Developing Processes For The Low-Cost Manufacturing Of High Purity Silicon Metals For Next-Generation Lithium-ion Batteries

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Message: BGF Spinoff Estimate?

Hi John,

Scrapping the process to list Beauce Gold Field on the CSE in favor of a TSX-V listing because of the Plan of Arrangement requirement, did extend the time line.  It was costing us the almost the same to get listed on the CSE as the TSX-V.  In our opinion, the Venture is better real estate for the money invested.

Since August, we hold weekly meetings with our advisors to make sure everything moves forward.  Regardless of the time it takes, work in the Beauce continues.

I'm sorry, but like we stated in the August PR regarding BGF, no timelines will be given.  We'll announce events as they come.

Thanks

Patrick
  --
Patrick Levasseur
President, COO
Tel: 514 846 3271
Cel.: 514 262-9239

HPQ Silicon Resources
3000, Omer-Lavallée St, Suite 306
Montréal (Québec)
Canada H1Y 3R8

Disclaimers: This email contains certain forward-looking statements, including, without limitation, statements containing the words "may", "plan", "will", "estimate", "continue", "anticipate", "intend", "expect", "in the process" and other similar expressions which constitute "forward-looking information" within the meaning of applicable securities laws. Forward-looking statements reflect the Company's current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company's on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws

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