WATERLOO, ONTARIO — (Marketwired) — 07/31/13 — Great Lakes Nickel Limited („GLN“ or the Company“) announces that, as a result of a review by the Ontario Securities Commission (the „OSC“) in connection with the Company-s application for a full revocation of a cease trade order, it is issuing the following news release to clarify and retract certain technical disclosure made by way of news released issued by GLN on March 14, 2002 (the „Release“).
The Company wishes to clarify that the disclosure regarding measured and inferred resource estimates on Block A of the Pardee property and the historical estimate on Block B of the Pardee property included in the Release should not be relied upon and, at the request of the OSC, is being retracted.
CAUTIONARY STATEMENT
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release includes certain „forward looking statements“. All statements other than statements of historical fact included in this release, without limitation, statements regarding future plans and objectives of GLN, are forward looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from GLN-s expectations are such things such as regulatory approvals and receipt of mining permits and leases.
Contacts: Fasken Martineau DuMoulin LLP Michael Bourassa 416-865-5455
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