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Tahoe Resources Inc
Symbol THO
Shares Issued 313,310,736
Close 2018-09-04 C$ 3.61
Market Cap C$ 1,131,051,757
Recent Sedar+ Documents

Tahoe's Escobal licence reinstatement reversed

2018-09-04 06:39 ET - News Release

Ms. Alexandra Barrows reports

GUATEMALAN CONSTITUTIONAL COURT REVERSES SUPREME COURT RULING TO REINSTATE ESCOBAL MINING LICENSE

Tahoe Resources Inc. has learned through a Guatemalan Constitutional Court press conference held today that the Constitutional Court reversed the Supreme Court's decision to reinstate the Escobal mining licence of Tahoe's Guatemalan subsidiary, Minera San Rafael (MSR). The company understands that the Constitutional Court's resolution orders that the Escobal mining licence will remain suspended until the Ministry of Energy and Mines (MEM) completes the ILO 169 consultation with the Xinka communities in the region of the Escobal mine. At this time, the company does not have a timeline for completion of MEM's ILO 169 consultation. However, in the similar case of OXEC, MEM completed the consultation within six months.

The Constitutional Court is expected to issue a formal resolution in the next several days. Upon review of the written ruling, the company will provide further updates.

About Tahoe Resources Inc.

Tahoe is a mid-tier precious metals company with a diverse portfolio of mines and projects in Canada, Guatemala and Peru. Tahoe is led by experienced mining professionals dedicated to creating sustainable value for all of its stakeholders through responsible mining.

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