CMC Metals Ltd. (CMCXF)

[BMGS]

Commenced construction of a tailing pond

Excerpt below is from the annual report 2013 which was made available yesterday at their website:

20. SUBSEQUENT EVENTS
On November 25, 2013, the Company increased its reclamation bond on the Bishop Mill, California from US$132,663 (CDN$136,747) to US$191,269. As a result of increasing in the reclamation bond and obtaining the required permits, the Company received approval on December 17, 2013 from BLM for its Plan of Operations and Reclamation Plan for Bishop Mill Property and has commenced construction of a tailing pond (Notes 4 and 7)