NorZinc reports results for Q3 and operations update

9 November 2018

NorZinc Ltd. reports its interim financial results and development activities for the three and nine month periods ended September 30, 2018. (All amounts are in Canadian dollars unless otherwise stated.
Q3 2018 Results & Recent Highlights
Financial 

  • $20M financing closes (July)
  • Company repays US$10M loan to become debt free (July)
  • Cash at September 30, 2018 $13.0M
Permitting 
  • Positive decision to resume All Season Road permitting at Prairie Creek (July)
  • Positive recommendation adopted by responsible ministers on All Season Road (Oct)
Project related 
  • Prairie Creek Project summer program (Aug-Oct)
  • New resource at Lemarchant Newfoundland (Sept)
Corporate 
  • Completes corporate reorganisation (Sept)
  • Company renamed as NorZinc Ltd. (Sept)
  • New listing symbols – NZC (TSX), NORZF (OTCQB) (Sept)
  • Loss for Q3 2018 $3.3M