TORONTO,
ONTARIO–(Marketwired – June 19, 2014) – Primero Mining Corp. (“Primero” or the
“Company”) (TSX:P)(NYSE:PPP) is pleased to announce that S&P Dow
Jones Indices (S&P) has added Primero to the S&P/TSX Composite Index as
a result of the Quarterly S&P/TSX Composite Index Review, effective after
the close of trading tomorrow, Friday, June 20, 2014.
The S&P/TSX Composite
Index is the headline index in Canada and the premier indicator of performance
for Canadian equity markets. It includes the largest companies on the Toronto
Stock Exchange (TSX) as measured by market capitalization and liquidity.
“Primero’s inclusion
in the S&P/TSX Composite Index reflects its strong growth and
progress,” said Joseph F. Conway, C.E.O. “We are confident that this
will further improve Primero’s trading liquidity and increase our exposure to a
broader range of investors.”
About S&P Dow Jones
Indices
S&P Dow Jones Indices LLC,
a part of McGraw Hill Financial, is the world’s largest, global resource for
index-based concepts, data and research. Home to financial market indicators,
such as the S&P 500® and the Dow Jones Industrial Average, S&P Dow
Jones Indices LLC has over 115 years of experience constructing innovative and
transparent solutions that fulfill the needs of investors. To learn more about
the company, please visit www.spdji.com.
About Primero
Primero Mining Corp. is a
Canadian-based precious metals producer that owns 100% of the San Dimas
gold-silver mine and the Cerro del Gallo gold-silver-copper development project
in Mexico and 100% of the Black Fox mine and adjoining properties in the
Township of Black River-Matheson near Timmins, Ontario, Canada. Primero offers
immediate exposure to un-hedged, below average cash cost gold production with a
substantial resource base in politically stable jurisdictions. The Company is
focused on becoming a leading intermediate gold producer by building a
portfolio of high quality, low cost precious metals assets in the Americas.
Primero’s website is www.primeromining.com.
CAUTIONARY STATEMENT ON
FORWARD-LOOKING INFORMATION
This news release contains
“forward-looking statements”, within the meaning of the United States
Private Securities Litigation Reform Act of 1995 and applicable Canadian
securities legislation, concerning the business and operations of Primero
Mining Corp. and its consolidated subsidiaries (collectively,
“Primero” or the “Company”). All statements, other than
statements of historical fact, are forward-looking statements. Generally,
forward-looking statements can be identified by the use of forward-looking terminology
such as “is expected”, “expects”, “to become”,
“will be”, “will improve” or variations of such words and
phrases or statements that certain actions, events or results will occur.
Forward-looking statements may include statements in the present tense which
refer to current matters that are ongoing and are expected to continue in
future as well as other future events expressed in the present tense.
The assumptions made by the
Company in preparing the forward-looking information contained in this news
release, which may prove to be incorrect, include, but are not limited to: the
expectations and beliefs of management; the specific assumptions set forth
above in this news release including that the Company will be included in the
S&P/TSX Composite Index and the effective date of such inclusion; that the
Company’s liquidity will improve and that it will increase its exposure to a
broader range of investors; and that the Company will be able to build a
portfolio of high quality, low cost precious metals assets in the Americas.
Forward-looking statements
are subject to known and unknown risks, uncertainties and other important
factors that may cause the actual results, performance or achievements of
Primero to be materially different from those expressed or implied by such forward-looking
statements, including: that the Company may not realize anticipated production;
that costs may not be below average; the Company may not be able to become a
leading intermediate gold producer by building a portfolio of high quality, low
cost precious metals assets in the Americas. Certain of these factors are
discussed in greater detail in Primero’s registration statement on Form 40-F on
file with the U.S. Securities and Exchange Commission, and its most recent
Annual Information Form on file with the Canadian provincial securities
regulatory authorities and available at www.sedar.com.
Should one or more of these
risks and uncertainties materialize, or should underlying assumptions prove
incorrect, actual results may vary materially from those described in
forward-looking statements. In addition, although Primero has attempted to
identify important factors that could cause actual actions, events or results
to differ materially from those described in forward-looking statements, there
may be other factors that cause actions, events or results not to be as
anticipated, estimated or intended. There can be no assurance that such
statements will prove to be accurate, as actual results and future events could
differ materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking statements.
Forward-looking statements are made as of the date hereof and accordingly are
subject to change after such date. Forward-looking statements are provided for
the purpose of providing information about management’s current expectations
and plans and allowing investors and others to get a better understanding of
our operating environment. Primero does not undertake to update any
forward-looking statements that are included in this document, except in
accordance with applicable securities laws.
Contact Information
Primero Mining Corp.
Tamara Brown
VP, Investor Relations
(416) 814 3168
[email protected]
www.primeromining.com
