TSX: EOX
www.euromaxresources.com
VANCOUVER, BC, Nov. 14,
2023 /CNW/ - Euromax Resources Ltd. (TSX:
EOX): ("Euromax" or the "Company"), announces
that, further to its October 18, 2023
press release regarding its application for listing on the TSX
Venture Exchange (the "TSXV"), it has received conditional
approval to list the Company's common shares on the TSXV as a Tier
2 Mining Issuer. Further to such conditional approval, Euromax
intends to apply to be voluntarily delisted from the Toronto Stock
Exchange (the "TSX").
Final approval of listing on the TSXV is subject to the Company
satisfying certain customary conditions required by the TSXV. The
Company expects that it will be able to satisfy all such conditions
and will provide an update once the TSXV has issued a bulletin
confirming the date on which trading on the TSXV will commence. The
Company's listing on the TSXV will be coordinated with the
delisting from the TSX such that there should be no interruption of
trading of the Company's common shares. Upon listing on the TSXV,
it is expected that the Company's common shares will continue to
trade under the symbol "EOX".
The Company will provide further updates on timing as soon as
they become available.
Securityholder approval of the voluntary delisting application
is not required.
About Euromax
Resources Ltd.
Euromax has a major development project in North Macedonia and is focused on building
and operating
the Ilovica-Shtuka gold-copper project.
Forward-Looking Information
This news release contains statements that are forward-looking,
such as those relating to the listing of the Company's securities
on the TSXV and the delisting of the Company's securities from the
TSX, each of which remain subject to approval by the TSXV and TSX,
respectively, and any expectations, including with respect to
results and timing, of the processes related to any of the
foregoing. Forward-looking statements are frequently characterised
by words such as "plan", "expect", "project", "intend",
"believe", "anticipate" and other similar
words, or statements that certain events or conditions
"may" or "will" occur. Forward-looking statements are based on the
opinions and estimates of management at the dates the
statements are made, and are subject to a variety of risks and
uncertainties and other factors that could cause actual events
or results to differ materially from those projected in the
forward- looking statements. This information is qualified in its entirety
by cautionary statements and risk factor
disclosure contained in filings made by the Company, including its
annual information form for the year ended December 31, 2022 and financial statements and
related MD&A for the financial years ended December 31, 2022 and 2021, and the unaudited
condensed consolidated interim financial statements for the three
and nine months ended September 30,
2023 and 2022 along with the accompanying MD&A, filed
with the securities regulatory authorities in certain provinces of
Canada and available on SEDAR+ at
sedarplus.ca. The forward-looking statements contained in this
document are as of the date of this document, and are subject
to change after this date. Readers are cautioned that
the assumptions used in the preparation of such information,
although considered reasonable at the time of preparation, may
prove to be imprecise and, as such, undue reliance should not be
placed on forward-looking statements. Euromax disclaims any
intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future
events or otherwise, unless required by applicable law.
Neither the Toronto Stock Exchange nor its regulation services
provider accepts responsibility for the adequacy or accuracy of
this news release.
SOURCE Euromax Resources