SPOKANE VALLEY, WASHINGTON--(Marketwire -09/14/11)- Revett Minerals (TSX: RVM - News) (AMEX: RVM - News) is pleased to announce that it will be added to the S&P/TSX Small Cap Index, effective after the close of trading on Friday, September 16, 2011.
John Shanahan, President and CEO stated "In addition to being included in the Russell 3000 Index in June of this year, we feel that our inclusion in the S&P/TSX Index will continue to increase our exposure to new investors and broaden our shareholder base."
Revett, through its subsidiaries, owns and operates the currently producing Troy Mine in Lincoln County, Montana and development-stage Rock Creek Project located in Sanders County, Montana, USA. The proven reserves at the Troy Mine and significant resources at the Rock Creek project form the basis of our plan to become a solid mid-tier base and precious metals producer. Revett plans on expanding production through exploration in and around its current properties, as well as through targeted business combinations of advanced stage projects.
John Shanahan, President & CEO
Except for the statements of historical fact contained herein, the information presented in this news release may contain "forward-looking statements" within the meaning of applicable Canadian securities legislation and The Private Securities Litigation Reform Act of 1995. Generally, these forward looking statements can be identified by the use of forward-looking terminology such as "plans", "expects", or "does not expect", "is expected", "is not expected", "budget", "plans", "schedule", "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 statements contained in this news release include but are not limited to those with respect to inclusion in the S&P/TSX index or the Russell 3000 Index increasing exposure to new investors and broadening our shareholder base. Forward looking statements are subject to known and unknown risks, uncertainties and other factors. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Revett Minerals does not undertake to update any forward-looking statements, except in accordance with applicable securities laws.