9:A,2:7/]P^[ZYO^_Z misleading short-seller report
ported by extensive environmental, technical, and social ^_`OTP^NZYO`N_POMdY`XP]Z`^]P[`_LMWPʭ]X^& 9:A,2:7/ LYO T_^ [L]_YP] -L]]TNV 2ZWO L]P LOaLYNTYR /ZYWTY2ZWO_ZbL]OOPaPWZ[XPY_TYLʭ^NLWWdLYO^ZNTLWWd]P - sponsible manner with a strong focus on technical excellence, safety, and environmental stewardship; ?SP NZX[LYdɪ^ STRSWd Pc[P]TPYNPO LYO bPWW]PRL]OPO management team is steadfast in its strategy toward suc- cessful execution of the project when the gold price, market conditions, and project optimization render it ready for de- velopment; JCAP exhibited a fundamental lack of knowledge of geolo- RdPYRTYPP]TYR_Z[ZR]L[Sd_PNSYZWZRdLNNZ`Y_TYRLYOʭ - nancial assessment methodology as it attempted to denigrate 9:A,2:7/LYOT_^L^^P_^&LYO 5.,;ɪ^XT^]P[]P^PY_L_TZY^NZYaPYTPY_ZXT^^TZY^LYOTY - tentional muddling of chronology, events and data, as well as inappropriate comparisons and consistent reliance on un- TOPY_TʭPO \`P^_TZYLMWd N]POPY_TLWPO ɭPc[P]_^ɮ Pc[Z^PO T_^ deep lack of legitimacy. Additionally, Dr. Thomas S. Kaplan, Chairman of the Board of Directors of the Company, released a separate statement in which he comprehensively addressed for the investing public his take on JCAP.
SPECIAL TO THE ALASKA MINER 9:A,2:7/ =0>:@=.0> 49. ]PWPL^PO L NZX[]PSPY^TaP response June 6 addressing the multiple misleading state- XPY_^ LYO [L_PY_ QLW^PSZZO^ XLOP Md 5 .L[T_LW =P^PL]NS 5.,;TYT_^]P[Z]_ZY_SPNZX[LYdT^^`PO8Ld # 9:A,2:7/ MPWTPaP^ _SL_ 5.,; T^ [P][P_]L_TYR bSL_ T^ known as a short-and-distort scheme. ɭ?SP9:A,2:7/_PLXSL^MPPY_SZ]Z`RSWd]PaTPbTYR_SP error-ridden report by JCAP since it was published on May # ɮ^LTO2]PR7LYR;]P^TOPY_LYO.0:ZQ9:A,2:7/ “Our response, while of necessity lengthy, clearly highlights the numerous false and misleading statements contained in the report. I encourage everyone to review this material in detail in order to fully understand the magnitude of the dis- _Z]_TZY^LYOOPNP[_TZY^[`_QZ]_SMd5.,;LYObSd9:A, - 2:7/ T^ ^Z OP_P]XTYPOWd L^^P^^TYR LWW ZQ _SP WPRLW Z[_TZY^ available to it in various jurisdictions.” The full response, which contains a line-by-line factual LYLWd^T^ ZQ _SP TYLNN`]L_P ]P[Z]_ NLY MP aTPbPO L_% bbb YZaLRZWONZXTYaP^_Z]^YPb^TYOPc[S[*NZY_PY_JTO( ,XZYRZ_SP][ZTY_^9:A,2:7/ɪ^]P^[ZY^POPXZY^_]L_P^% /ZYWTY2ZWOZ]_SPɭ[]ZUPN_ɮ ZbYPOMd9:A, - 2:7/T^NWPL]WdQPL^TMWPL^bPWWL^ZYPZQ_SPbZ]WOɪ^WL]RP^_ and highest-grade known open-pit gold deposits, as sup-
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Ambler Metals is an independently operated company owned equally by Trilogy Metals Inc. & South32 Limited
Learn more at www.amblermetals.com
27
July 2020
The Alaska Miner
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