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Ascendant Resources Inc.

10:38 AM EST - Ascendant Resources Inc. : Announced robust economic results from its Preliminary Economic Assessment (PEA) at its Lagoa Salgada VMS project in Portugal. The PEA presents a low capex, low operating cost, high margin underground mining operation with strong economics and the opportunity for significant benefit to the Company, the local stakeholders, and will boost Portugal’s economy through exports, taxes and local employment. Ascendant Resources Inc. shares T.ASND are trading down $0.01 at $0.25.