NorZinc Announces $ 1 Million Capital Funding Capital Funds

NorZinc Announces $ 1 Million Capital Funding Capital Funds

Cautionary Statement – Forward-Looking Information NorZinc is a TSX-listed mine development Company trading under the symbol “NZC” and on the OTCQB under the symbol “NORZF”. NorZinc is developing its key project, the 100%-owned high grade silver-zinc-lead Prairie Creek Project, located in the Northwest Territories. NorZinc also owns projects in Newfoundland that host several zinc-lead-copper-gold-silver deposits. This press release contains forward-looking information, including, among other things, statements regarding building a world class, high grade silver, zinc and lead mine in Canada, the target date for closing the Investment and the use of proceeds. The forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Material risk factors that could cause actual results to differ materially from the forward-looking statements include risks that the assumptions and factors on which the forward-looking information is based differ from expectations, risks related to the COVID-19 global health crisis, the Company’s history of losses, lack of revenue generation, and dependence on substantial financing to develop the Prairie Creek Mine, as well as all of the risk factors described in the Company’s most recent Annual Information Form and Management’s Discussion & Analysis filed with Canadian provincial securities regulatory authorities. The Company disclaims any intention or obligation to update or revise any forward-looking information, except as required by applicable law.

Story continues “We are pleased to welcome Rohan as CEO of NorZinc and are confident he and the team will build on the Company’s existing track record to deliver and execute on a viable development plan and comprehensive financing package,” Justin Anderson, Principal of RCF said. “We have held a longstanding partnership with NorZinc and look forward to ongoing participation in the next steps to advance the Company and the Prairie Creek Project, and delivering on the value in this world-class opportunity.”

About NorZinc “We value our relationship with RCF as our largest shareholder, and appreciate its continued support for the Company’s development of the Prairie Creek Project,” said Rohan Hazelton, President and CEO of NorZinc. “We look forward to working closely with RCF and all the Company’s stakeholders to advance Prairie Creek in all aspects of development and financing to build a world-class, high grade silver, zinc and lead mine in Canada.”

Source finance.yahoo.com View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2021/03/c0835.html

Cision SOURCE NorZinc Ltd.

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