August 8, 2013
Cap-Ex Iron Ore Ltd. (CEV: TSX-V) (Frankfurt: X0V) (OTCQX: CPXVF) (“Cap-Ex” or the “Company”) is pleased to announce that it has filed a National Instrument 43-101 Technical Report (the “Technical Report”) on SEDAR at www.sedar.com. The Technical Report is with respect to Cap-Ex’s Preliminary Economic Assessment (“PEA”) on the Block 103 Property.
The Technical Report is titled “Preliminary Economic Assessment of the Block 103 Iron Ore Property Newfoundland and Labrador” for Cap-Ex Iron Ore Ltd.” and dated effective June 27, 2013.
Results of the Technical Report were announced in the news release dated June 27, 2013. There is no material differences between the results announced in the press release dated June 27, 2013 and the final PEA.
For additional information please visit the Company’s website at www.cap-ex.ca.
CAP-EX IRON ORE LTD.
On behalf of the Board
CEO and Director
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Cautionary Note Regarding Forward-looking Information
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the development potential of the Company’s Block 103 iron ore property, future exploration plans, future production, future operating and capital costs, the projected IRR, NPV and payback period, details about infrastructure and the expected timing for completion of a feasibility study. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information. There can be no assurance that such information 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 information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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