaged in a wide range of mineral exploration activities in Canada, Mexico and the United States, as well as small-scale gold production.

Sona owns a 100 percent interest in the former Blackdome Gold Mine in south-central British Columbia, 250 kilometres north of Vancouver; and the Elizabeth Gold Deposit Property, 30 kilometres south of Blackdome. Four Crown grants and one mineral claim on the Elizabeth property are subject to option agreements. At Blackdome, the mineral resources are estimated to be 144,500 tonnes, grading 11.29g Au/t and containing 52,500 oz. gold, indicated; and 90,600 tonnes, grading 8.79g Au/t and containing 25,900 oz. gold, inferred (news release dated May 4, 2010). At Elizabeth, Sona has outlined an inferred gold resource of 523,000 tonnes, grading 12.26g Au/t and containing 206,100 oz. gold (news release dated June 8, 2009).

Mineral resources that are not mineral reserves do not have demonstrated economic viability.

On behalf of the Board,

Nick Ferris, Executive Chairman

This news release contains certain forward-looking statements, and such statements involve risks and uncertainties. The results or events predicted may differ materially from actual results or events. Any forward-looking statement speaks only as of the date of this news release. Except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results, or any other occurrence.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

VanEck Vectors Global Alternative Energy ETF

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CODE : SYS.V
ISIN : CA83540Y1088
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Sona Resources est une société d’exploration minière d'or basée au Canada.

Sona Resources détient divers projets d'exploration au Canada.

Ses principaux projets en exploration sont ZENDA, CALLAGHAN et GOLDEN TREND en USA et MONTGOLFIER, TRUAX CLAIMS, ELIZABETH et BLACKDOME au Canada.

Sona Resources est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 2,8 millions (2,2 millions US$, 1,9 millions €).

La valeur de son action a atteint son plus haut niveau récent le 14 septembre 2007 à 5,00 , et son plus bas niveau récent le 08 avril 2016 à 0,01 .

Sona Resources possède 47 442 200 actions en circulation.

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Financements de VanEck Vectors Global Alternative Energy ETF
02/08/2013Closes Second Tranche of Private Placement
25/07/2013Closes First Tranche of Private Placement
18/06/2013Closes Second Tranche of Private Placement
18/03/2013Announces Private Placement
24/01/2012CLOSES SECOND TRANCHE OF PRIVATE PLACEMENT
02/01/2012CLOSES FIRST TRANCHE OF PRIVATE PLACEMENT
21/12/2011ANNOUNCES PRIVATE PLACEMENT
17/02/2011Sona Resources $1,499,999.60 private placement
Nominations de VanEck Vectors Global Alternative Energy ETF
01/04/2011APPOINTS MICHAEL WILLIAMS TO BOARD OF DIRECTORS
Projets de VanEck Vectors Global Alternative Energy ETF
08/09/2011INTERSECTS 8.4g Au/t OVER 0.51 METRES
19/07/2011(Blackdome)Commences 5,000-Metre Surface Drill Program at Its Blackdome...
12/07/2011(Elizabeth)s 4,500-Metre Underground Drill Program at Its Elizabeth Gol...
09/06/2011(Elizabeth)BEGINS 4,500-METRE UNDERGROUND DRILL PROGRAM AT ITS ELIZABE...
01/04/2011(Elizabeth)Releases Final 2010 Drill Results From Elizabeth Gold Deposi...
24/03/2011(Elizabeth)Gears Up for Underground Exploration at the Elizabeth Gold D...
22/03/2011STAY IN TOUCH WITH SONA RESOURCES
13/08/2008Releases Technical Report and Drill Data on the Elizabeth So...
01/05/2008(Montgolfier)Reports on Montgolfier Project Drilling Progress in Quebec
03/03/2008(Montgolfier)Provides Progress Report on its Montgolfier Drilling Program
14/12/2007(Montgolfier)Finalizes Plans for New Drill Program at its Montgolfier Pro...
16/10/2007(Elizabeth)Intersects 12.38g Au/t over 3.24 metres at the Elizabeth Sou...
09/10/2007Intersects 5.73g Au/t over 1.75 metres on the Blackdome No. ...
13/09/2007(Elizabeth) Intersects 37.5g Au/t over 11.2 metres at the Elizabeth Sou...
11/09/2007Identifies a Possible Southern Extension of the Giant Vein a...
26/06/2007(Montgolfier)Additional Promising Drilling Results from J-Pacific's Montg...
12/04/2005(Blackdome)2005 Technical report
Communiqués de Presse de VanEck Vectors Global Alternative Energy ETF
24/12/2015Sona Resources Clarifies Technical Disclosure
03/09/2015Sona Becomes Tier 2 Issuer
10/04/2015Sona Files Response Against Civil Claim by Illidge and White...
11/03/2015Sona Disputes Civil Claim Filed by Illidge and White Over El...
11/03/2015(Elizabeth)Disputes Civil Claim Filed by Illidge and White Over Elizabe...
17/12/2014Sona Recieves Threat to Elizabeth Option Agreements
28/10/2014IIROC Trading Resumption - PZE; LAB; REV.H; SYS
24/10/2014IIROC Trading Halt - SYS
16/07/2013Enters Into an Option Agreement to Acquire 100% of the Miner...
14/05/2013Closes First Tranche of Private Placement and Reprices Stock...
13/03/2013and China Machinery Engineering Corporation Extend the Timef...
13/02/2013Signs Agreement With China Machinery Engineering Corporation...
26/10/2012(Blackdome)Blackdome-Elizabeth Gold Project Progress Report
14/07/2011MiningInsights (tm) Sona Resources Corp.: Resurgent Value in...
19/04/2011CLARIFIES TECHNICAL DISCLOSURE
15/03/2011Closing of First Tranche of Private Placement for $257,400
18/09/2008Receives Quebec Mineral Investment Refund
18/04/2008Sale of Shares
15/02/2008 Grants Incentive Options
31/01/2008Gold Announces 2008 Exploration Plans
24/01/2008Commences New Drill Program at its Montgolfier Project in Qu...
21/01/2008Terminates SEC Registration
15/01/2008 Resignation of Directors
25/06/2007Arranges Financing
20/06/2007Commences Drilling Program at the Elizabeth Southwest Gold V...
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