Matica Set to Begin Permitting and Technical Report of Grumpy Lizard
Toronto, Ontario--(Newsfile Corp. - August 26, 2015) - Matica Enterprises Inc. (CSE: MMJ) (FSE: 39N) (OTC Pink: MQPXF) ("Matica" or the "Company") announces that it is preparing to commence phase one of the planned exploration programs at the Nevada Grumpy Lizard project which will include additional sampling, geophysics, mapping, prospecting, and permitting of the area. Matica has retained the services of Robert A. Lunceford, MSc. CPG to commence the preparation of a Property of Merit Technical Report. Mr. Lunceford is a Certified Professional Geologist (AIPG) and QP with more than 35 years experience in evaluation and project management in North and South America and Australia. His past experience includes work with both junior and senior mining companies, including as Regional Manager with Teck Corporation. Since 2006, Mr. Lunceford has worked as an independent consulting geologist, and Qualified Person and has authored numerous NI 43-101 Technical Reports for properties in Peru, Guyana, Mexico, and Nevada.
Matica is also pleased to announce that it has engaged Enviroscientists, Inc. ("Enviroscientists") of Reno, Nevada to prepare and submit the necessary surveys and reports required to obtain the environmental permitting needed to allow for the eventual trenching and drilling. Enviroscientists is an environmental consulting firm that specializes in assisting natural resource development industries and government clients with environmental related issues and regulatory compliance. Enviroscientists serves natural resource development clients throughout the western United States. Their services include environmental impact assessment documents, environmental permit and licensing, environmental audits and site assessments, biological surveys including special status species, geological assessments, hazardous waste and materials management, air quality assessments, and environmental and institutional analysis.
About Matica Enterprises Inc.
Matica Enterprises currently holds a fifty percent interest in THC Dispensaries Canada, Inc ("THCD"), a Nova Scotia applicant under the Marijuana for Medical Purposes Regulation ("MMPR"). THCD has received a "Ready To Build" letter from Health Canada and requires a pre-licence inspection by Health Canada before qualifying as a Licensed Producer under MMPR. This newly renovated marijuana growing facuility sits on 20 acres of land near the town of Antigonish, NS. Matica also has mining assets including the Grumpy Lizard project in Nevada, and the Buckingham Graphite project in Buckingham Township in the Grenville Province in south-western Quebec, a well-known historic graphite producing area.
For more information on Matica Enterprises please visit the website at: www.maticaenterprises.com.
On behalf of the Board of Directors
MATICA ENTERPRISES INC.
Boris Ziger, CEO & Chairman
Disclaimer for Forward-Looking Information
Certain information in this press release may constitute forward-looking information. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. The Corporation assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to the Corporation. Additional information identifying risks and uncertainties is contained in the Corporation's filings with the Canadian securities regulators, which filings are available at www.sedar.com.
This news release contains statements about the Company's information that will be made available on the S&P Capital IQ Corporation Records Listing Program and the business of Matica, specifically any potential licensing under the MMPR, that are forward-looking in nature and, as a result, are subject to certain risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them as actual results may differ materially from the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include failure to receive its Licensed Producer designation for any reason whatsoever. The forward-looking statements contained in this news release are made as of the date hereof, and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, except as required by law.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. We seek Safe Harbor.